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    Property profile & analytics

    649 Main St Pleasanton, CA 94566-6603

    • Strip malls
    • 7,700 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimations
    $940,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7885748
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Window Replacement Redwood City / Hardware & Home Improvement / Interior Design
    • Strizzi's Restaurant / Restaurant
    • ALL US Mold Removal & Remediation Pleasanton CA / Hardware & Home Improvement / Construction Company
    • Express Air Inc / Corporate Office

    Property Details for 649 Main St

    Year built
    1927
    Construction
    TILT-UP CONCRETE
    Lot size
    0.13 lot acres
    Property size
    7,700 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    94-123-37
    APU
    9412337

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,064,000
      Market price range: $1.06M - $5.23M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pleasanton
    County
    Alameda
    State
    California
    Longitude
    -121.875
    Latitude
    37.6624
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,777
    $144,667
    $585,353
    $730,020
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,470,000
      5,203 SF

      3550 Stanley Blvd

      SHOPPING CENTER, STRIP CENTER • 5,203 SF
      3550 Stanley Blvd, Pleasanton, CA 94566-6235
      View Details
    • Value Estimation
      $2,320,000
      13,891 SF

      337 Main St

      SHOPPING CENTER, STRIP CENTER • 13,891 SF
      337 Main St, Pleasanton, CA 94566-7358
      View Details
    • Value Estimation
      $1,960,000
      12,310 SF

      148 Ray St

      SHOPPING CENTER, STRIP CENTER • 12,310 SF
      148 Ray St, Pleasanton, CA 94566-7273
      View Details
    • Value Estimation
      $3,115,000
      12,900 SF

      3150 Bernal Ave

      SHOPPING CENTER, STRIP CENTER • 12,900 SF
      3150 Bernal Ave, Pleasanton, CA 94566
      View Details
    • Value Estimation
      $2,620,000
      14,340 SF

      3283 Bernal Ave

      SHOPPING CENTER, STRIP CENTER • 14,340 SF
      3283 Bernal Ave, Pleasanton, CA 94566-7096
      View Details
    • Value Estimation
      $6,580,000
      38,802 SF

      6654 Koll Ctr Pkwy

      SHOPPING CENTER, STRIP CENTER • 38,802 SF
      6654 Koll Ctr Pkwy, Pleasanton, CA 94566-3113
      View Details

    Similar Nearby for Sale

    • $295,000

      Historic Restaurant Business Opportunity

      Established fast food restaurant for sale in Pleasanton, California.
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      46.31 Acres

      Pleasanton Land with Panoramic Views

      46.31 acres of land with views near Pleasanton Ridge.
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    • $189,000
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      Vineyard Land For Sale

      Commercial land available in Pleasanton, CA.
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    • $2,695,000

      Commercial Land in Pleasanton

      1.17 acres of commercial-zoned land with multiple development possibilities.
      3595 Utah St, Pleasanton, CA 94566
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      Prime Commercial Land in Pleasanton

      Last undeveloped parcel in established Pleasanton commercial district.
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    Similar Nearby for Lease

    • Contact for pricing
      1,391 SF

      Retail Space Near Downtown Pleasanton

      Retail space in Safeway/CVS anchored shopping center near I-680.
      6762 Bernal Ave, Pleasanton, CA 94566
      View Details
    • Contact for pricing

      Retail Space in Pleasanton Center

      Retail and restaurant spaces available in established Pleasanton shopping center.
      5410-5480 Sunol Blvd, Pleasanton, CA 94566
      View Details
    • Contact for pricing
      800 SF

      Retail Space in Pleasanton Center

      Grocery-anchored shopping center space available for lease.
      3550 Bernal Ave, Pleasanton, CA 94566
      View Details
    • Contact for pricing
      5,211 SF

      Retail Space in Pleasanton Center

      Retail and restaurant spaces available in Pleasanton shopping center.
      5480 Sunol Blvd, Pleasanton, CA 94566
      View Details
    • Contact for pricing

      Pleasanton Neighborhood Shopping Center Space

      Retail spaces available in established Pleasanton shopping center near I-680.
      6654 Koll Center Pkwy, Pleasanton, CA 94566
      View Details
    • Contact for pricing
      3,444 SF

      Retail Space in Pleasanton Center

      Retail space available in a busy Pleasanton shopping center.
      5737 Valley Ave, Pleasanton, CA 94566
      View Details
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    649 Main St
    Pleasanton, CA 94566-6603
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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