Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6902 Patterson Pass Rd Livermore, CA 94550-9414
    Back to Search
    Property profile & analytics

    6902 Patterson Pass Rd, Livermore, CA 94550-9414

    View on Map
    • Warehouses
    • 234,284 SF
    • 13.35 lot acres
    Off-Market
    Property ID
    US09-9224274
    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.
    Value Estimations
    $1,750,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Healthy Coffee Lifestyles / Industrial Manufacturer / Production Facility
    • Pure Natures Design / Alternative Medicine Practice
    • Claridge Products & Equipment / (Bike/Boat/Book/etc) Store / Rental Equipment Company
    • Boresha / Hotel & Motel
    • California Coffee Authority / Grocery & Convenience Store / Food Market

    Property Details for 6902 Patterson Pass Rd

    Year built
    1987
    Construction
    TILT-UP CONCRETE
    Lot size
    13.35 lot acres
    Property type
    Warehouses
    APN
    99A-1475-20
    APU
    99A147520

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 23, 2022 — Marathon Drive Buildings Sub LLC — Deed · related $103M · Principal Life Insurance Co
    Dec 18, 2017 — Marathon Drive Buildings Sub L Marathon Drive Buildings LLC Quit Claim Deed —
    Dec 28, 2005 — Marathon Drive Buildings Sub Marathon Drive Buildings LLC Quit Claim Deed · related —
    Dec 6, 2005 — Principal R/e Portfolio INC Patrician Associates INC Grant Deed —
    Nov 30, 2005 — Patrician Associates INC Patrician Livermore LLC Quit Claim Deed —
    Dec 30, 1996 — Principal Mutual Life Insuranc Patrician Associates Grant Deed · related —
    Dec 26, 1996 — Principal Mutual Life Insuranc Las Positas,lincoln Grant Deed · related —
    Jul 5, 1994 — Lincoln Las Positas — Deed Of Trust · related $6.1M · Principal Mutual Life Ins
    — — Marathon Drive Buildings LLC — Deed Of Trust · related $4.5M · Principal Life Insurance Co
    — — Marathon Drive Buildings LLC — Deed Of Trust · related $11.8M · Miscellaneous Ins Co
    — — Patrician Livermore LLC — Deed Of Trust · related $3.2M · Prudential Insurance Co
    — — Lincoln Las Positas — Deed Of Trust · related $595k · Principal Mutual Life Ins

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Livermore
    County
    Alameda
    State
    California
    Longitude
    -121.708
    Latitude
    37.6971
    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
    2024
    $183,009
    $3,500,169
    $12,213,665
    $15,713,834
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $10,270,000
      77,318 SF

      581 Exchange Ct

      WAREHOUSE, STORAGE
      581 Exchange Ct, Livermore, CA 94550
      View Details
    • Value Estimation
      $3,190,000
      33,143 SF

      Brisa St

      WAREHOUSE, STORAGE
      Brisa St, Livermore, CA 94550
      View Details
    • Value Estimation by Request
      367,734 SF

      800 Atlantis St

      WAREHOUSE, STORAGE
      800 Atlantis St, Livermore, CA 94550-2567
      View Details
    • Value Estimation by Request
      609,984 SF

      400 Longfellow Ct

      WAREHOUSE, STORAGE
      400 Longfellow Ct, Livermore, CA 94550-7404
      View Details
    • Value Estimation by Request
      98,950 SF

      6538 Patterson Pass Rd

      WAREHOUSE, STORAGE
      6538 Patterson Pass Rd, Livermore, CA 94550-9564
      View Details
    • Value Estimation
      $1,930,000
      19,380 SF

      5937 Graham Ct

      WAREHOUSE, STORAGE
      5937 Graham Ct, Livermore, CA 94550-8312
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,230 SF

      Pleasanton Flex Condo Unit

      1,020 SF flex condo with grade-level door and office.
      400-444 Preston Ct, Livermore, CA 94550
      View Details
    • Contact for pricing

      Livermore Valley Development Opportunity

      Large acreage in Ruby Hill area, ideal for development.
      221 Vineyard Ave, Livermore, CA 94550
      View Details
    • Contact for pricing
      2,806 SF

      Retail, Medical, or Office Condo

      Condo available for retail, medical, or office use.
      1330-1350 Concannon Blvd, Livermore, CA 94550
      View Details
    • Contact for pricing
      2,125 SF

      Historic Carriage House Restaurant/Bar

      Freestanding restaurant/bar in historic building with rear patio.
      2160 Railroad Ave, Livermore, CA 94550
      View Details
    • Contact for pricing

      220-Acre Vineyard Estate

      Agricultural estate with vineyard, panoramic views, and development potential.
      Greenville Rd, Livermore, CA 94550
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      85,200 SF

      Industrial Space with Heavy Power

      28,400 SF industrial space with heavy electrical distribution.
      203 Lawrence Dr, Livermore, CA 94550
      View Details
    • Contact for pricing
      128,622 SF

      Livermore Industrial Space For Lease

      128,622 SF industrial space suitable for various uses.
      6755 Brisa St, Livermore, CA 94550
      View Details
    • Contact for pricing
      9,400 SF

      Warehouse with Rocked Yard

      Warehouse with storage building and large rocked yard for rent.
      7650 Hawthorne Ave, Livermore, CA 94550
      View Details
    • Contact for pricing
      70,560 SF

      Livermore Industrial Space Available

      Industrial space in Tri Valley market, near innovation and research hubs.
      4771 Arroyo Vis, Livermore, CA 94550
      View Details
    • Contact for pricing

      Livermore Flex and Warehouse Space

      Flex, industrial, office, and warehouse spaces available for lease.
      6465 National Dr, Livermore, CA 94550
      View Details
    • Contact for pricing
      41,525 SF

      Livermore Retail/Office Space Available

      Centrally located retail/office space near downtown Livermore.
      2Nd St, Livermore, CA 94550
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6902 Patterson Pass Rd
    Livermore, CA 94550-9414
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6902 Patterson Pass Rd, Livermore, CA, 94550
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!