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Property profile & analytics
OFF-MARKET
Estimated value
$1,975,000
Retail space
724 Main St Martinez, CA 94553-1131
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2720067
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1905
Construction
WOOD FRAME
Total area
7,985 SF
Lot
0.23 ac (10,000 SF)
APN
373-193-009-9
UPID
US10-2720067
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$1.98M
Owner & transaction history
298 Alabama LLC · 4 yrs held
298 Alabama LLC
since 2022
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.9M
+79.7%
Commercial (general)
$2.8M
+72.2%
Office building
$2.7M
+70.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Martinez submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Martinez submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,755,000
ML approach
$1,785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,615,000
Current use
MEDICAL BUILDING
$2,900,000
Change: +80% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,780,000
Change: +72% · Conversion: Easy
OFFICE BUILDING
$2,745,000
Change: +70% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,115,000
Change: +31% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,025,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$1.98M
Range $1.78M – $2.17M · ±10% · vs last sale $2.15M (Jun 20 2022)
Last sale anchor
$2.15M
Jun 20 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$247 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$28,206
Tax year 2024
Assessed value
$2,236,860
Assessed 2024
Previous assessed
$2,236,860
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$780,300
Assessed improvement
$1,456,560
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1905
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
7,985 SF
Lot
0.23 ac (10,000 SF)
APN
373-193-009-9
UPID
US10-2720067
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1905
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
0.23 ac
Current owner
From public records · entity-resolved
298 Alabama LLC
Entity
Mailing address
300 BARBARA WAY, HILLSBOROUGH, CA 94010-6760
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2022
$2,150,000
298 Alabama LLC
Helen J Yu
Grant Deed
$1,157,190 · Wells Fargo Bank NA
Sep 22, 2017
$1,488,000
Helen J Yu
Linh D Dinh
Grant Deed
$967,000 · Utsg International Bank
Aug 16, 2013
—
Linh D Dinh
Linh D Dinh
Intrafamily Transfer
related
$732,000 · Wells Fargo Bank NA
Oct 24, 2011
—
Dinh-pham Living Trust
Dinh,darren N
Quit Claim Deed
related
—
Nov 18, 2004
—
Linh D Dinh
Dinh,linh D
Quit Claim Deed
related
—
Jul 30, 2004
$980,000
Linh D Dinh
Yee,franklin & May
Grant Deed
$700,000 · Greenpoint Mortgage Funding
Jul 30, 2004
—
Linh D Dinh
Dinh,xuan K
Quit Claim Deed
related
—
Jul 1, 1999
$585,000
William Liu
Franco Trust
Grant Deed
$410,000 · Seller
—
—
Linh D Dinh
—
Deed Of Trust
related
$775,000 · Union Bank Of California
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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