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Property profile & analytics
OFF-MARKET
Estimated value
$24,670,000
Warehouses
7551 Longard Rd Livermore, CA 94551-8222
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8112624
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Construction
TILT-UP CONCRETE
Total area
90,500 SF
Lot
4.94 ac (215,186 SF)
APN
99B-8110-65
UPID
US09-8112624
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
by Request
CAP Approach
CAP
$21.25M
Comparable Approach
Comparable
$25.34M
Blend (final)
Blend
$24.67M
Owner & transaction history
Formfactor INC · 6 yrs held
Formfactor INC
since 2020
Last sale
$24.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$38.5M
+134.2%
Medical building
$35.8M
+117.9%
Office building
$30.7M
+86.9%
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 Livermore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Livermore 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
$25,340,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$23,015,000
6.5%
$21,245,000
7%
$19,730,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$16,420,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$38,450,000
Change: +134% · Conversion: Moderate
MEDICAL BUILDING
$35,780,000
Change: +118% · Conversion: Difficult
OFFICE BUILDING
$30,690,000
Change: +87% · Conversion: Difficult
AUTO REPAIR, GARAGE
$29,145,000
Change: +78% · Conversion: Easy
RETAIL STORES
$25,680,000
Change: +56% · Conversion: Moderate
COMMERCIAL (GENERAL)
$25,345,000
Change: +54% · Conversion: Difficult
Blend value · Realmo final
$24.67M
Range $22.20M – $27.14M · ±10% · vs last sale $24.00M (Apr 1 2020)
Last sale anchor
$24.00M
Apr 1 2020
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
$273 / 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
$295,604
Tax year 2024
Assessed value
$25,732,559
Assessed 2024
Previous assessed
$25,732,559
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$5,736,216
Assessed improvement
$19,996,343
Applied tax rate
16.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
90,500 SF
Lot
4.94 ac (215,186 SF)
APN
99B-8110-65
UPID
US09-8112624
Jurisdiction
ALAMEDA
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
WAREHOUSE, STORAGE Current
Est. value
$16.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$38.5M
MEDICAL BUILDING
Est. value
$35.8M
OFFICE BUILDING
Est. value
$30.7M
AUTO REPAIR, GARAGE
Est. value
$29.1M
RETAIL STORES
Est. value
$25.7M
COMMERCIAL (GENERAL)
Est. value
$25.3M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
2019
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
4.94 ac
Current owner
From public records · entity-resolved
Formfactor INC
Entity
Free & Clear · 6 yrs held
Mailing address
9100 SW GEMINI DR, BEAVERTON, OR 97008-7127
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2020
—
Formfactor INC
—
Deed
related
$500,000 · Mufg Union Bank NA
Apr 1, 2020
$24,000,000
Formfactor INC
Longard Bacc III LLC
Grant Deed
—
May 28, 2019
—
Longard Bacc III LLC
City Of Livermore
Quit Claim Deed
related
—
May 12, 2017
$3,071,000
Longard Bacc III LLC
Greenville Investors LP
Grant Deed
—
Aug 10, 2010
—
Greenville Investors LP
—
Deed Of Trust
related
$2,362,500 · City National Bank
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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