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Property profile & analytics
OFF-MARKET
Estimated value
$3,155,000
Flex space
83 Wright Brothers Ave Livermore, CA 94551-9473
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7908176
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1999
Construction
TILT-UP CONCRETE
Total area
10,575 SF
Lot
0.55 ac (24,020 SF)
APN
99-1342-23-2
UPID
US09-7908176
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
Current use
Occupant on record · Public records
-
LVKitchen Take-out & Catering
-
CTKempanadas Restaurant
-
Speakeasy Pizza Livermore Take-out & Catering
-
Charming Fig Cafe & Coffee Shop
-
Postres Macarons Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.88M
CAP Approach
CAP
$1.95M
Comparable Approach
Comparable
$3.48M
Blend (final)
Blend
$3.16M
Owner & transaction history
River Town LLC · 5 yrs held
River Town LLC
since 2021
Last sale
$3.3M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.5M
+67.3%
Medical building
$4.2M
+55.7%
Office building
$3.6M
+33.5%
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
$2,910,000
ML approach
$2,880,000
CAP Approach
CAP Return
Estimation
6%
$2,110,000
6.5%
$1,945,000
7%
$1,810,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,685,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,495,000
Change: +67% · Conversion: Difficult
MEDICAL BUILDING
$4,180,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$3,585,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,405,000
Change: +27% · Conversion: Easy
RETAIL STORES
$3,000,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,960,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$3.16M
Range $2.84M – $3.47M · ±10% · vs last sale $3.25M (Jan 4 2021)
Last sale anchor
$3.25M
Jan 4 2021
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
$298 / 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
$40,759
Tax year 2024
Assessed value
$3,448,900
Assessed 2024
Previous assessed
$3,448,900
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$636,720
Assessed improvement
$2,812,180
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Total area
10,575 SF
Lot
0.55 ac (24,020 SF)
APN
99-1342-23-2
UPID
US09-7908176
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.2M
OFFICE BUILDING
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.4M
RETAIL STORES
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$3.0M
INDUSTRIAL (GENERAL) 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
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
River Town LLC
Entity
Mailing address
321 HARTZ AVE STE #200, DANVILLE, CA 94526-3336
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jul 7, 2022
—
River Town LLC
—
Deed
related
$2,425,000 · Heritage Bank Of Commerce
Jan 4, 2021
$3,250,000
River Town LLC
Checkers Grill
Grant Deed
$1,950,000 · Checkers Grill
Jun 8, 2004
—
Checkers Grill
—
Trustees Deed
related
$240,000 · Wells Fargo Bank
Oct 10, 2003
$1,377,000
Checkers Grill
Patmont,tr
Grant Deed
$1,168,750 · Wells Fargo Bank
Dec 27, 1999
$905,500
Steven J Patmont
Airport Business Center Prop
Grant Deed
$814,644 · Seller
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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