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Property profile & analytics
FOR LEASE
Retail space
844 Willow Ave Hercules, CA 94547
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2134548
For Lease
1 / 3
Contact for pricing
844 Willow Ave, Hercules, CA 94547
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Total area
15,375 SF
Lot
1.76 ac (76,666 SF)
APN
406-531-002-3
UPID
US09-2134548
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.50M
Owner & transaction history
Vacaville Mobile Home Park LLC · 11 yrs held
Vacaville Mobile Home Park LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.6M
+51.0%
Commercial (general)
$5.4M
+44.7%
Office building
$5.3M
+42.9%
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 Hercules submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hercules 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,700,000
Current use
MEDICAL BUILDING
$5,585,000
Change: +51% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,350,000
Change: +45% · Conversion: Easy
OFFICE BUILDING
$5,285,000
Change: +43% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,200,000
Change: +13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,075,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$3.50M
Range $3.15M – $3.85M · ±10%
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
$228 / 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
$100,546
Tax year 2024
Assessed value
$8,000,544
Assessed 2024
Previous assessed
$8,000,544
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,767,422
Assessed improvement
$6,233,122
Applied tax rate
4.0000
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
For Lease
Year built
1989
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
15,375 SF
Lot
1.76 ac (76,666 SF)
APN
406-531-002-3
UPID
US09-2134548
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
$3.7M
MEDICAL BUILDING
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$5.4M
OFFICE BUILDING
Est. value
$5.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$4.1M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1989
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
Vacaville Mobile Home Park LLC
Entity
Mailing address
1390 WILLOW PASS RD STE #220, CONCORD, CA 94520-7989
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2020
—
Tucker Associates INC
—
Deed
related
$1,320,000 · Bank Of The Sierra
Dec 17, 2014
$9,700,000
Vacaville Mobile Home Park LLC
Tucker Associates INC
Grant Deed
$4,500,000 · Thrivent Fin'l/lutherans
Aug 26, 2005
—
Willow Avenue Plaza INC
T A Tucker Associates INC
Grant Deed
$3,175,000 · Jpmorgan Chase Bank NA
Mar 29, 2002
$139,000
T A Tucker Associates INC
Stamm,frederick J & Anelli P
Grant Deed
related
$1,850,000 · Summit National Bank
May 14, 1998
$1,350,000
T A Tucker Associates INC
Pacific Development Group
Grant Deed
$1,050,000 · Mt Diablo National Bank
Nov 10, 1993
$175,000
Pacific Development Group
Pacific Investor
Grant Deed
related
—
Mar 28, 1991
$383,000
Investor Pacific
Pacific Hercules
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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