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Property profile & analytics
FOR LEASE
Retail space
87 Center Ave Pacheco, CA 94553
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5056975
For Lease
1 / 2
$2,250,000
87 Center Ave, Pacheco, CA 94553
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1971
Total area
5,640 SF
Lot
0.15 ac (6,600 SF)
Zoning code
C
APN
125-032-012-2
UPID
US09-5056975
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
-
The Trivial Company Warehouse & Storage
-
Napa Barrel Chairs Production Facility Furniture & Home Goods
-
U-Haul Neighborhood Dealer Car Rental Facility
-
WineBarrelChairs.com Production Facility Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.29M
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.25M
Owner & transaction history
Panipat LLC · 5 yrs held
Panipat LLC
since 2020
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
C · Pacheco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+116.4%
Medical building
$2.1M
+79.7%
Commercial (general)
$2.0M
+72.2%
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 Pacheco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacheco 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
$2,250,000
ML approach
$2,285,000
CAP Approach
CAP Return
Estimation
6%
$2,405,000
6.5%
$2,220,000
7%
$2,060,000
Alternative Use
Use
Estimation
RESTAURANT
$2,465,000
Change: +116% · Conversion: Easy
MEDICAL BUILDING
$2,050,000
Change: +80% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,965,000
Change: +72% · Conversion: Easy
OFFICE BUILDING
$1,940,000
Change: +70% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,495,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±10% · vs last sale $2.58M (Nov 17 2020)
Last sale anchor
$2.58M
Nov 17 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
$399 / 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
$8,498
Tax year 2024
Assessed value
$677,503
Assessed 2024
Previous assessed
$677,503
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$164,955
Assessed improvement
$512,548
Applied tax rate
79.0000
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
1971
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
5,640 SF
Lot
0.15 ac (6,600 SF)
Zoning code
C
APN
125-032-012-2
UPID
US09-5056975
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
C · Pacheco, CAZoning C · permitted uses
C · Pacheco, CA
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
RESTAURANT
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1971
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Panipat LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2175 CASTILLEJO WAY, FREMONT, CA 94539-5142
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2020
—
Panipat LLC
Kuldeep Singh
Quit Claim Deed
—
Nov 5, 2018
—
Kuldeep Singh
—
Deed
related
$1,410,000 · Bay Commercial Bank
Jun 15, 2015
—
Mohinder K Singh
Singh Satnam
Quit Claim Deed
related
—
Jun 15, 2015
$2,578,500
Kuldeep Singh
Hicks Family Holdings LLC
Grant Deed
$1,500,000 · Open Bank
Feb 5, 2009
—
Hicks 2000 Trust
Hicks Phyllis J S Trust
Quit Claim Deed
—
Feb 14, 2006
—
Phillip M Kelly
Kelly,audrey T
Affidavit Of Death
related
—
Feb 21, 1997
—
Kelly Trust
Kelly,audrey T
Quit Claim Deed
related
—
—
—
Panipat LLC
—
Loan Modification
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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