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Property profile & analytics
FOR LEASE
Strip malls
8931 San Ramon Rd Dublin, CA 94568
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-8427996
For Lease
1 / 5
$3,500,000
8931 San Ramon Rd, Dublin, CA 94568
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1973
Construction
TILT-UP CONCRETE
Total area
14,674 SF
Lot
1.65 ac (71,928 SF)
APN
941-164-3-9
UPID
US09-8427996
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
$4.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.50M
Owner & transaction history
Apna Investment Group LLC · 1 yrs held
Apna Investment Group LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Dublin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dublin 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%
$4,505,000
6.5%
$4,155,000
7%
$3,860,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,800,000
Change: -7% · 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
$239 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$100,443
Tax year 2023
Assessed value
$8,092,862
Assessed 2024
Previous assessed
$7,934,206
+2.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$3,280,890
Assessed improvement
$4,811,972
Applied tax rate
26.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
9
Total area
14,674 SF
Lot
1.65 ac (71,928 SF)
APN
941-164-3-9
UPID
US09-8427996
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
MEDICAL BUILDING
Est. value
$5.8M
MEDICAL BUILDING
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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
9
Lot
1.65 ac
Current owner
From public records · entity-resolved
Apna Investment Group LLC
Entity
Mailing address
381 BRIDLE CT, SAN RAMON, CA 94582-5958
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2024
—
Apna Investment Group LLC
Gurdaver S Dhaliwal
Grant Deed
—
Feb 22, 2019
$7,400,000
Gurdaver S Dhaliwal
Lotus Investments Dublin LLC
Grant Deed
$2,000,000 · Wells Fargo Bank NA
Feb 22, 2019
—
Gurdaver S Dhaliwal
Dhaliwal,baljinder K
Quit Claim Deed
related
—
Nov 22, 2016
—
Lotus Investments-dublin LLC
—
Deed
related
$3,425,000 · California Bk/commerce
May 25, 2011
—
Lotus Investments-dublin LLC
Amin Daylon Trust
Grant Deed
—
May 6, 2008
—
Corbett 2000 Family Trust
Braddock & Logan Group III
Quit Claim Deed
related
$3,808,881 · California Commerce Bank
May 6, 2008
$6,400,000
Amin Daylon Trust
Corbett 2000 Family Trust
Grant Deed
—
Feb 26, 2007
—
Corbett 2000 Family Trust
—
Trustees Deed
related
$1,500,000 · Mount Diablo National Bank
Jun 30, 2005
—
Richard K Corbett
Owner,record
Grant Deed
related
—
Dec 18, 2002
—
Corbett,tr
San Ramon Investment Co
Grant Deed
related
$1,700,000 · Mt Diablo National Bank
Dec 10, 1998
$26,500
Shell Oil Co
San Ramon Investment Co
Grant Deed
—
Feb 4, 1977
—
—
—
Grant Deed
related
—
—
—
San Ramon Investment Co
—
Deed Of Trust
related
$1,275,000 · Standard Insurance Co
—
—
Lotus Investments-dublin LLC
—
Deed Of Trust
related
$3,425,000 · California Bk/commerce
—
—
Lotus Investments-dublin LLC
—
Deed Of Trust
related
$500,000 · California Bk/commerce
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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