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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Office buildings
971 Dewing Ave Lafayette, CA 94549-4252
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0536625
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Total area
3,467 SF
Lot
0.17 ac (7,405 SF)
Zoning code
SR
APN
243-110-007-8
UPID
US09-0536625
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
-
Leslie Whitney Realtor Real Estate Agency
-
Main Street Property Services Inc Real Estate Agency
-
SPI Consulting Engineering Consultant
-
Omar Khan, Realtor® | Real Estate Agent in Lafayette, CA Real Estate Agency
-
Sean Fruth, Realtor, Vanguard Properties Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$825k
Blend (final)
Blend
$965k
Owner & transaction history
Bill & Sheu Poy Family LLC · 12 yrs held
Bill & Sheu Poy Family LLC
since 2014
6 recorded transactions
Zoning & alternative use
SR · Lafayette, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+5.7%
Commercial (general)
$1.2M
+1.3%
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 Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette 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%
$1,115,000
6.5%
$1,030,000
7%
$955,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,190,000
Current use
MEDICAL BUILDING
$1,260,000
Change: +6% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,205,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$278 / 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
$18,120
Tax year 2024
Assessed value
$1,463,816
Assessed 2024
Previous assessed
$1,463,816
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$360,544
Assessed improvement
$1,103,272
Applied tax rate
14.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1974
Heating
NONE
Stories
1
Total area
3,467 SF
Lot
0.17 ac (7,405 SF)
Zoning code
SR
APN
243-110-007-8
UPID
US09-0536625
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
SR · Lafayette, CA
Zoning SR · permitted uses
SR · Lafayette, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lafayette. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING Current
MEDICAL BUILDING
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
1974
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Bill & Sheu Poy Family LLC
Entity
Free & Clear · 12 yrs held
Mailing address
7638 STOCKTON AVE, EL CERRITO, CA 94530-3036
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2014
—
Bill & Sheu Poy Family LLC
Poy Bill L & S G Trust
Quit Claim Deed
related
—
Dec 24, 2012
—
Jeanette A Tzyen
Poy Bill L & Sheu G Trust
Grant Deed
related
—
Aug 22, 2002
$960,000
Poy,tr
Koepf,tr
Grant Deed
—
Apr 12, 2001
—
Fred Lange Trustee
Lange,fred
Quit Claim Deed
related
$400,000 · Wells Fargo Bank
May 3, 2000
—
Lange Trust
Lange,fred & Margaret W
Quit Claim Deed
related
—
—
—
Poy,bill L & Sheu G Trust
—
Deed Of Trust
related
$550,000 · Exchange 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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