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Property profile & analytics
OFF-MARKET
Estimated value
$3,640,000
Office buildings
1133 Auburn St Fremont, CA 94538-7329
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-7579864
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
TILT-UP CONCRETE
Total area
11,498 SF
Lot
0.82 ac (35,714 SF)
APN
519-1680-35
UPID
US09-7579864
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
-
Wendy Wayne Law Firm
-
Kozachenko Paul Law Firm
-
Pierce and Nunez Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.64M
Owner & transaction history
Cipher Dev Partners LLC · 9 yrs held
Cipher Dev Partners LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.8M
+10.4%
Commercial (general)
$5.7M
+9.1%
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 Fremont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fremont 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
OFFICE BUILDING
$5,245,000
Current use
RESTAURANT
$5,790,000
Change: +10% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,725,000
Change: +9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,885,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$4,545,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$3.64M
Range $3.28M – $4.00M · ±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
$317 / 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
$38,910
Tax year 2023
Assessed value
$3,413,430
Assessed 2024
Previous assessed
$3,346,500
+2.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,137,810
Assessed improvement
$2,275,620
Applied tax rate
12.0000
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Units
2
Bathrooms
7
Total area
11,498 SF
Lot
0.82 ac (35,714 SF)
APN
519-1680-35
UPID
US09-7579864
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
OFFICE BUILDING Current
Est. value
$5.2M
RESTAURANT
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$5.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.5M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Units
2
Bathrooms
7
Lot
0.82 ac
Current owner
From public records · entity-resolved
Cipher Dev Partners LLC
Entity
Mailing address
1133 AUBURN ST #100, FREMONT, CA 94538-7329
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Oct 12, 2016
$3,000,000
Cipher Dev Partners LLC
Auburn LLC
Grant Deed
—
Feb 24, 2016
—
Auburn LLC
Gonsalves L 2002 Trust
Quit Claim Deed
—
Nov 22, 2002
—
Roy J Buis
Nemmer,ronald F
Grant Deed
related
—
Mar 3, 2000
$1,670,000
Ronald F Nemmer
Bentley Trust
Grant Deed
$1,170,000 · Seller
Jun 1, 1993
—
Roderick&twila,bentley Trust
Bentley,r.&t.
Quit Claim Deed
related
—
Jan 29, 1993
—
Roderick&twila,bentley Trust
Bentley Roderick
Quit Claim Deed
related
—
—
—
Gonzalves,tr
—
Deed Of Trust
related
$1,265,250 · Fremont Bank
—
—
Gonzalves,tr
—
Deed Of Trust
related
$169,750 · Fremont 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.
Try Rey
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