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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Medical Office Space
1375 B St, Hayward, CA 94541-2917
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-8246974
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1959
Construction
WOOD
Total area
2,712 SF
Lot
0.17 ac (7,500 SF)
APN
427-31-40
UPID
US09-8246974
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
-
Small Helen Dental Office
-
Dr. Elmer De Leon Dental Office
-
ESDL DE LEON, DDS INC Dental Office
-
Be Young Aesthetics Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$935k
Blend (final)
Blend
$945k
Owner & transaction history
Elmer S De Leon · 5 yrs held
Elmer S De Leon
since 2021
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+59.3%
Auto repair, garage
$1.0M
+38.7%
Commercial (general)
$765,000
+6.1%
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 Hayward submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hayward 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
$955,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$725,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,150,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,005,000
Change: +39% · Conversion: Difficult
COMMERCIAL (GENERAL)
$765,000
Change: +6% · Conversion: Easy
RETAIL STORES
$735,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$665,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $950k (Jun 24 2021)
Last sale anchor
$950k
Jun 24 2021
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
$348 / 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
$12,371
Tax year 2023
Assessed value
$1,008,140
Assessed 2024
Previous assessed
$988,380
+2.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$403,256
Assessed improvement
$604,884
Applied tax rate
25.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
2,712 SF
Lot
0.17 ac (7,500 SF)
APN
427-31-40
UPID
US09-8246974
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 Current
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$765,000
RETAIL STORES
Est. value
$735,000
OFFICE BUILDING
Est. value
$665,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE 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
1959
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Elmer S De Leon
Individual
Mailing address
1375 B ST, HAYWARD, CA 94541-2917
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2021
$950,000
Elmer S De Leon
Neria B Canonizado
Grant Deed
$487,500 · First Choice Bank
Jun 24, 2021
—
Elmer S De Leon
—
Deed
related
$398,000 · Business Finance Capital
Apr 13, 2018
$665,000
Canonizado,neria B Trust
Cabellon,cristina
Grant Deed
—
Apr 6, 2018
—
Cristina Cabellon
—
Deed
related
$300,000 · Estrella Abalos
Sep 29, 2017
—
Estrella Abalos
—
Trustees Deed
related
$300,000 · Cristina A Cabellon
Feb 4, 2016
$470,000
Cristina Cabellon
Nazareno,guy G
Grant Deed
—
Feb 4, 2016
—
Kenneth Cui
Chen,maggie
Quit Claim Deed
related
—
Feb 29, 2008
$950,000
Guy G Nazareno
John Ordie Shaffer IV
Grant Deed
$475,000 · California Oaks State Bank
Mar 23, 1995
—
Shaffer Trust
Shaffer,john O
Quit Claim Deed
related
—
Feb 22, 1995
—
Shaffer J O
Shaffer Trust
Quit Claim Deed
related
—
Apr 11, 1994
—
Shaffer J O
Shaffer Trust
Quit Claim Deed
related
—
Feb 9, 1994
—
Shaffer Trust
Shaffer,john O
Quit Claim Deed
related
—
—
—
Cristina Cabellon
—
Deed Of Trust
related
$300,000 · Estrella Abalos
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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