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Property profile & analytics
OFF-MARKET
Estimated value
$1,740,000
Strip malls
15299 Hesperian Blvd San Leandro, CA 94578-3929
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-7988375
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1950
Construction
TILT-UP CONCRETE
Total area
10,321 SF
Lot
0.42 ac (18,134 SF)
APN
77C-1280-5-1
UPID
US09-7988375
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
-
Dorche's Hair Studio Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.74M
Owner & transaction history
Chezavat,m & Wang C Trust · 6 yrs held
Chezavat,m & Wang C Trust
since 2019
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 San Leandro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Leandro 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$169 / 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
$24,424
Tax year 2023
Assessed value
$1,929,941
Assessed 2024
Previous assessed
$1,892,105
+2.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$777,337
Assessed improvement
$1,152,604
Applied tax rate
10.0000
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
Off-Market
Year built
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
7
Bathrooms
3
Total area
10,321 SF
Lot
0.42 ac (18,134 SF)
APN
77C-1280-5-1
UPID
US09-7988375
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
Building & site characteristics
From public records
Year built
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
7
Bathrooms
3
Lot
0.42 ac
Current owner
From public records · entity-resolved
Chezavat,m & Wang C Trust
Trust
Mailing address
2892 HILLSIDE DR, BURLINGAME, CA 94010-5968
Ownership since
2019
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
Sep 6, 2019
$1,800,000
Chezavat,m & Wang C Trust
421 Associates
Grant Deed
—
Aug 8, 2014
—
421 Associates
421 Associates
Quit Claim Deed
related
—
May 25, 2012
$1,200,000
421 Associates
Shining Star Investments LLC
Grant Deed
$265,000 · Shining Star Investment LLC
Aug 15, 2002
$950,000
Shining Star Investments LLC
Joseph,s Howard Tr
Grant Deed
$665,000 · Cathay Bank
Jun 12, 1998
$650,000
Howard Trust
Mcclure,larry M
Grant Deed
$525,000 · Seller
Dec 21, 1982
$94,000
—
—
Grant Deed
related
—
—
—
421 Associates
—
Deed Of Trust
related
$720,000 · Cathay Bank
—
—
Larry M Mcclure
—
Deed Of Trust
related
$60,000 · Individual
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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