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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Retail space
19648 Msn Blvd Hayward, CA 94541-1234
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-8557201
Property summary
AI-generated overview
This exceptional commercial property in Hayward, California, presents a lucrative investment opportunity. Located at 19648 Mission Boulevard, this offering encompasses two buildings on a corner lot with ample parking. The main building houses a thriving Japanese restaurant with a patio, currently generating an average monthly sales revenue of $134,000. The restaurant's equipment is included in the sale. A valid beer and wine license is also in place. The second building offers versatile potential, suitable for retail use or conversion to residential (permitting required). The entire property boasts 1,923 square feet and includes a large parking lot with 20 spaces. The asking price is $1,349,000, translating to $701.51 per square foot. This property benefits from its prime location in Hayward, Alameda County, zip code 94541, within a rapidly developing area. The motivated seller makes this a compelling opportunity for investors seeking a high-cash-flow commercial property with significant upside potential.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
WOOD
Total area
2,720 SF
Lot
0.31 ac (13,583 SF)
APN
414-11-5
UPID
US09-8557201
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
$610k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$380k
Blend (final)
Blend
$620k
Owner & transaction history
Dhkk Holdings LLC · 6 yrs held
Dhkk Holdings LLC
since 2020
Last sale
$650,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+36.6%
Commercial (general)
$770,000
+4.5%
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
$620,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
RETAIL STORES
$735,000
Current use
AUTO REPAIR, GARAGE
$1,005,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$770,000
Change: +4% · Conversion: Easy
MEDICAL BUILDING
$725,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$670,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $650k (Jan 17 2020)
Last sale anchor
$650k
Jan 17 2020
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
$228 / 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
$8,757
Tax year 2023
Assessed value
$726,923
Assessed 2024
Previous assessed
$683,260
+6.4% YoY
Effective rate
1.20%
On assessed value
Assessed land
$428,876
Assessed improvement
$298,047
Applied tax rate
80.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
2,720 SF
Lot
0.31 ac (13,583 SF)
APN
414-11-5
UPID
US09-8557201
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
RETAIL STORES Current
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$770,000
MEDICAL BUILDING
Est. value
$725,000
OFFICE BUILDING
Est. value
$670,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1950
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Dhkk Holdings LLC
Entity
Mailing address
2481 IRMA WAY, CASTRO VALLEY, CA 94546-2745
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2020
$650,000
Dhkk Holdings LLC
Clarence J & Schaap R Trust
Grant Deed
$600,000 · Bank Of Hope
Dec 24, 2007
—
Ruth Schaap
Schaap,john C SR
Affidavit Of Death
related
—
Jan 24, 1974
—
—
—
Grant Deed
related
—
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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