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Property profile & analytics
OFF-MARKET
Estimated value
$7,025,000
Gas stations
1998 Whipple Rd Union City, CA 94587-1997
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-6802852
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2022
Construction
TYPE NOT SPECIFIED
Total area
2,800 SF
Lot
0.6 ac (26,000 SF)
APN
475-165-90
UPID
US09-6802852
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
-
7-Eleven Grocery & Convenience Store
-
TNT Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.64M
Blend (final)
Blend
$7.03M
Owner & transaction history
Fred R Martin · 3 yrs held
Fred R Martin
since 2022
Last sale
$7.9M
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 Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City 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
$6,825,000
ML approach
$6,890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.03M
Range $6.32M – $7.73M · ±10% · vs last sale $7.88M (Nov 17 2022)
Last sale anchor
$7.88M
Nov 17 2022
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
$2,509 / 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
$81,340
Tax year 2023
Assessed value
$6,426,000
Assessed 2024
Previous assessed
$6,300,000
+2.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$3,366,000
Assessed improvement
$3,060,000
Applied tax rate
15.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2022
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
2,800 SF
Lot
0.6 ac (26,000 SF)
APN
475-165-90
UPID
US09-6802852
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
2022
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Fred R Martin
Individual
Mailing address
89 PO BOX 4407TH LN, EL DORADO HILLS, CA 95762-0018
Ownership since
2022
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
Nov 17, 2022
$7,884,000
Fred R Martin
Se Union City 1247 LLC
Grant Deed
$3,547,000 · First Savings Bank
Jun 9, 2021
$1,250,000
Se Union City 1247 LLC
Stephen Siew Teck Ng
Grant Deed
$3,965,000 · Plainscapital Bank
Mar 14, 2005
—
Stephen S Ng
Ng,priscilla
Quit Claim Deed
related
—
Dec 16, 2002
—
Stephen S Ng
Ng,stephen S
Quit Claim Deed
related
$478,173 · Wells Fargo Bank
Sep 21, 2000
$2,500
Stephen S Ng
Aminian,michael
Grant Deed
related
—
Nov 17, 1998
—
Stephen S Ng
Aminian,michael
Grant Deed
related
—
Oct 31, 1988
$307,500
Exxon Corporatio
Texaco Refining
Grant Deed
—
—
—
Stephen S Ng
—
Deed Of Trust
related
$3,825 · Priscilla Ng
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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