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Property profile & analytics
FOR LEASE
Flex space
2020 Williams St San Leandro, CA 94577
Entity Owned
7-yr Hold
Free & Clear
Property ID
US09-8041510
For Lease
1 / 7
$41,765,000
2020 Williams St, San Leandro, CA 94577
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1946
Construction
TILT-UP CONCRETE
Total area
289,747 SF
Lot
11.31 ac (492,644 SF)
APN
77A-644-1-6
UPID
US09-8041510
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
-
Glaziers & Glassworkers Local 169 Advocacy Group
-
DC 16 Jattf Training Center
-
Painters and Allied Trades #3 Corporate Office
-
Williams Industrial Park Shopping Center & Mall
-
Starsong & Co. Warehouse Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$53.36M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$41.77M
Owner & transaction history
Bg8 Williams Street LLC · 7 yrs held
Bg8 Williams Street LLC
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$57,805,000
6.5%
$53,360,000
7%
$49,545,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$59,840,000
Current use
Blend value · Realmo final
$41.77M
Range $37.59M – $45.94M · ±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
$144 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$808,604
Tax year 2024
Assessed value
$65,791,198
Assessed 2024
Previous assessed
$65,791,198
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$13,943,782
Assessed improvement
$51,847,416
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1946
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Bathrooms
2
Total area
289,747 SF
Lot
11.31 ac (492,644 SF)
APN
77A-644-1-6
UPID
US09-8041510
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
INDUSTRIAL (GENERAL) Current
Est. value
$59.8M
INDUSTRIAL (GENERAL) Current
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
1946
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Bathrooms
2
Lot
11.31 ac
Current owner
From public records · entity-resolved
Bg8 Williams Street LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2019
$50,750,000
Bg8 Williams Street LLC
37 Sl2020 Owner LLC
Grant Deed
—
Nov 15, 2017
$35,991,000
37 Sl2020 Owner LLC
Brcp San Leandro Industrial LLC
Grant Deed
—
Jun 2, 2016
—
Brcp San Leandro Industrial Ll
—
Deed
related
$25,500,000 · Redwood Cap Fin
Oct 24, 2014
—
Brcp San Leandro Industrial Ll
Brcp San Leandro Industrial Ll
Quit Claim Deed
related
—
Mar 9, 2007
—
Brcp San Leandro Indl LLC
Chapman Harold JR Trust
Grant Deed
related
—
Nov 6, 2006
—
Chapman Harold JR Trust
Chapman,harold B JR
Quit Claim Deed
related
—
Dec 26, 1996
—
Harold B Chapman
Kellogg Co
Grant Deed
$1,750,000 · Fairmont Investment LLC
—
—
Brcp San Leandro Indl LLC
—
Deed Of Trust
related
$26,766,143 · Fairway Com'l Mtg
—
—
Brcp San Leandro Industrial Ll
—
Loan Modification
related
$25,500,000 · Redwood Cap Fin
—
—
Harold B Chapman JR.
—
Deed Of Trust
related
$5,500,000 · Lone Oak Fund LLC
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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