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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Flex space
2051 Williams St San Leandro, CA 94577-2305
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8272603
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1948
Construction
TYPE NOT SPECIFIED
Total area
9,600 SF
Lot
1.89 ac (82,171 SF)
APN
77A-700-7-2
UPID
US09-8272603
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
-
Palace Garage Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
B & Bs Palace LLC · 5 yrs held
B & Bs Palace LLC
since 2020
Last sale
$685,000
5 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
$945,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $685k (Jul 24 2020)
Last sale anchor
$685k
Jul 24 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
$83 / 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
$14,016
Tax year 2024
Assessed value
$1,052,768
Assessed 2024
Previous assessed
$1,052,768
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$645,493
Assessed improvement
$407,275
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
Off-Market
Year built
1948
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
9,600 SF
Lot
1.89 ac (82,171 SF)
APN
77A-700-7-2
UPID
US09-8272603
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
1948
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.89 ac
Current owner
From public records · entity-resolved
B & Bs Palace LLC
Entity
Mailing address
8045 HUASNA RD, ARROYO GRANDE, CA 93420-6162
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2020
—
B & Bs Palace LLC
William H Hemenez
Quit Claim Deed
related
—
Jun 5, 2015
—
William Henry Hemenez
William H Hemenez
Intrafamily Transfer
related
$550,000 · Us Bank NA
Jul 29, 1999
—
William H Hemenez
Hemenez,william H & Barbara T
Quit Claim Deed
related
$305,000 · Mortgage Capital Dev Corp
Apr 27, 1999
$685,000
William H Hemenez
Crane Co
Grant Deed
$367,500 · Bank Of Oakland
—
—
William H Hemenez
—
Deed Of Trust
related
$800,000 · Trans Pacific National Bank
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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