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Property profile & analytics
OFF-MARKET
Estimated value
$9,735,000
Office buildings
21212 Cabot Blvd Hayward, CA 94545-1647
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8301437
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
TILT-UP CONCRETE
Total area
37,444 SF
Lot
2.78 ac (121,097 SF)
APN
439-35-33
UPID
US09-8301437
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
$10.31M
CAP Approach
CAP
$9.61M
Comparable Approach
Comparable
$13.12M
Blend (final)
Blend
$9.74M
Owner & transaction history
Bji Investments LLC · 4 yrs held
Bji Investments LLC
since 2021
Last sale
$9.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$15.9M
+64.4%
Auto repair, garage
$13.8M
+43.1%
Industrial (general)
$11.3M
+17.2%
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
$10,630,000
ML approach
$10,305,000
CAP Approach
CAP Return
Estimation
6%
$10,410,000
6.5%
$9,610,000
7%
$8,925,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,680,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$15,910,000
Change: +64% · Conversion: Difficult
AUTO REPAIR, GARAGE
$13,845,000
Change: +43% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$11,340,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$10,850,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$10,295,000
Change: +6% · Conversion: Easy
MEDICAL BUILDING
$9,985,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$9.74M
Range $8.76M – $10.71M · ±10% · vs last sale $9.07M (Oct 26 2021)
Last sale anchor
$9.07M
Oct 26 2021
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
$260 / 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
$112,463
Tax year 2023
Assessed value
$9,436,428
Assessed 2024
Previous assessed
$9,251,400
+2.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$4,993,920
Assessed improvement
$4,442,508
Applied tax rate
25.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
37,444 SF
Lot
2.78 ac (121,097 SF)
APN
439-35-33
UPID
US09-8301437
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
OFFICE BUILDING Current
Est. value
$9.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.9M
AUTO REPAIR, GARAGE
Est. value
$13.8M
INDUSTRIAL (GENERAL)
Est. value
$11.3M
RETAIL STORES
Est. value
$10.9M
COMMERCIAL (GENERAL)
Est. value
$10.3M
MEDICAL BUILDING
Est. value
$10.0M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL 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
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
2.78 ac
Current owner
From public records · entity-resolved
Bji Investments LLC
Entity
Mailing address
1322 WEBSTER ST STE #200, OAKLAND, CA 94612-3217
Ownership since
2021
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
Dec 23, 2021
—
Balco Properties Ltd LLC
—
Deed
related
$7,608,000 · City National Bank
Oct 26, 2021
$9,070,000
Bji Investments LLC
Cabot Partners LLC
Grant Deed
—
Jul 29, 2011
—
Cabot Partners LLC
—
Deed Of Trust
related
$6,330,000 · First Republic Bank
Jul 28, 2009
—
Bji Investments LLC
Asset Investments INC
Grant Deed
related
—
Aug 16, 2006
$233,500
Bji Investments LLC
Asset Investments INC
Grant Deed
—
May 19, 2006
—
Asset Investments INC
Bm Tonkin INC
Grant Deed
$6,800,000 · Bank Of America
Nov 16, 2001
—
Lowenberg Trust
Lowenberg,william J & Fern E
Quit Claim Deed
related
—
Jan 29, 1988
$3,131,000
Bm Tonkin
Slw H
Grant Deed
$2,100,000 · Wells Fargo Bank
Mar 31, 1982
—
—
—
Grant Deed
related
—
—
—
Cabot Partners LLC
—
Deed Of Trust
related
$7,900,000 · First Republic Bk
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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