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Property profile & analytics
OFF-MARKET
Estimated value
$4,710,000
Flex space
2188 Alpine Way Hayward, CA 94545-1706
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8470470
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1972
Construction
TILT-UP CONCRETE
Total area
32,418 SF
Lot
2.71 ac (118,047 SF)
APN
439-7-44
UPID
US09-8470470
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
-
Ajinomoto Foods North America, Inc. Big Box & Wholesale Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.27M
Comparable Approach
Comparable
$4.10M
Blend (final)
Blend
$4.71M
Owner & transaction history
Hayward Disc Foods LLC · 18 yrs held
Hayward Disc Foods LLC
since 2007
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,705,000
6.5%
$5,265,000
7%
$4,890,000
Blend value · Realmo final
$4.71M
Range $4.24M – $5.18M · ±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
$145 / 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
$58,907
Tax year 2024
Assessed value
$4,782,524
Assessed 2024
Previous assessed
$4,782,524
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$2,736,320
Assessed improvement
$2,046,204
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
32,418 SF
Lot
2.71 ac (118,047 SF)
APN
439-7-44
UPID
US09-8470470
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
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
2.71 ac
Current owner
From public records · entity-resolved
Hayward Disc Foods LLC
Entity
Mailing address
3700 S EL CAMINO REAL, SAN MATEO, CA 94403-4423
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2017
—
Hayward Disc Foods LLC
—
Grant Deed
related
$3,500,000 · Jp Morgan Chase Bk
Oct 19, 2007
—
Hayward Disc Foods LLC
Dfc Real Property Holdings INC
Grant Deed
$4,000,000 · Cardinal Capital Partners INC
Oct 25, 2006
$6,000,000
Dfc Real Property Holdings LLC
Discovery Foods LLC
Grant Deed
—
Dec 30, 2002
—
Discovery Foods LLC
Shaklee Corp
Grant Deed
related
—
Apr 3, 2001
—
Shaklee Corp
Yamanouchi Consumer INC
Grant Deed
related
—
Nov 30, 1982
$1,200,000
Shaklee Corporation
Brooks,evelyn S
Grant Deed
—
—
—
Hayward Disc Foods LLC
—
Deed Of Trust
related
$4,100,000 · Standard Insurance Co
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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