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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Warehouses
2209 American Ave, Hayward, CA 94545-1817
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8041294
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Construction
TILT-UP CONCRETE
Total area
16,225 SF
Lot
0.63 ac (27,421 SF)
APN
439-4-29
UPID
US09-8041294
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
-
One Way Media & Productions Advertising Agency Marketing & Advertising
-
MedWaste Management Waste Management Facility Hazardous Waste Disposal
-
T&R Lighting (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
J and M Insurance Insurance Agency
-
ER Welding Solutions General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
American Avenue Investments LLC · 1 yrs held
American Avenue Investments LLC
since 2024
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$111 / 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
$24,937
Tax year 2024
Assessed value
$2,043,026
Assessed 2024
Previous assessed
$2,043,026
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$660,979
Assessed improvement
$1,382,047
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Bathrooms
8
Total area
16,225 SF
Lot
0.63 ac (27,421 SF)
APN
439-4-29
UPID
US09-8041294
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
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Bathrooms
8
Lot
0.63 ac
Current owner
From public records · entity-resolved
American Avenue Investments LLC
Entity
Mailing address
851 BURLWAY RD STE #728, BURLINGAME, CA 94010-1716
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
—
American Avenue Investments LLC
Caterpillar Point LLC
Grant Deed
—
Jul 17, 2018
—
Caterpillar Point LLC
—
Deed
related
$1,100,000 · California Bk&tr
Aug 30, 2013
$1,700,000
Caterpillar Point LLC
Mertens Family Trust
Grant Deed
—
Oct 4, 2006
—
Mertens Family Trust
Mertens,nanny
Affidavit Of Death
related
—
Feb 28, 2006
—
Paul Mertens JR.
Mertens,carol R
Quit Claim Deed
related
—
Feb 28, 2006
$1,800,000
Mertens Nanny
Robert Dale Shonyo
Grant Deed
$700,000 · Washington Mutual Bank
Jul 22, 1975
—
—
—
Grant Deed
related
—
—
—
Robert D Shonyo Trustee
—
Deed Of Trust
related
—
—
—
Shonyo Robert D
—
Deed Of Trust
related
$510,000 · Wells Fargo Bank
—
—
Shonyo Trust
—
Deed Of Trust
related
$485,000 · Bay Bank Of Commerce
—
—
Shonyo,tr
—
Deed Of Trust
related
$50,000 · Bay Bank Of Commerce
—
—
Caterpillar Point LLC
—
Deed Of Trust
related
$1,100,000 · California Bk&tr
—
—
Robert D Shonyo
—
Deed Of Trust
related
$250,000 · Central Bank
—
—
Shonyo Trust
—
Deed Of Trust
related
$91,250 · Shonyo Trust
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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