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Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Warehouses
22425 Meekland Ave Hayward, CA 94541-4934
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-9220699
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1953
Construction
TILT-UP CONCRETE
Total area
7,800 SF
Lot
0.32 ac (13,867 SF)
APN
429-86-18-2
UPID
US09-9220699
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
-
Wilderness Unlimited Hunting Club Children'S Camp
-
Meekland Storage & Garages Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$2.73M
Owner & transaction history
Mst 8 Of California LLC · 2 yrs held
Mst 8 Of California LLC
since 2023
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+136.1%
Neighborhood: shopping center
$3.3M
+104.0%
Auto repair, garage
$2.9M
+77.6%
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
$2,670,000
ML approach
$2,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,835,000
Change: +136% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,315,000
Change: +104% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,885,000
Change: +78% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,205,000
Change: +36% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,120,000
Change: +31% · Conversion: Easy
RETAIL STORES
$2,110,000
Change: +30% · Conversion: Moderate
MEDICAL BUILDING
$2,080,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$2.73M
Range $2.45M – $3.00M · ±10% · vs last sale $2.95M (Aug 30 2023)
Last sale anchor
$2.95M
Aug 30 2023
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
$349 / 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
$20,527
Tax year 2024
Assessed value
$1,692,000
Assessed 2024
Previous assessed
$1,692,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$580,000
Assessed improvement
$1,112,000
Applied tax rate
59.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
1
Bathrooms
1
Total area
7,800 SF
Lot
0.32 ac (13,867 SF)
APN
429-86-18-2
UPID
US09-9220699
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
RESTAURANT
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$2.1M
RETAIL STORES
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.1M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
1
Bathrooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Mst 8 Of California LLC
Entity
Mailing address
22433 MEEKLAND AVE, HAYWARD, CA 94541-4934
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2023
$2,950,000
Mst 8 Of California LLC
Geralyn J Carder
Grant Deed
$2,419,000 · Harvest Small Business Finance LLC
Jan 12, 2022
—
Geralyn J Carder
Meekland Storage LLC
Grant Deed
—
Oct 10, 2018
—
Meekland Storage LLC
—
Deed
related
$1,379,000 · Wells Fargo Bank NA
Aug 15, 2018
—
Meekland Stroge LLC
22433 Meekland LLC
Quit Claim Deed
related
$1,400,000 · Redwood Mortgage Investors Dc LLC Redwood Mortgage Investors Dc LLC
Jan 17, 2017
—
County Of Alameda
Meekland Storage LLC
Grant Deed
related
—
Aug 29, 2016
—
Copeland Family Trust
Copeland,richard L
Quit Claim Deed
related
—
Sep 24, 2010
—
Mobilitie Investments II LLC
—
Grant Deed
related
$600,000,000 · General Elec Cap
Jan 11, 2008
—
Meekland Storage LLC
Meekland Storage LLC
Quit Claim Deed
related
$1,758,750 · California Bk&tr
Oct 1, 2003
—
22433 Meekland LLC
Copeland,richard L
Grant Deed
related
—
Sep 12, 2003
—
Richard L Copeland
Copeland,janet
Quit Claim Deed
related
—
Sep 12, 2003
$1,200,000
Richard L Copeland
Watterson,david
Grant Deed
$700,000 · Greg Wilson
Feb 20, 2003
—
D Watterson
David,w Tr
Grant Deed
$5,000 · Steve Small
Sep 14, 2000
—
Meekland Properties
Watterson,david
Grant Deed
related
—
Aug 31, 1999
—
David D Watterson
Watterson,carol A
Quit Claim Deed
related
—
Aug 31, 1999
$340,000
Watterson,david D
Lemasney,thomas E
Trustees Deed
$225,000 · Holien Trust
Jul 14, 1999
—
Holien Trust
Holien Trust
Quit Claim Deed
related
—
—
—
Meekland Storage LLC
—
Deed Of Trust
related
$1,400,000 · Redwood Mortgage Investors Dc LLC Redwood Mortgage Investors Dc LLC
—
—
Sba Monarch Towers III LLC
—
Deed Of Trust
related
—
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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