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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Retail properties & Spaces
22654 Main St Hayward, CA 94541-5112
Individually Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6659206
Property profile
Verified
Property type
Retail properties & Spaces
Use group
HISTORICAL RETAIL
Year built
1910
Construction
TILT-UP CONCRETE
Total area
43,959 SF
Lot
0.11 ac (4,900 SF)
APN
428-66-39
UPID
US09-6659206
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
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$985k
Owner & transaction history
Dilipkumar Patel · 14 yrs held
Dilipkumar Patel
since 2011
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
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±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
$22 / 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
$25,503
Tax year 2023
Assessed value
$1,784,000
Assessed 2024
Previous assessed
$1,804,105
-1.1% YoY
Effective rate
1.43%
On assessed value
Assessed land
$535,200
Assessed improvement
$1,248,800
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
Retail properties & Spaces
Use group
HISTORICAL RETAIL
Status
Off-Market
Year built
1910
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
54
Bathrooms
38
Total area
43,959 SF
Lot
0.11 ac (4,900 SF)
APN
428-66-39
UPID
US09-6659206
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
1910
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
54
Bathrooms
38
Lot
0.11 ac
Current owner
From public records · entity-resolved
Dilipkumar Patel
Individual
Free & Clear · 14 yrs held
Mailing address
100 GRN ST, SAN FRANCISCO, CA 94111-1302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2020
—
B Street Apartment Group LP
—
Deed
related
$496,000 · Boston Private Bank & Trust Company
Jun 14, 2019
—
B Street Apartment Group LP
—
Grant Deed
related
$12,000,000 · Boston Private Bk
Dec 8, 2011
$2,703,000
Dilipkumar Patel
Liberty Bk
Grant Deed
—
Dec 8, 2011
—
Dilipkumar Patel
Patel,jayaben D
Quit Claim Deed
related
$1,372,966 · Mission National Bank
Feb 9, 2011
$3,437,057
Liberty Bk
Fidelity Natl Title Co
Trustees Deed
related
—
Jan 6, 2009
—
Broocker Trust
Broocker R E & P L Trust
Quit Claim Deed
related
—
Apr 30, 2008
—
Crown Management Svcs INC
Crown Management INC
Quit Claim Deed
related
—
May 3, 2007
—
Crown Management INC
Green Shutter Plaza LLC
Grant Deed
—
Jul 15, 2002
—
Green Shutter Plaza LLC
Crown Management INC
Grant Deed
related
—
Dec 13, 2001
—
Crown Management INC
—
Deed Of Trust
related
$1,950,000 · Liberty Bank
Nov 23, 1999
—
Crown Management INC
San Francisco Foundation Ttee
Grant Deed
$1,200,000 · Liberty Bank
Aug 4, 1994
—
Eggert Trust
Thomason,michell
Grant Deed
related
—
—
—
Crown Management INC
—
Deed Of Trust
related
$400,000 · Redevelopment Agency City Hayw
—
—
Crown Management Services INC
—
Deed Of Trust
related
$675,000 · Christine M Lawson
—
—
Crown Management INC
—
Deed Of Trust
related
$250,000 · Redevelopment Agency Hayward
—
—
Crown Management INC
—
Deed Of Trust
related
$500,000 · Liberty 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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