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Property profile & analytics
OFF-MARKET
Estimated value
$19,840,000
Truck terminals
2348 Industrial W Pkwy Hayward, CA 94545-5006
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8268448
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1971
Construction
TYPE NOT SPECIFIED
Total area
22,710 SF
Lot
6.66 ac (289,902 SF)
APN
463-105-1
UPID
US09-8268448
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
-
Desert View Auto Auctions Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.84M
Owner & transaction history
Ipw Hayward Owner LLC · 2 yrs held
Ipw Hayward Owner LLC
since 2023
Last sale
$20.1M
6 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
$19,260,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$19.84M
Range $17.86M – $21.82M · ±10% · vs last sale $20.13M (Sep 29 2023)
Last sale anchor
$20.13M
Sep 29 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
$874 / 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
$243,258
Tax year 2024
Assessed value
$20,130,000
Assessed 2024
Previous assessed
$20,130,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$11,000,000
Assessed improvement
$9,130,000
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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
Off-Market
Year built
1971
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
2
Stories
1
Units
41
Bathrooms
4
Total area
22,710 SF
Lot
6.66 ac (289,902 SF)
APN
463-105-1
UPID
US09-8268448
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
1971
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
2
Units
41
Bathrooms
4
Lot
6.66 ac
Current owner
From public records · entity-resolved
Ipw Hayward Owner LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2323 BROADWAY, OAKLAND, CA 94612-2414
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2024
—
Crp Layline 2348 Ipw Hayward Owner
—
Deed
related
$13,800,000 · Rga Reinsurance Company
Sep 29, 2023
$20,130,000
Ipw Hayward Owner LLC
Bt Property LLC
Grant Deed
—
May 17, 2021
$4,015,500
Bt Property LLC
Ups Ground Freight INC
Grant Deed
—
Oct 21, 1986
—
Overnite Transportation Co
Owner Name Unavailable
Grant Deed
related
—
Jan 12, 1984
—
Overnite Transportation Company
—
Grant Deed
related
—
Apr 1, 1971
—
—
—
Grant Deed
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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