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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Truck terminals
2371 Polvorosa Ave San Leandro, CA 94577
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-6867891
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1988
Construction
TYPE NOT SPECIFIED
Total area
22,302 SF
Lot
4.99 ac (217,364 SF)
APN
79A-541-44
UPID
US09-6867891
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$855k
Blend (final)
Blend
$695k
Owner & transaction history
Bpp Pacific Indl Ca Reit Ow 2 · 9 yrs held
Bpp Pacific Indl Ca Reit Ow 2
since 2016
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 San Leandro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Leandro 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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
TRUCK TERMINAL (MOTOR FREIGHT)
$600,000
Current use
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$31 / 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
$97,649
Tax year 2024
Assessed value
$7,856,578
Assessed 2024
Previous assessed
$7,856,578
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$3,928,289
Assessed improvement
$3,928,289
Applied tax rate
10.0000
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
1988
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
3
Stories
1
Units
4
Bathrooms
1
Total area
22,302 SF
Lot
4.99 ac (217,364 SF)
APN
79A-541-44
UPID
US09-6867891
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
TRUCK TERMINAL (MOTOR FREIGHT) Current
Est. value
$600,000
TRUCK TERMINAL (MOTOR FREIGHT) Current
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
1988
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
3
Units
4
Bathrooms
1
Lot
4.99 ac
Current owner
From public records · entity-resolved
Bpp Pacific Indl Ca Reit Ow 2
Individual
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2021
—
Bpp Pacific Industrial Ca Reit Owne
—
Deed
related
—
Dec 18, 2017
—
Bpp Pacific Indl Ca Reit Ow 2
—
Deed
related
—
Nov 18, 2016
$6,905,500
Bpp Pacific Indl Ca Reit Ow 2
Lba Of Cpt Industrial-co V LLC
Grant Deed
—
Apr 19, 2013
—
Lba Of Cpt Industrial-co V LLC
Lba Riv-co Xiv LLC
Quit Claim Deed
—
Jan 3, 2012
—
Lba Riv Company Xiv LLC
Lba Riv Company V LLC
Grant Deed
$34,000,000 · Wells Fargo Bank NA
Jun 22, 2011
$5,550,000
Lba Riv-co V LLC
1950 Associates
Grant Deed
—
Mar 21, 1990
$4,375,000
1950 Associates
Slw Holdings INC
Grant Deed
—
—
—
1950 Associates
—
Deed Of Trust
related
$2,400,000 · Wells Fargo Bank
—
—
Bpp Pacific Indl Ca Reit Ow 2
—
Loan Modification
related
—
—
—
1950 Associated
—
Deed Of Trust
related
$1,756,398 · Wells Fargo 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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