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Property profile & analytics
OFF-MARKET
Estimated value
$5,560,000
Flex space
2438 Tripaldi Way Hayward, CA 94545-5017
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6713450
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1983
Construction
TILT-UP CONCRETE
Total area
33,840 SF
Lot
2.23 ac (97,140 SF)
APN
463-92-14
UPID
US09-6713450
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
-
General Metal Fabrication Production Facility Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.50M
Comparable Approach
Comparable
$7.60M
Blend (final)
Blend
$5.56M
Owner & transaction history
Tripaldi Properties Bk7 LLC
Tripaldi Properties Bk7 LLC
since 2025
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
by Request
CAP Approach
CAP Return
Estimation
6%
$5,955,000
6.5%
$5,495,000
7%
$5,105,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,025,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$8,745,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$5.56M
Range $5.00M – $6.12M · ±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
$164 / 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
$51,612
Tax year 2024
Assessed value
$4,182,787
Assessed 2024
Previous assessed
$4,182,787
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,631,287
Assessed improvement
$2,551,500
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
6
Bathrooms
3
Total area
33,840 SF
Lot
2.23 ac (97,140 SF)
APN
463-92-14
UPID
US09-6713450
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
MEDICAL BUILDING
Est. value
$9.0M
OFFICE BUILDING
Est. value
$8.7M
MEDICAL BUILDING
OFFICE 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
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
6
Bathrooms
3
Lot
2.23 ac
Current owner
From public records · entity-resolved
Tripaldi Properties Bk7 LLC
Entity
Mailing address
345 PARK AVE, NEW YORK, NY 10154-0004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2025
$19,971,000
Tripaldi Properties Bk7 LLC
Bre Jupiter B West Ca Owner LP
Grant Deed
—
Mar 12, 2024
—
Bre Jupiter B West Ca Owner LP
Icon Owner Pool 1 Sf Business Parks
Grant Deed
—
Jul 26, 2018
—
Tmf Holdings LLC
—
Deed
related
$460,886 · Us Bk
Mar 17, 2015
$32,240,727
Icon Owner Pool 1 Sf Business
Cwca Hesperian 16 LLC
Grant Deed
—
Jun 8, 2007
—
Walton Cwca Hesperian 16 LLC
Calwest Indl Properties LLC
Grant Deed
—
Apr 27, 2005
—
Calwest Industrial Props LLC
Calwest Indl Holdings LLC
Quit Claim Deed
—
Nov 21, 2000
—
Calwest Industrial Properties
Pacific Gulf Properties INC
Grant Deed
related
—
Dec 24, 1998
—
Pacific Gulf Properties INC
Rreef Performance Partnership
Grant Deed
related
—
Dec 22, 1994
—
Rreef Performance Ptshp-i LP
Hesperian Boulevard Properties
Grant Deed
related
—
Jan 27, 1992
—
Hesperian Boulev
Bedford Peter B
Quit Claim Deed
related
—
—
—
Tmf Holdings LLC
—
Loan Modification
related
$460,886 · Us Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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