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Property profile & analytics
OFF-MARKET
Estimated value
$1,910,000
Retail space
28460 Hesperian Blvd Hayward, CA 94545-4853
Trust Owned
6-yr Hold
Free & Clear
Property ID
US09-8460902
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Construction
WOOD
Total area
9,678 SF
Lot
1.02 ac (44,473 SF)
APN
463-25-30
UPID
US09-8460902
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
-
Hayward CrossFit Gym & Fitness Center
-
Eden Art Shop Art Gallery
-
Union City Fitness & Performance/CrossFit UCF Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.86M
CAP Approach
CAP
$2.07M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.91M
Owner & transaction history
Castillo,f & R Living Trust · 6 yrs held
Castillo,f & R Living Trust
since 2020
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.9M
+4.5%
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
$2,070,000
ML approach
$1,860,000
CAP Approach
CAP Return
Estimation
6%
$2,240,000
6.5%
$2,070,000
7%
$1,920,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,805,000
Current use
INDUSTRIAL (GENERAL)
$2,930,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,660,000
Change: -5% · Conversion: Easy
MEDICAL BUILDING
$2,580,000
Change: -8% · Conversion: Difficult
OFFICE BUILDING
$2,500,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$1.91M
Range $1.72M – $2.10M · ±10% · vs last sale $1.77M (May 27 2020)
Last sale anchor
$1.77M
May 27 2020
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
$197 / 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
$26,666
Tax year 2023
Assessed value
$2,194,134
Assessed 2024
Previous assessed
$2,151,125
+2.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,228,135
Assessed improvement
$965,999
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
NONE
Buildings
4
Stories
1
Rooms
5
Bathrooms
1
Total area
9,678 SF
Lot
1.02 ac (44,473 SF)
APN
463-25-30
UPID
US09-8460902
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
RETAIL STORES Current
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.5M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
1984
Construction
WOOD
Heating
NONE
Stories
1
Buildings
4
Rooms
5
Bathrooms
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Castillo,f & R Living Trust
Trust
Free & Clear · 6 yrs held
Mailing address
2375 EDGEHILL CT, SAN LEANDRO, CA 94577-6302
Ownership since
2020
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
Aug 20, 2024
—
Ferdinan Timario Castillo
—
Deed
related
$1,150,000 · Socotra Reit I LLC
May 27, 2020
—
Castillo,f & R Living Trust
Ferdinan T Castillo
Quit Claim Deed
related
—
May 8, 2003
$1,772,000
Ferdinan T Castillo
Tietema,tr
Grant Deed
$675,000 · Wells Fargo Bank
Jan 31, 2001
—
Tietema Trust
Tietema,bernard J & Gerry
Quit Claim Deed
related
—
Nov 27, 1978
$120,000
Bernard J Tietema
—
Grant Deed
related
$75,000
—
—
Ferdinan T Castillo
—
Deed Of Trust
related
$1,130,000 · Bank Of The West
—
—
Ferdinan T Castillo
—
Deed Of Trust
related
$75,000 · Bank Of The West
—
—
Tietema Trust
—
Deed Of Trust
related
$150,000 · Bank Of America
—
—
Bernard J Tietema
—
Deed Of Trust
related
$100,000 · Bank Of America
—
—
Bernard J Tietema
—
Deed Of Trust
related
$25,000 · Bank Of America
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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