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Property profile & analytics
FOR SALE
Industrial properties
29300 Kohoutek Way Union City, CA 94587
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8415546
For Sale
1 / 10
$950,000
29300 Kohoutek Way, Union City, CA 94587
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2005
Construction
TILT-UP CONCRETE
Total area
2,863 SF
Lot
0.54 ac (23,491 SF)
APN
463-103-6
UPID
US09-8415546
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
$770k
CAP Approach
CAP
$525k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$845k
Owner & transaction history
Wan Huang Xiong · 4 yrs held
Wan Huang Xiong
since 2021
Last sale
$880,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+58.0%
Medical building
$1.1M
+47.0%
Office building
$970,000
+26.1%
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 Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City 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
$845,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
$570,000
6.5%
$525,000
7%
$490,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$770,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,215,000
Change: +58% · Conversion: Difficult
MEDICAL BUILDING
$1,130,000
Change: +47% · Conversion: Difficult
OFFICE BUILDING
$970,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$920,000
Change: +20% · Conversion: Easy
RETAIL STORES
$810,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$800,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $880k (Oct 13 2021)
Last sale anchor
$880k
Oct 13 2021
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
$295 / 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
$12,175
Tax year 2024
Assessed value
$915,552
Assessed 2024
Previous assessed
$915,552
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$312,120
Assessed improvement
$603,432
Applied tax rate
15.0000
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
For Sale
Year built
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
1
Bathrooms
0
Total area
2,863 SF
Lot
0.54 ac (23,491 SF)
APN
463-103-6
UPID
US09-8415546
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
INDUSTRIAL (GENERAL) Current
Est. value
$770,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$920,000
RETAIL STORES
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$800,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
1
Bathrooms
0
Lot
0.54 ac
Current owner
From public records · entity-resolved
Wan Huang Xiong
Individual
Mailing address
3725 CARLWYN CT, CASTRO VALLEY, CA 94546-2026
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jan 29, 2026
—
Wan Huang Xiong
—
Deed
related
$385,000 · Xiong Liang Huang, A Single Man
Oct 13, 2021
$880,000
Wan Huang Xiong
Jeffrey Tam
Grant Deed
$660,000 · Metropolitan Bank
Oct 13, 2021
—
Wan Huang Xiong
Jian St. Chen
Intrafamily Transfer
related
—
Sep 17, 2019
$750,000
Jeffrey Tam
Vincent Rong Huan Zeng
Grant Deed
$375,000 · Gbc International Bank
Aug 25, 2015
$480,000
Vincent Rong Huan Zeng
Andrew W Ip
Grant Deed
$408,000 · East West Bank
Oct 8, 2009
—
Ip Andrew W & Mary J Trust
Ip,andrew & Mary J
Quit Claim Deed
related
—
Oct 2, 2007
—
Truong Jacy H Living Trust
Tran Family Trust
Grant Deed
related
—
Nov 7, 2005
$555,000
Andrew Ip
Kohoutek Condominiums LLC
Grant Deed
$468,000 · Pan Pacific Bk
Aug 25, 2005
$775,000
Truong Jacy H Trust
Kohoutek Condominiums LLC
Grant Deed
$620,000 · Us Bank NA
Jun 2, 2005
$558,500
Yu Kong
Kohoutek Condominiums LLC
Grant Deed
$418,355 · Us Bank NA
—
—
Ip Andrew W & Mary J Trust
—
Deed Of Trust
related
$340,000 · Bank Of The West
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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