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Property profile & analytics
FOR LEASE
Warehouses
31088 San Clemente St, Hayward, CA 94544
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6582219
For Lease
1 / 3
$0.75 SF/Yr
31088 San Clemente St, Hayward, CA 94544
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
TILT-UP CONCRETE
Total area
27,116 SF
Lot
1.38 ac (60,113 SF)
APN
475-31-26
UPID
US09-6582219
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
-
Wagan Corporation Electronics Wholesaler Electronics Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.80M
CAP Approach
CAP
$5.35M
Comparable Approach
Comparable
$6.59M
Blend (final)
Blend
$7.80M
Owner & transaction history
Seg San Clemente LLC · 2 yrs held
Seg San Clemente LLC
since 2024
Last sale
$7.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$11.5M
+107.3%
Auto repair, garage
$10.0M
+80.4%
Retail stores
$7.9M
+41.4%
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
$7,800,000
ML approach
$7,800,000
CAP Approach
CAP Return
Estimation
6%
$5,795,000
6.5%
$5,350,000
7%
$4,965,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,555,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$11,520,000
Change: +107% · Conversion: Moderate
AUTO REPAIR, GARAGE
$10,025,000
Change: +80% · Conversion: Easy
RETAIL STORES
$7,860,000
Change: +41% · Conversion: Moderate
COMMERCIAL (GENERAL)
$7,455,000
Change: +34% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,315,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$7,230,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$7.80M
Range $7.02M – $8.58M · ±10% · vs last sale $7.80M (May 9 2024)
Last sale anchor
$7.80M
May 9 2024
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
$288 / 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
$46,582
Tax year 2024
Assessed value
$3,716,888
Assessed 2024
Previous assessed
$3,716,888
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,545,216
Assessed improvement
$2,171,672
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Bathrooms
2
Total area
27,116 SF
Lot
1.38 ac (60,113 SF)
APN
475-31-26
UPID
US09-6582219
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
WAREHOUSE, STORAGE Current
Est. value
$5.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.5M
AUTO REPAIR, GARAGE
Est. value
$10.0M
RETAIL STORES
Est. value
$7.9M
COMMERCIAL (GENERAL)
Est. value
$7.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.3M
MEDICAL BUILDING
Est. value
$7.2M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
MEDICAL 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
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Bathrooms
2
Lot
1.38 ac
Current owner
From public records · entity-resolved
Seg San Clemente LLC
Entity
Mailing address
31285 SAN CLEMENTE ST, HAYWARD, CA 94544-7814
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2024
$7,800,000
Seg San Clemente LLC
Whk Investment LLC
Grant Deed
$5,850,000 · Bank Of America NA
Sep 28, 2021
—
Whk Investment LLC
—
Deed
related
$3,500,000 · Cathay Bank
Sep 28, 2020
—
Whk Investment LLC
—
Deed
related
$3,100,000 · Cathay Bk
Aug 8, 2018
—
Whk Investment LLC
—
Deed
related
$3,100,000 · Cathay Bk
Oct 19, 2017
—
Whk Investment LLC
—
Deed
related
$2,000,000 · Cathay Bk
Mar 7, 2008
$3,025,000
Whk Investment LLC
Stephens & Stephens LLC
Grant Deed
$1,473,000 · Cathay Bank
Apr 4, 2005
—
Stephens & Stephens LLC
Helitek Co Ltd
Grant Deed
—
Apr 2, 1997
—
Helttek Co Ltd
Helitek Co
Grant Deed
$500,000 · Us Bank Of California
Nov 22, 1996
$1,100,000
Helitek Co Ltd
Shortino,leo M & Peggy M
Grant Deed
$880,000 · Commercial Bank Fremont
—
—
Stephens & Stephens LLC
—
Deed Of Trust
related
$1,590,000 · City National Bank
—
—
Helitek Company Ltd
—
Deed Of Trust
related
$795,000 · Us Bank Of California
—
—
Whk Investment LLC
—
Deed Of Trust
related
$1,205,000 · Southland Economic Dev Corp
—
—
Helitek Co Ltd
—
Deed Of Trust
related
$1,380,000 · Us Bank
—
—
Whk Investment LLC
—
Deed Of Trust
related
$300,000 · Cathay Bk
—
—
Whk Investment LLC
—
Deed Of Trust
related
$2,000,000 · Cathay Bk
—
—
Whk Investment LLC
—
Deed Of Trust
related
$3,100,000 · Cathay Bk
—
—
Whk Investment LLC
—
Loan Modification
related
$3,100,000 · Cathay 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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