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Property profile & analytics
OFF-MARKET
Estimated value
$3,130,000
Office buildings
3114 Diablo Ave Hayward, CA 94545-2702
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-8701052
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
TILT-UP CONCRETE
Total area
12,640 SF
Lot
1 ac (43,560 SF)
APN
439-75-43
UPID
US09-8701052
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
-
Norman S. Wright Hayward Training Center Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.13M
CAP Approach
CAP
$3.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.13M
Owner & transaction history
Newhall Properties LLC · 3 yrs held
Newhall Properties LLC
since 2023
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.7M
+43.1%
Industrial (general)
$3.8M
+17.2%
Retail stores
$3.7M
+12.1%
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 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
$3,000,000
ML approach
$3,125,000
CAP Approach
CAP Return
Estimation
6%
$3,515,000
6.5%
$3,245,000
7%
$3,015,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,265,000
Current use
AUTO REPAIR, GARAGE
$4,675,000
Change: +43% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,825,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$3,665,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,475,000
Change: +6% · Conversion: Easy
MEDICAL BUILDING
$3,370,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$3.13M
Range $2.82M – $3.44M · ±10% · vs last sale $3.14M (May 15 2023)
Last sale anchor
$3.14M
May 15 2023
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
$248 / 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
$39,237
Tax year 2023
Assessed value
$3,262,174
Assessed 2024
Previous assessed
$3,198,210
+2.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,664,640
Assessed improvement
$1,597,534
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
4
Bathrooms
2
Total area
12,640 SF
Lot
1 ac (43,560 SF)
APN
439-75-43
UPID
US09-8701052
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
OFFICE BUILDING Current
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$4.7M
INDUSTRIAL (GENERAL)
Est. value
$3.8M
RETAIL STORES
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.4M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
COMMERCIAL (GENERAL)
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
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
4
Bathrooms
2
Lot
1 ac
Current owner
From public records · entity-resolved
Newhall Properties LLC
Entity
Free & Clear · 3 yrs held
Ownership since
2023
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
Nov 22, 2023
—
Newhall Properties LLC
—
Deed
related
$500,000 · Jpmorgan Chase Bank NA
May 15, 2023
—
Newhall Properties LLC
Michael Giglio Ross
Intrafamily Transfer
related
—
Apr 29, 2022
$3,136,000
Michael Giglio Ross
Osmerus LLC
Grant Deed
—
Apr 29, 2022
—
Michael Giglio Ross
Kaur Giglio Japneet
Intrafamily Transfer
related
—
Sep 29, 2017
$1,900,000
Osmerus LLC
Brizzolara Family Trust
Grant Deed
$400,000 · Brizzolara Family Trust (pt)
Aug 2, 2002
—
Brizzolara,tr
Amb,institutional A
Grant Deed
related
—
Mar 27, 2000
—
Amb Institiutional Alliance
—
Deed Of Trust
related
$50,900,000 · Gateway Diablo Funding Co INC
May 26, 1999
—
Amb Institutional Alliance
Diablo Properties LLC
Grant Deed
related
—
Nov 30, 1998
—
Diablo Properties LLC
—
Deed Of Trust
related
$155,000,000 · Salomon Brothers Realty Corp
Dec 20, 1995
—
Diablo Properties LLC
Diablo Properties
Quit Claim Deed
related
—
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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