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Property profile & analytics
OFF-MARKET
Estimated value
$12,510,000
Hotels
32083 Alvarado Niles Rd Union City, CA 94587-2942
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US09-8646293
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1986
Construction
TILT-UP CONCRETE
Total area
166,844 SF
Lot
4.2 ac (182,952 SF)
APN
475-158-15
UPID
US09-8646293
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
by Request
CAP Approach
CAP
$14.93M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.51M
Owner & transaction history
Fremont Hotel INC · 17 yrs held
Fremont Hotel INC
since 2009
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$16,165,000
6.5%
$14,925,000
7%
$13,860,000
Blend value · Realmo final
$12.51M
Range $11.26M – $13.76M · ±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
$75 / 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
$137,340
Tax year 2023
Assessed value
$4,471,401
Assessed 2024
Previous assessed
$4,480,873
-0.2% YoY
Effective rate
3.07%
On assessed value
Assessed land
$3,034,881
Assessed improvement
$1,436,520
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
5
Stories
6
Units
271
Rooms
271
Bathrooms
271
Total area
166,844 SF
Lot
4.2 ac (182,952 SF)
APN
475-158-15
UPID
US09-8646293
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
Building & site characteristics
From public records
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
6
Buildings
5
Units
271
Rooms
271
Bathrooms
271
Lot
4.2 ac
Current owner
From public records · entity-resolved
Fremont Hotel INC
Entity
Mailing address
32083 ALVARADO NILES RD, UNION CITY, CA 94587-2942
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2017
—
Fremont Hotel INC
—
Grant Deed
related
$10,000,000 · First Com'l Bk
Aug 11, 2010
—
Fremont Hotel INC
—
Deed Of Trust
related
$7,000,000 · First Commercial Bank
Feb 4, 2009
—
Fremont Hotel INC
South Hill Investment INC
Grant Deed
related
—
Aug 8, 1997
—
Union City Hotel Fund LP
Union City Hotel LLC
Quit Claim Deed
related
$12,250,000 · Nationsbank
Jun 27, 1996
—
Union City Hotel LLC
Hospitality Investors V LP
Grant Deed
$5,000,000 · Imperial Thrift & Loan
Jul 8, 1994
$5,074,686
Hospitality Investors V LP
Union City Ventu
Trustees Deed
—
Jul 8, 1994
—
Hospitality Investors V LP
—
Deed Of Trust
related
$3,735,775 · Nomura Asset Capital Corp
—
—
Fremont Hotel INC
—
Loan Modification
related
$7,000,000 · First Commercial Bank
—
—
Union City Ventu
—
Deed Of Trust
related
$693,000 · Great American Fed'l Savings
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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