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Property profile & analytics
OFF-MARKET
Warehouses
33300 Alvarado Niles Rd, Union City, CA 94587
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8211477
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
TILT-UP CONCRETE
Total area
169,760 SF
Lot
10 ac (435,600 SF)
APN
475-100-36
UPID
US09-8211477
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Alvarado Union City LLC · 1 yrs held
Alvarado Union City LLC
since 2024
Last sale
$13.0M
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$400,126
Tax year 2024
Assessed value
$28,064,865
Assessed 2024
Previous assessed
$28,064,865
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$7,658,625
Assessed improvement
$20,406,240
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Bathrooms
15
Total area
169,760 SF
Lot
10 ac (435,600 SF)
APN
475-100-36
UPID
US09-8211477
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Bathrooms
15
Lot
10 ac
Current owner
From public records · entity-resolved
Alvarado Union City LLC
Entity
Mailing address
101 MONTGOMERY ST STE #200, SAN FRANCISCO, CA 94104-4124
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2024
$13,000,000
Alvarado Union City LLC
Terreno Park Union City LLC
Grant Deed
$6,500,000 · Jpmorgan Chase Bank NA
Oct 24, 2024
—
Terreno Park Union City LLC
Terreno Park Union City LLC
Grant Deed
related
—
Dec 11, 2014
$23,800,000
Terreno Park Union City LLC
Westcore Central Avenue LLC
Grant Deed
—
Apr 6, 2012
$13,000,000
Westcore Central Avenue LLC
Central Plaza-union City LP
Grant Deed
—
Mar 13, 2001
$12,900,000
Central Plaza-union City
Uc Central LLC
Grant Deed
related
—
Nov 21, 1997
$2,150,000
Us Central LLC
Mara Gateway Associates LP
Trustees Deed
—
Nov 21, 1997
—
Belgravia Capital Corp
John Hancock Mutual Life Ins
Trustees Deed
related
$7,100,000 · Mara Gateway Associates LP
—
—
Central Plaza-union City
—
Deed Of Trust
related
$6,900,000 · Provident Life & Accident Ins
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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