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Property profile & analytics
FOR SALE
Warehouses
34343 Zwissig Way, Union City, CA 94587
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8142125
For Sale
1 / 2
$10,585,000
34343 Zwissig Way, Union City, CA 94587
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Construction
TILT-UP CONCRETE
Total area
51,828 SF
Lot
2.31 ac (100,624 SF)
APN
87-23-42
UPID
US09-8142125
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
-
Trans Freight Enterprises Freight Service Logistics Company
-
Maris Medical Group Medical Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.88M
CAP Approach
CAP
$12.17M
Comparable Approach
Comparable
$13.90M
Blend (final)
Blend
$10.59M
Owner & transaction history
Lift II Zwissig Way LLC · 4 yrs held
Lift II Zwissig Way LLC
since 2021
Last sale
$11.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$17.6M
+65.5%
Auto repair, garage
$16.7M
+57.1%
Retail stores
$14.7M
+38.4%
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 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
$9,870,000
ML approach
$8,880,000
CAP Approach
CAP Return
Estimation
6%
$13,180,000
6.5%
$12,165,000
7%
$11,300,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$10,625,000
Current use
OFFICE BUILDING
$17,575,000
Change: +65% · Conversion: Difficult
AUTO REPAIR, GARAGE
$16,690,000
Change: +57% · Conversion: Easy
RETAIL STORES
$14,705,000
Change: +38% · Conversion: Moderate
COMMERCIAL (GENERAL)
$14,515,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$10.59M
Range $9.53M – $11.64M · ±10% · vs last sale $11.00M (Nov 10 2021)
Last sale anchor
$11.00M
Nov 10 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
$204 / 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
$145,616
Tax year 2024
Assessed value
$11,444,400
Assessed 2024
Previous assessed
$11,444,400
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$6,242,400
Assessed improvement
$5,202,000
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
For Sale
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
51,828 SF
Lot
2.31 ac (100,624 SF)
APN
87-23-42
UPID
US09-8142125
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
$10.6M
OFFICE BUILDING
Est. value
$17.6M
AUTO REPAIR, GARAGE
Est. value
$16.7M
RETAIL STORES
Est. value
$14.7M
COMMERCIAL (GENERAL)
Est. value
$14.5M
WAREHOUSE, STORAGE Current
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
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
2.31 ac
Current owner
From public records · entity-resolved
Lift II Zwissig Way LLC
Entity
Mailing address
180 SUTTER ST #400, SAN FRANCISCO, CA 94104-4007
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2025
—
Lift II Zwissig Way LLC
—
Deed
related
$145,000,000 · Pccp Credit Xi Reit-sub Holdco LLC
Jan 25, 2022
—
Lift II Zwissig Way LLC
—
Deed
related
$414,400 · Pccp Credit X Reit Sub Holdco LLC
Nov 10, 2021
$11,000,000
Lift II Zwissig Way LLC
Rkms 2wissig LLC
Grant Deed
—
Aug 14, 2018
—
Rkms Zwissing LLC
—
Deed
related
$9,467,100 · Bank Of The West
Aug 10, 2018
$15,890,000
Rkms Zwissig LLC
Famiy Appelblom Trust
Grant Deed
$4,400,000 · Bank Of The West
Aug 10, 2018
—
Rkms Zwiisig LLC
—
Deed
related
$9,467,100 · Bank Of The West
Oct 10, 2008
—
Susan L Grau
Grau Susan L
Quit Claim Deed
related
—
Apr 27, 2001
—
Appelblom Trust
Jatco INC
Grant Deed
related
—
Feb 28, 1994
$1,500,000
Jatco INC
Jew,merrill & La
Grant Deed
$675,000 · Bank Of America
—
—
Appelblom Family Trust
—
Deed Of Trust
related
$850,000 · Union Bank Of California
—
—
Rkms Zwissing LLC
—
Deed Of Trust
related
$9,467,100 · Bank Of The West
—
—
Rkms Zwiisig LLC
—
Deed Of Trust
related
$9,467,100 · Bank Of The West
—
—
J. Leong
—
Deed Of Trust
related
$60,000 · Individual
—
—
J&l Associates L
—
Deed Of Trust
related
$500,000 · Individual
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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