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Property profile & analytics
OFF-MARKET
Estimated value
$2,700,000
Auto shops
3670 Thornton Ave Fremont, CA 94536-7435
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-8395101
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1982
Construction
TILT-UP CONCRETE
Total area
11,904 SF
Lot
0.85 ac (36,929 SF)
APN
501-1426-25
UPID
US09-8395101
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
-
Gagan Smog Check , Star & Test Only Station Sustainability Organization
-
Gagan Smog Station Sustainability Organization
-
Speedee Muffler Auto Repair Shop
-
West Coast Tires & Auto Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.96M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.70M
Owner & transaction history
Thornton LLC · 6 yrs held
Thornton LLC
since 2020
Last sale
$2.4M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.2M
+10.0%
Retail stores
$4.1M
+8.0%
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 Fremont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fremont 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
$3,045,000
ML approach
$2,960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,835,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,215,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$4,140,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$2.70M
Range $2.43M – $2.97M · ±10% · vs last sale $2.40M (Jun 1 2020)
Last sale anchor
$2.40M
Jun 1 2020
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
$227 / 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
$32,255
Tax year 2023
Assessed value
$2,827,800
Assessed 2024
Previous assessed
$2,772,360
+2.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$2,356,500
Assessed improvement
$471,300
Applied tax rate
12.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
11,904 SF
Lot
0.85 ac (36,929 SF)
APN
501-1426-25
UPID
US09-8395101
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
AUTO REPAIR, GARAGE Current
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.2M
RETAIL STORES
Est. value
$4.1M
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
Thornton LLC
Entity
Mailing address
35730 HILLSIDE CT, FREMONT, CA 94536-7612
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2020
—
Thornton LLC
Lee Andy & Jianmin W Trust
Quit Claim Deed
related
$1,700,000 · Miscellaneous Ins Co
Apr 21, 2015
$2,400,000
Lee,andy & Jianmin W Trust
Malik Subhash & Romila
Grant Deed
$1,220,000 · Bank Of The West
May 22, 2006
$1,500,000
Subhash Malik
Lecroy Family Trust
Grant Deed
$1,050,000 · Tamalpais Bank
May 22, 2006
—
Charles L Lecroy III
Lecroy,charles L & Lee B
Affidavit Of Death
related
—
Feb 1, 2002
—
Lecroy Trust
Lecroy Trust
Quit Claim Deed
related
—
Mar 26, 1979
$90,000
Lecroy,charles L JR & Lee B Trust
Lecroy,charles L
Grant 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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