New search
Property profile & analytics
FOR LEASE
Super regional malls
3815 E Castro Valley Blvd, Castro Valley, CA 94552
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-9178063
For Lease
1 / 3
$12,755,000
3815 E Castro Valley Blvd, Castro Valley, CA 94552
View Listing →
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1990
Construction
TILT-UP CONCRETE
Total area
56,410 SF
Lot
5.01 ac (218,236 SF)
APN
85-6301-8-6
UPID
US09-9178063
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
$13.73M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.76M
Owner & transaction history
Wri Southern Indl Pool LLC · 14 yrs held
Wri Southern Indl Pool LLC
since 2012
5 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 Castro Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Castro Valley 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%
$14,870,000
6.5%
$13,725,000
7%
$12,745,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$20,860,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$12.76M
Range $11.48M – $14.03M · ±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
$226 / 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
$285,799
Tax year 2023
Assessed value
$22,415,548
Assessed 2024
Previous assessed
$21,976,090
+2.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$7,386,519
Assessed improvement
$15,029,029
Applied tax rate
54.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Lease
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Units
13
Total area
56,410 SF
Lot
5.01 ac (218,236 SF)
APN
85-6301-8-6
UPID
US09-9178063
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
Est. value
$20.9M
AUTO REPAIR, GARAGE
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Units
13
Lot
5.01 ac
Current owner
From public records · entity-resolved
Wri Southern Indl Pool LLC
Entity
Mailing address
500 N BROADWAY STE #201, JERICHO, NY 11753-2122
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2012
—
Wri Southern Indl Pool LLC
Wri Golden State LLC
Quit Claim Deed
$57,500,000 · John Hancock Life Insurance Co
Apr 3, 2001
—
Wri Golden State LLC
Bpp/golden State Acquisitions
Grant Deed
related
—
Jan 2, 1998
—
Bpp/golden State Acquisitions
Hpba-castro Associates LLC
Grant Deed
related
—
Sep 23, 1994
—
Spv Union LP
Ms California LP
Quit Claim Deed
related
$76,300 · State Street Bank & Trust Co
Apr 22, 1994
—
California LP
Bank Of Californ
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
