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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Flex space
383 Preda St San Leandro, CA 94577-1444
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7995140
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1983
Construction
WOOD
Total area
4,584 SF
Lot
0.2 ac (8,830 SF)
APN
75-229-3
UPID
US09-7995140
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
-
Unpossible Cuts (Bike/Boat/Book/etc) Store Clothing & Fashion Store
-
JC Green Plumbing, Inc. Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$845k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Arlington Inv Co · 7 yrs held
Arlington Inv Co
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+40.5%
Retail stores
$1.2M
+30.4%
Warehouse, storage
$970,000
+2.4%
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 San Leandro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Leandro 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%
$915,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$945,000
Current use
COMMERCIAL (GENERAL)
$1,330,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$1,235,000
Change: +30% · Conversion: Moderate
WAREHOUSE, STORAGE
$970,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$175 / 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
$15,546
Tax year 2024
Assessed value
$1,230,333
Assessed 2024
Previous assessed
$1,230,333
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$492,133
Assessed improvement
$738,200
Applied tax rate
10.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
4,584 SF
Lot
0.2 ac (8,830 SF)
APN
75-229-3
UPID
US09-7995140
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
INDUSTRIAL (GENERAL) Current
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$970,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1983
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Arlington Inv Co
Entity
Mailing address
1521 5TH ST, BERKELEY, CA 94710-1712
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2019
$1,125,000
Arlington Inv Co
Smit,johannes P III
Grant Deed
$720,000 · California Bk/commerce
Oct 6, 2017
—
Johannes P Smit III
Smit,areca
Quit Claim Deed
related
—
Oct 6, 2017
$845,000
Johannes P Smit III
Maria Paulovits
Grant Deed
$781,000 · Wells Fargo Bank NA
Jul 7, 2015
—
Maria Paulovits
Paulovits,gabor
Affidavit Of Death
related
—
Jan 10, 2005
—
Paulovits Gabor & M 1999 Trust
Paulovits,gabor & Maria
Quit Claim Deed
related
—
Mar 29, 1996
$205,000
Gabor Paulovits
Machado,policarpo & Fernanda
Grant Deed
$130,500 · Seller
Apr 1, 1978
—
—
—
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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