Entity Owned 
For Lease
1 / 6
$1,920,000
39055 Hastings St, Fremont, CA 94538
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Property summary
AI-generated overview
Hastings Plaza, located at 39055 Hastings St, Fremont, CA 94538, offers exceptional medical office space in Alameda County. This Class B building boasts a total of 3,430 square feet across two stories, with on-site parking and elevator access. Currently, there are three suites available, with a total of 3,399 square feet of vacant space. Individual suites range from a minimum of 514 square feet to a maximum contiguous space of 1,937 square feet, providing flexibility for various practice sizes. The property is conveniently located near Capitol Ave., offering easy access for patients and staff. The building is categorized as both retail and office space, and specifically designated as medical office space, making it ideal for a variety of healthcare professionals. The multiple tenancy structure allows for a diverse community of medical practitioners. This prime location near City Hall ensures high visibility and accessibility. Interested parties should inquire about available suite sizes and lease terms. The property features ample on-site parking for both patients and staff.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
WOOD
Total area
26,041 SF
Lot
1.22 ac (53,150 SF)
APN
501-1130-26
UPID
US09-7827767
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Advertising Agency
-
Medical Clinic
-
Dental Office
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Medical Clinic Ophthalmologist
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.21M
Blend (final)
Blend
$1.92M
Owner & transaction history
since 2021
Last sale
$1.6M
7 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.92M
Value range
$1.73M – $2.11M
±10% around blend
Estimated value / SF
$74 / SF
Confidence
High
8 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
80
$1.73M
blend $1.92M
$2.11M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
26,041 SF
Lot area
1.22 ac
Year built
1984
Stories
2
APN
501-1130-26
Assessed value
$4,964,071
Annual tax
$64,960
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$4.39M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.9 mi away · 25,879 SF
13.7 mi away · 22,659 SF
13.9 mi away · 23,500 SF
13.9 mi away · 20,480 SF
17.8 mi away · 24,300 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.92M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 26 sales
$456
-84%
County 415 sales
$339
-78%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $74/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.61M
Move the market yield to see immediate price impact.
Value / SF
$62
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$102k
$2.03M
$1.45M
$1.13M
$113k
$2.26M
$1.61M
$1.26M
$124k
$2.49M
$1.78M
$1.38M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$4.80M
9.0 mi · Nov 2025 · $237/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$64,960
Tax year 2023
Assessed value
$4,964,071
Assessed 2024
Previous assessed
$4,866,770
+2.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,925,600
Assessed improvement
$3,038,471
Applied tax rate
12.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1984
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
18
Total area
26,041 SF
Lot
1.22 ac (53,150 SF)
APN
501-1130-26
UPID
US09-7827767
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1984
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
18
Lot
1.22 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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