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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Office buildings
3939 Smith St Union City, CA 94587-2615
Individually Owned
49-yr Hold
Free & Clear
Property ID
US09-9524362
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1931
Construction
WOOD
Total area
4,151 SF
Lot
0.37 ac (16,200 SF)
APN
483-10-32-1
UPID
US09-9524362
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
-
Union City Chamber of Commerce Business Service Center Advocacy Group
-
Corinthian Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$880k
Blend (final)
Blend
$685k
Owner & transaction history
Filipino Community Of Alvarado & Vic · 49 yrs held
Filipino Community Of Alvarado & Vic
since 1976
6 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$165 / 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
$2,338
Tax year 2023
Assessed value
$96,936
Assessed 2024
Previous assessed
$95,035
+2.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$23,101
Assessed improvement
$73,835
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1931
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
6
Rooms
12
Bathrooms
2
Total area
4,151 SF
Lot
0.37 ac (16,200 SF)
APN
483-10-32-1
UPID
US09-9524362
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
Building & site characteristics
From public records
Year built
1931
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
6
Rooms
12
Bathrooms
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Filipino Community Of Alvarado & Vic
Individual
Free & Clear · 49 yrs held
Mailing address
3939 SMITH ST, UNION CITY, CA 94587-2615
Ownership since
1976
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
Dec 9, 1976
—
Filipino Community Of Alvarado & Vic
—
Grant Deed
related
—
—
—
Filipino Community Of Alvarado &
—
Deed Of Trust
related
$17,000 · City Of Union City
—
—
Filipino Communi
—
Deed Of Trust
related
$22,000 · City Of Union Ci
—
—
Filipino Cmnty Of Alvarado & Vici
—
Deed Of Trust
related
$397,715 · Union City
—
—
Filipino Communi
—
Deed Of Trust
related
$183,000 · Alameda County (ca)
—
—
Filipino Communi
—
Deed Of Trust
related
$65,000 · Alameda County (ca)
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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