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Property profile & analytics
OFF-MARKET
Estimated value
$5,290,000
Office buildings
39675 Cedar Blvd Newark, CA 94560-5489
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-8593462
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
WOOD
Total area
21,725 SF
Lot
1.4 ac (60,984 SF)
APN
901-190-1
UPID
US09-8593462
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
-
Zenith Infotech Ltd (Bike/Boat/Book/etc) Store Corporate Office
-
Rajabally Family Dentistry Dental Office
-
Cedar Comfort Dental Dental Office
-
Farmers Insurance - Eddie Huang Insurance Agency
-
Malwa Associates Inc Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.21M
Comparable Approach
Comparable
$3.49M
Blend (final)
Blend
$5.29M
Owner & transaction history
Cedar Office Park LLC · 3 yrs held
Cedar Office Park LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.6M
+16.6%
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 Newark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newark 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%
$7,805,000
6.5%
$7,205,000
7%
$6,690,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,365,000
Current use
MEDICAL BUILDING
$8,590,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,995,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$6,165,000
Change: -16% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,085,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$5.29M
Range $4.76M – $5.82M · ±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
$243 / 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
$56,628
Tax year 2023
Assessed value
$7,030,350
Assessed 2024
Previous assessed
$4,557,156
+54.3% YoY
Effective rate
0.81%
On assessed value
Assessed land
$3,532,449
Assessed improvement
$3,497,901
Applied tax rate
11.0000
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
1985
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
21,725 SF
Lot
1.4 ac (60,984 SF)
APN
901-190-1
UPID
US09-8593462
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
OFFICE BUILDING Current
Est. value
$7.4M
MEDICAL BUILDING
Est. value
$8.6M
AUTO REPAIR, GARAGE
Est. value
$7.0M
RETAIL STORES
Est. value
$6.2M
COMMERCIAL (GENERAL)
Est. value
$6.1M
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1985
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
1.4 ac
Current owner
From public records · entity-resolved
Cedar Office Park LLC
Entity
Mailing address
701 SAINT GEORGE RD, DANVILLE, CA 94526-6233
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2022
—
Cedar Office Park LLC
Marvin A Remmich
Grant Deed
$3,000,000 · Westamerica Bank
Sep 29, 2017
$4,167,000
Cedar Office Park LLC
Inamdar,sayed I
Grant Deed
$2,700,000 · Heritage Bk/commerce
Jan 8, 2016
—
Sayed I Inamdar
Inamdar Family Trust
Quit Claim Deed
related
—
Mar 31, 2011
—
Syeda R Inamdar
Inamdar,razia K
Affidavit Of Death
related
—
Apr 27, 1993
$1,101,000
Inamdar,sayed&razia Trustee
Resolution Trust
Grant Deed
$771,000 · Resolution Trust Corp (rtc)
—
—
Inamdar Family Trust
—
Deed Of Trust
related
$800,000 · Tri Counties Bank
—
—
Inamdar Family Trust
—
Deed Of Trust
related
$250,000 · Tri Counties Bank
—
—
Inamdar Trust
—
Deed Of Trust
related
$1,000,000 · Wells Fargo Bank
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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