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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Investment properties
4000 Bay St Fremont, CA 94538-4817
Trust Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-7084552
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Construction
TILT-UP CONCRETE
Total area
7,181 SF
Lot
0.11 ac (4,810 SF)
APN
525-680-6
UPID
US09-7084552
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
-
Hops and Beans Cafe Restaurant
-
Made Up Theatre Event Planning Wedding Service
-
PrintWithMe Print Kiosk at Hopping Beans Cafe (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.53M
Comparable Approach
Comparable
$748k
Blend (final)
Blend
$1.12M
Owner & transaction history
Betchart Joe & P Living Trust · 14 yrs held
Betchart Joe & P Living Trust
since 2012
7 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 Fremont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fremont 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%
$1,650,000
6.5%
$1,525,000
7%
$1,415,000
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±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
$155 / 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
$8,272
Tax year 2023
Assessed value
$394,765
Assessed 2024
Previous assessed
$387,026
+2.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$189,001
Assessed improvement
$205,764
Applied tax rate
12.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1890
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Units
1
Total area
7,181 SF
Lot
0.11 ac (4,810 SF)
APN
525-680-6
UPID
US09-7084552
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
1890
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Betchart Joe & P Living Trust
Trust
Mailing address
4024 BAY ST, FREMONT, CA 94538-4817
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2025
—
Joe C Betchart
—
Deed
related
$275,000 · Cushman Rexrode Capital Corporation
Apr 29, 2020
—
Betchart,j & P Living Trust
—
Deed
related
$1,020,000 · Heritage Bk/commerce
Mar 28, 2012
—
Betchart Joe & P Living Trust
Betchart,joe C
Quit Claim Deed
related
$750,000 · Fremont Bank
Nov 17, 2011
—
Joe C Betchart
Simon L A Living Trust
Grant Deed
related
—
Nov 15, 2011
—
Joe C Betchart
Betchart J Living Trust
Quit Claim Deed
related
—
Apr 19, 2007
—
Joe C Betchart
Betchart,joseph
Affidavit Of Death
related
—
Apr 25, 1995
—
Betchart Trust
Betchart,joe C
Quit Claim Deed
related
—
Mar 10, 1995
—
Simon Trust
Simon,linda A
Quit Claim Deed
related
—
Sep 1, 1994
—
Betchart Trust
Betchart,joseph
Quit Claim Deed
related
—
—
—
Betchart,j & P Living Trust
—
Deed Of Trust
related
$1,020,000 · Heritage Bk/commerce
—
—
Betchart,tr
—
Deed Of Trust
related
—
—
—
J. Betchart
—
Deed Of Trust
related
$75,000 · Individual
—
—
Betchart Trust
—
Deed Of Trust
related
$148,000 · Joseph F Pickering Ins Psp
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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