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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Investment properties
40985 Fremont Blvd Fremont, CA 94538-4307
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-7834454
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1896
Construction
WOOD
Total area
5,505 SF
Lot
0.08 ac (3,531 SF)
APN
525-670-2-1
UPID
US09-7834454
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
-
Endeavor Associates Medical Supply Store Blood Testing Service
-
Inkies Tattoo Studio Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Druidia LLC · 4 yrs held
Druidia LLC
since 2022
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.8M
+1.1%
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
$1,660,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
$1,265,000
6.5%
$1,170,000
7%
$1,085,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,740,000
Current use
RESTAURANT
$2,770,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$2,510,000
Change: -8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,340,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.70M (Mar 4 2022)
Last sale anchor
$1.70M
Mar 4 2022
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
$309 / 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
$20,525
Tax year 2023
Assessed value
$1,768,680
Assessed 2024
Previous assessed
$1,734,000
+2.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$488,988
Assessed improvement
$1,279,692
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
1896
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
10
Total area
5,505 SF
Lot
0.08 ac (3,531 SF)
APN
525-670-2-1
UPID
US09-7834454
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
COMMERCIAL (GENERAL) Current
Est. value
$2.7M
RESTAURANT
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1896
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
10
Lot
0.08 ac
Current owner
From public records · entity-resolved
Druidia LLC
Entity
Mailing address
31001 PALOMARES RD, CASTRO VALLEY, CA 94552-9642
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2022
$1,700,000
Druidia LLC
Ml Investment Irvington LLC
Grant Deed
$850,000 · Zb NA
Mar 4, 2022
—
Druidia LLC
—
Deed
related
$701,000 · Bay Area Employment Development Company
Feb 10, 2014
$1,335,000
Ml Investment Irvington LLC
Mirza,tariq
Grant Deed
—
Mar 7, 2011
$545,000
Tariq Mirza
Sa Challenger INC
Quit Claim Deed
related
$445,000 · Gerald V Posey
Jun 14, 2010
$493,500
Sa Challenger INC
Statewide Foreclosure Svcs
Trustees Deed
related
—
Jan 26, 1995
$390,000
Vasile Ciubancan
Ng,yui C & Shuet Y
Grant Deed
$229,000 · Davis Trust
Apr 21, 1989
$270,000
Yui Ng
Lee,p.&p./cheng,
Grant Deed
related
$116,000 · American California Bank
—
—
Ng Y.
—
Deed Of Trust
related
$70,000 · American California Bank
—
—
Vasile Ciubancan
—
Deed Of Trust
related
$999,000 · Greenpoint Mortgage Funding
—
—
Vasile Ciubancan
—
Deed Of Trust
related
$100,000 · Wells Fargo Bank
—
—
Vasile Ciubancan
—
Deed Of Trust
related
$770,000 · Us Bank NA
—
—
G.&l. Smith
—
Deed Of Trust
related
$20,000 · Individual
—
—
Smith G.
—
Deed Of Trust
related
$50,000 · Individual
—
—
Vasile Ciubancan
—
Deed Of Trust
related
$286,000 · Blackburne & Brown Mtg Fund I
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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