Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Flex space
42021 Osgood Rd Fremont, CA 94539-5028
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7982366
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1998
Construction
TILT-UP CONCRETE
Total area
31,965 SF
Lot
2.01 ac (87,604 SF)
APN
525-339-3-2
UPID
US09-7982366
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$875k
Owner & transaction history
Lillian Yuenli Cheng · 2 yrs held
Lillian Yuenli Cheng
since 2023
Last sale
$799,000
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
$645,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $799k (Dec 27 2023)
Last sale anchor
$799k
Dec 27 2023
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
$27 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$118,344
Tax year 2024
Assessed value
$10,299,960
Assessed 2024
Previous assessed
$10,299,960
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$10,195,920
Assessed improvement
$104,040
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
3
Rooms
6
Bathrooms
6
Total area
31,965 SF
Lot
2.01 ac (87,604 SF)
APN
525-339-3-2
UPID
US09-7982366
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
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
3
Rooms
6
Bathrooms
6
Lot
2.01 ac
Current owner
From public records · entity-resolved
Lillian Yuenli Cheng
Individual
Free & Clear · 2 yrs held
Mailing address
31333 SAN ANDREAS DR, UNION CITY, CA 94587-2858
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
35 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2023
$799,000
Lillian Yuenli Cheng
Osgood LLC
Grant Deed
—
Dec 27, 2023
$697,000
Venugopal Vasudevan
Osgood LLC
Grant Deed
—
Dec 22, 2023
$691,000
Sachin S Karkera
Osgood LLC
Grant Deed
—
Oct 25, 2023
$761,000
Tammy Yu Seng Yeao
Osgood LLC
Grant Deed
—
Oct 6, 2023
$539,000
Ouyangzheng Huang
Osgood LLC
Grant Deed
—
Oct 3, 2023
$589,000
Manjesh Mohan
Osgood LLC
Grant Deed
—
Sep 29, 2023
$759,000
Zhengang Zhao
Osgood LLC
Grant Deed
—
Sep 28, 2023
$885,000
Sumit Balani
Osgood LLC
Grant Deed
$663,750 · Us Bank NA
Sep 28, 2023
$563,000
Xianglian Cai
Osgood LLC
Grant Deed
—
Sep 25, 2023
$574,000
Jaskaran Singh
Osgood LLC
Grant Deed
—
Sep 22, 2023
$875,000
Akshatha Divr Rao
Osgood LLC
Grant Deed
—
Sep 18, 2023
$671,000
Vinay Vilas Jadhav
Osgood LLC
Grant Deed
—
Sep 15, 2023
$794,000
Yongxin Wang
Osgood LLC
Grant Deed
—
Sep 15, 2023
$809,000
Zhen Xu
Osgood LLC
Grant Deed
—
Sep 15, 2023
$865,000
Wilma Samhita Samuel Lam
Osgood LLC
Grant Deed
—
Aug 23, 2023
$775,000
Alfredo Sanchez Vitangcol
Osgood LLC
Grant Deed
$374,800 · Us Bank NA
Aug 15, 2023
$549,000
Jiaqi Wu
Osgood LLC
Grant Deed
—
Jul 19, 2023
$679,000
Milind Nandankar
Osgood LLC
Grant Deed
—
Jul 14, 2023
$845,000
Gopinath Rajamanickam
Osgood LLC
Grant Deed
—
Jul 6, 2023
$798,000
Gregory Del Rosario
Osgood LLC
Grant Deed
—
Jun 13, 2023
$664,000
Rakesh Roshan Ade
Osgood LLC
Grant Deed
—
Nov 30, 2021
$13,500,000
Mp Irvington LLC
David P Stapleton
Grant Deed
—
Nov 13, 2020
—
Sage At Irvington LLC
Rysr Investments LLC
Correction Deed
related
—
Sep 20, 2019
$8,250,000
Sage At Irvington LLC
Rysr Investments LLC
Grant Deed
—
Sep 20, 2019
—
Sage At Irvington LLC
—
Loan Modification
related
$5,650,000 · Osgood Washington Holding Co L
Feb 10, 2017
—
Rysr Investments LLC
—
Deed
related
$2,500,000 · Fremont Bank
Jan 4, 2007
$3,675,000
Rysr Investments LLC
Reinhard,eli
Grant Deed
$3,123,750 · General Electric Capital Corp
Sep 23, 1997
$270,100
Eli Reinhard
Brockman,phillip
Trustees Deed
—
Apr 11, 1995
—
Phillip Brockman
Brockman,mahin
Quit Claim Deed
related
$150,000 · Individual
Jan 11, 1995
$150,000
Phillip Brockman
Cook,herman D & Mozella E
Trustees Deed
—
—
—
Herman Cook
—
Deed Of Trust
related
$46,000 · Celotex Corp
—
—
Herman Cook
—
Deed Of Trust
related
$315,000 · Financial Center Mortgage
—
—
Cook H.
—
Deed Of Trust
related
$150,000 · Individual
—
—
Cook H.
—
Deed Of Trust
related
$100,000 · Individual
—
—
Herman D Cook
—
Deed Of Trust
related
$47,073 · Star INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 42021 Osgood Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.