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Property profile & analytics
OFF-MARKET
Estimated value
$8,090,000
Warehouses
42650 Osgood Rd, Fremont, CA 94539-5603
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7830559
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Construction
TILT-UP CONCRETE
Total area
38,760 SF
Lot
2.53 ac (110,206 SF)
APN
525-331-40
UPID
US09-7830559
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
$7.67M
CAP Approach
CAP
$9.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.09M
Owner & transaction history
First Industrial LP · 4 yrs held
First Industrial LP
since 2021
Last sale
$8.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$13.5M
+56.8%
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
$7,360,000
ML approach
$7,670,000
CAP Approach
CAP Return
Estimation
6%
$9,765,000
6.5%
$9,015,000
7%
$8,370,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,595,000
Current use
RETAIL STORES
$13,480,000
Change: +57% · Conversion: Moderate
Blend value · Realmo final
$8.09M
Range $7.28M – $8.90M · ±10% · vs last sale $8.20M (Aug 26 2021)
Last sale anchor
$8.20M
Aug 26 2021
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
$209 / 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
$97,323
Tax year 2024
Assessed value
$8,375,220
Assessed 2024
Previous assessed
$8,375,220
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$5,202,000
Assessed improvement
$3,173,220
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
2
Bathrooms
8
Total area
38,760 SF
Lot
2.53 ac (110,206 SF)
APN
525-331-40
UPID
US09-7830559
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
WAREHOUSE, STORAGE Current
Est. value
$8.6M
RETAIL STORES
Est. value
$13.5M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
2
Bathrooms
8
Lot
2.53 ac
Current owner
From public records · entity-resolved
First Industrial LP
Entity
Mailing address
898 N PACIFIC COAST HWY STE #750, EL SEGUNDO, CA 90245-2747
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2021
$8,200,000
First Industrial LP
Charles J Martinek
Grant Deed
—
Dec 19, 2003
—
Charles J Martinek
Martinek,charles J & Marilyn K
Quit Claim Deed
related
$2,700,000 · Bank Of America
Dec 11, 2003
—
Martinek,tr
Martinek,charles J & Marilyn M
Quit Claim Deed
related
—
Jan 28, 2000
—
Mark Martinek
Martinek,monica
Quit Claim Deed
related
$1,729,000 · Bank Of America Community Dev
Mar 31, 1998
—
Charles J Martinek
—
Grant Deed
related
$1,698,000 · San Jose National Bank
Feb 21, 1997
$275,500
Franmer Company
Beretta Grandchildren Trust
Trustees Deed
—
Feb 21, 1997
$826,000
Martinek,charles J & Marilyn M
Fran Mar Co
Trustees Deed
—
Feb 21, 1997
—
Mark Martinek
Martinek,monica J
Quit Claim Deed
related
—
Dec 11, 1996
$1,010,909
Fran Mar Co
Beretta,marco
Grant Deed
related
—
Dec 30, 1994
—
Beretta Trust
Beretta,david
Quit Claim Deed
related
—
—
—
Martinek Living Trust
—
Deed Of Trust
related
$2,155,251 · Bank Of America
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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