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Property profile & analytics
OFF-MARKET
Estimated value
$2,610,000
Retail space
4362 Thornton Ave Fremont, CA 94536-4828
Trust Owned
14-yr Hold
Free & Clear
Property ID
US09-9043115
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
WOOD
Total area
12,647 SF
Lot
0.8 ac (35,000 SF)
APN
501-455-21-5
UPID
US09-9043115
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
-
BEST TAEKWONDO ACADEMY Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.32M
Comparable Approach
Comparable
$2.46M
Blend (final)
Blend
$2.61M
Owner & transaction history
Choi Family Trust · 14 yrs held
Choi Family 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%
$2,505,000
6.5%
$2,315,000
7%
$2,150,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,075,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$2.61M
Range $2.35M – $2.87M · ±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
$206 / 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
$52,788
Tax year 2023
Assessed value
$3,734,100
Assessed 2024
Previous assessed
$3,660,906
+2.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,142,947
Assessed improvement
$2,591,153
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
10
Total area
12,647 SF
Lot
0.8 ac (35,000 SF)
APN
501-455-21-5
UPID
US09-9043115
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
AUTO REPAIR, GARAGE
Est. value
$4.1M
AUTO REPAIR, GARAGE
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
1986
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
10
Lot
0.8 ac
Current owner
From public records · entity-resolved
Choi Family Trust
Trust
Free & Clear · 14 yrs held
Mailing address
3026 CASADERO CT, PLEASANTON, CA 94588-7701
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2017
—
Kevin Choi
—
Deed
related
$2,900,000 · East West Bank
May 14, 2012
—
Choi Family Trust
Choi,ka F & Mary L
Quit Claim Deed
related
—
Jun 30, 2011
—
Choi Ka H Trust
Choi,ka H
Quit Claim Deed
related
—
Feb 15, 2008
—
Kahang Choi
Choi,jean L
Quit Claim Deed
related
—
May 22, 2003
$2,630,000
Ka F Choi
Chiu,tr
Grant Deed
$1,820,000 · East West Bank
Aug 16, 2000
$1,755,000
Chiu Trust
Standard Insurance Co
Grant Deed
$1,230,000 · Stancorp Mortgage Investors
Dec 28, 1989
$2,150,000
Insuran Standard
L. B. Partnershi
Grant Deed
—
Oct 16, 1989
—
Ms Partnership
Rdw Incorporated
Grant Deed
related
—
Apr 22, 1988
—
Alice Mead
—
Deed Of Trust
related
—
Mar 16, 1988
$662,500
Alice Mead
Retai
Grant Deed
related
—
—
—
Ka F Choi
—
Deed Of Trust
related
$1,989,000 · East West 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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