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Property profile & analytics
OFF-MARKET
Estimated value
$52,415,000
Life science properties
47900 Bayside Pkwy Fremont, CA 94538-6515
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6658996
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1992
Construction
TYPE NOT SPECIFIED
Total area
122,092 SF
Lot
6.78 ac (295,372 SF)
APN
519-1005-85
UPID
US09-6658996
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
-
Stryker Corporation Medical Supply Store
-
Stryker Production Facility Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$43.81M
Blend (final)
Blend
$52.42M
Owner & transaction history
The Lsmd Fund Propco LLC · 4 yrs held
The Lsmd Fund Propco LLC
since 2021
Last sale
$52.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$61.5M
+24.4%
Commercial (general)
$60.8M
+23.0%
Office building
$55.7M
+12.7%
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
$61,865,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
$49,410,000
Current use
RESTAURANT
$61,460,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$60,780,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$55,690,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$51,870,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$48,270,000
Change: -2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$43,250,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$42,460,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$52.42M
Range $47.17M – $57.66M · ±10% · vs last sale $51.99M (Aug 3 2021)
Last sale anchor
$51.99M
Aug 3 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
$429 / 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
$273,468
Tax year 2024
Assessed value
$23,210,308
Assessed 2024
Previous assessed
$23,210,308
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$7,388,220
Assessed improvement
$15,822,088
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1992
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
1
Stories
2
Bathrooms
4
Total area
122,092 SF
Lot
6.78 ac (295,372 SF)
APN
519-1005-85
UPID
US09-6658996
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
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
Est. value
$49.4M
RESTAURANT
Est. value
$61.5M
COMMERCIAL (GENERAL)
Est. value
$60.8M
OFFICE BUILDING
Est. value
$55.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$51.9M
MEDICAL BUILDING
Est. value
$48.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$43.3M
RETAIL STORES
Est. value
$42.5M
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1992
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Buildings
1
Bathrooms
4
Lot
6.78 ac
Current owner
From public records · entity-resolved
The Lsmd Fund Propco LLC
Entity
Free & Clear · 4 yrs held
Mailing address
255 WASHINGTON ST STE #300, NEWTON, MA 02458-1634
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
—
The Lsmd Fund Propco LLC
—
Deed
related
—
Aug 3, 2021
—
The Lsmd Fund Propco LLC
Snh Medical Office Properties Trust
Intrafamily Transfer
related
—
Oct 4, 2011
$51,987,500
Snh Medical Office Props Trust
Hub Properties Trust
Grant Deed
—
Mar 20, 2009
$42,970,000
Hub Bayside Properties LLC
Jer Btp II LLC
Grant Deed
—
Jun 29, 2006
—
Jer Btp II LLC
Blair,trust
Grant Deed
$120,000,000 · Barclays Capital R E INC
May 25, 2006
—
Blair Trust
Neidig Family Trust
Grant Deed
—
Dec 28, 2004
—
Blair Trust
Renco Equities IV
Grant Deed
related
—
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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