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Property profile & analytics
FOR SALE
Flex space
496 Hester St, San Leandro, CA 94577
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-8490392
For Sale
1 / 2
$2,708,140
496 Hester St, San Leandro, CA 94577
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1960
Construction
TYPE NOT SPECIFIED
Total area
11,524 SF
Lot
0.48 ac (21,065 SF)
APN
77A-741-6
UPID
US09-8490392
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
$1.15M
Owner & transaction history
Hester Capital LLC · 10 yrs held
Hester Capital LLC
since 2016
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 San Leandro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Leandro 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$99 / 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
$15,954
Tax year 2024
Assessed value
$1,259,207
Assessed 2024
Previous assessed
$1,259,207
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$487,435
Assessed improvement
$771,772
Applied tax rate
10.0000
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
For Sale
Year built
1960
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
11,524 SF
Lot
0.48 ac (21,065 SF)
APN
77A-741-6
UPID
US09-8490392
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
1960
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
Hester Capital LLC
Entity
Mailing address
496 HESTER ST, SAN LEANDRO, CA 94577-1024
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2016
$3,250,000
Hester Capital LLC
Adams,michael|beckwith,paul
Grant Deed
$1,625,000 · California Bk/commerce
Jan 1, 2016
—
Paul Beckwith
Beckwith,kirsten
Quit Claim Deed
related
—
Oct 1, 2013
$474,000
Michael Adams
Hess Gildard H Trust
Grant Deed
$73,920 · Michael & Lorraine Adams
Oct 1, 2013
—
Ronald Sulpizio
Hess,ann
Affidavit Of Death
related
—
Feb 8, 2013
—
Hess Gildard H Trust
Hess G H & A 2005 Trust
Quit Claim Deed
related
—
Jun 29, 2011
—
Hess Ann Tr
Hess,gildard H
Affidavit Of Death
related
—
Dec 5, 2005
—
Hess Gildard H & A 2005 Trust
Hess,gildard H & Ann
Quit Claim Deed
related
—
Oct 8, 1968
—
Gildard H Hess
—
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.
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?”
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