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Property profile & analytics
OFF-MARKET
Estimated value
$5,935,000
Assisted living facilities
718 Bartlett Ave Hayward, CA 94541-3698
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7899060
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1966
Construction
WOOD
Total area
13,120 SF
Lot
1.24 ac (54,100 SF)
APN
432-4-35-2
UPID
US09-7899060
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
-
718 Bartlett St. Francis Parking Lot & Garage
-
St. Francis Healthcare Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.10M
Blend (final)
Blend
$5.94M
Owner & transaction history
Capital Master Tenant LLC · 3 yrs held
Capital Master Tenant LLC
since 2022
Last sale
$6.0M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.5M
+66.8%
Neighborhood: shopping center
$5.6M
+44.1%
Auto repair, garage
$4.9M
+25.5%
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 Hayward submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hayward 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
$5,710,000
ML approach
$5,855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$3,870,000
Current use
RESTAURANT
$6,450,000
Change: +67% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,575,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,850,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,710,000
Change: -4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,565,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$5.94M
Range $5.34M – $6.53M · ±10% · vs last sale $6.00M (Jul 9 2020)
Last sale anchor
$6.00M
Jul 9 2020
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
$452 / 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
$75,790
Tax year 2023
Assessed value
$6,367,200
Assessed 2024
Previous assessed
$6,242,400
+2.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,122,400
Assessed improvement
$4,244,800
Applied tax rate
80.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
62
Total area
13,120 SF
Lot
1.24 ac (54,100 SF)
APN
432-4-35-2
UPID
US09-7899060
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$3.9M
RESTAURANT
Est. value
$6.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$4.9M
COMMERCIAL (GENERAL)
Est. value
$3.7M
INDUSTRIAL (GENERAL)
Est. value
$3.6M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1966
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
62
Lot
1.24 ac
Current owner
From public records · entity-resolved
Capital Master Tenant LLC
Entity
Mailing address
140 N UN AVE STE #320, FARMINGTON, UT 84025-2956
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2022
—
Capital Master Tenant LLC
Hayward Healthcare Realty LLC
Lease
$7,027,400 · Capital Funding
Jul 9, 2020
$6,000,000
Hayward Healthcare Realty LLC
Alvarado Resources LLC
Grant Deed
$5,599,309 · Capital Funding
May 17, 2010
$1,613,000
Resources Ll Alvarado
Rapp Cheryl A Trust
Grant Deed
$1,612,700 · Rapp Cheryl A Trust
Sep 22, 1998
—
Eugene A Rapp
Rapp,nancy
Quit Claim Deed
related
$400,000 · Civicbank Of Commerce
Jun 5, 1998
$1,800,000
Rapp Trust
Rapp,eugene A
Grant Deed
related
—
Mar 23, 1994
—
Eugene A Rapp
Rapp,cheryl A
Quit Claim 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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