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Property profile & analytics
OFF-MARKET
Estimated value
$2,535,000
Flex space
975 Carden St San Leandro, CA 94577-1102
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8490557
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1980
Construction
TYPE NOT SPECIFIED
Total area
32,500 SF
Lot
3.34 ac (145,324 SF)
APN
77A-649-28-1
UPID
US09-8490557
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
-
St Francis Electric Electrical Service General Contractor
-
stfranciselectric Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$2.54M
Owner & transaction history
Robert Spinardi · 4 yrs held
Robert Spinardi
since 2021
Last sale
$2.3M
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
Method
Estimation
Statistic approach
$2,875,000
ML approach
$2,765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.54M
Range $2.28M – $2.79M · ±10% · vs last sale $2.25M (Dec 10 2021)
Last sale anchor
$2.25M
Dec 10 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
$78 / 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
$55,135
Tax year 2024
Assessed value
$4,405,341
Assessed 2024
Previous assessed
$4,405,341
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$2,099,501
Assessed improvement
$2,305,840
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
Off-Market
Year built
1980
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
1
Stories
1
Bathrooms
5
Total area
32,500 SF
Lot
3.34 ac (145,324 SF)
APN
77A-649-28-1
UPID
US09-8490557
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
1980
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
1
Bathrooms
5
Lot
3.34 ac
Current owner
From public records · entity-resolved
Robert Spinardi
Individual
Mailing address
2 KATHERINE CT, STATELINE, NV 89449
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2021
—
Robert Spinardi
Robert L Spinardi
Intrafamily Transfer
related
—
Jul 20, 2017
—
Robert L Spinardi
—
Deed
related
$1,368,121 · California Bk/commerce
Dec 30, 2016
—
Robert L Spinardi
—
Deed
related
$2,000,000 · California Bk/commerce
Jun 12, 2008
—
Robert L Spinardi
—
Deed Of Trust
related
$4,000,000 · Pan Pacific Bank
Aug 2, 2006
—
Robert L Spinardi
Spinardi,debra J
Quit Claim Deed
related
—
Aug 2, 2006
$45,000
Robert L Spinardi
Spinardi Living Trust B
Grant Deed
related
—
Aug 2, 2006
$22,500
Spinardi Living Trust B
Spinardi Living Trust
Grant Deed
related
—
Aug 2, 2006
$77,000
Robert L Spinardi
Spinardi Living Trust
Grant Deed
related
$500,000 · East West Bank
Aug 2, 2006
$322,500
Robert L Spinardi
Spinardi Living Trust
Grant Deed
related
—
Jan 24, 2006
—
Spinardi,trust
Spinardi,trust
Quit Claim Deed
related
—
Jul 18, 2003
$2,250,000
Spinardi,tr
Sarkisian,kevin & Eniko
Grant Deed
—
Sep 21, 1999
$1,300,000
Kevin Sarkisian
Likit Windows INC
Grant Deed
$1,050,000 · Seller
—
—
Robert L Spinardi
—
Deed Of Trust
related
$8,015,303 · First Nthrn Bk/dixon
—
—
Robert L Spinardi
—
Deed Of Trust
related
$1,456,050 · Pan Pacific Bank
—
—
Robert L Spinardi
—
Deed Of Trust
related
$2,000,000 · California Bk/commerce
—
—
Robert L Spinardi
—
Deed Of Trust
related
$6,000,000 · California Bk/commerce
—
—
Robert L Spinardi
—
Loan Modification
related
$1,368,121 · California Bk/commerce
—
—
Kevin Sarkisian
—
Deed Of Trust
related
$950,000 · Us Bank NA
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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