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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Warehouses
975 Industrial W Pkwy, Hayward, CA 94544-7118
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-7799768
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Construction
TILT-UP CONCRETE
Total area
4,800 SF
Lot
1.42 ac (61,855 SF)
APN
465-50-10-2
UPID
US09-7799768
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
-
Patterson Lift Trucks, Inc. Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
PLTPARTS.COM Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$945k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$760k
Owner & transaction history
Patterson Property Holdings LLC · 1 yrs held
Patterson Property Holdings LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+26.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,025,000
6.5%
$945,000
7%
$880,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$985,000
Current use
OFFICE BUILDING
$1,240,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$158 / 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
$24,961
Tax year 2024
Assessed value
$1,989,000
Assessed 2024
Previous assessed
$1,989,000
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,581,000
Assessed improvement
$408,000
Applied tax rate
25.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
4,800 SF
Lot
1.42 ac (61,855 SF)
APN
465-50-10-2
UPID
US09-7799768
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
WAREHOUSE, STORAGE Current
Est. value
$985,000
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Patterson Property Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
975 INDUSTRIAL PKWY W, HAYWARD, CA 94544-7118
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2024
—
Patterson Property Holdings LLC
John M Patterson
Grant Deed
—
Jul 31, 2024
—
John M Patterson
John M Patterson
Intrafamily Transfer
related
—
Jul 30, 2024
—
John M Patterson
John M Patterson
Intrafamily Transfer
related
—
Jul 29, 2024
—
John M Patterson
John M Patterson
Intrafamily Transfer
related
—
Nov 1, 2022
—
John M Patterson
Lori Lee Loughran Smith
Intrafamily Transfer
related
—
Jul 16, 2020
—
James M Patterson
T Joyce Patterson
Affidavit Of Death
related
—
Aug 9, 2010
—
Patterson Family Trust
Stonehedge Properties Trust
Grant Deed
related
—
Jan 20, 1999
—
Patterson Trust
Patterson Trust
Quit Claim Deed
related
$330,000 · Us Bank
Dec 27, 1996
—
Stonehedge Properties Trust
Patterson,james M & Joyce
Grant Deed
related
—
May 9, 1995
—
Patterson Trust
Patterson,james M & Joyce
Quit Claim Deed
related
—
Oct 5, 1988
$625,000
James& Patterson
B W Properties
Grant Deed
$500,000 · Sanwa Bank California
—
—
Patterson James
—
Deed Of Trust
related
$650,000 · Sanwa Bank California
—
—
Petterson J.
—
Deed Of Trust
related
$900,000 · Sanwa Bank California
—
—
Patterson,tr
—
Deed Of Trust
related
$1,025,000 · Bay Bank Of Commerce
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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