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Property profile & analytics
OFF-MARKET
Estimated value
$15,810,000
Flex space
Tripaldi Way Hayward, CA 94587
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-6903116
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1996
Construction
TILT-UP CONCRETE
Total area
51,120 SF
Lot
2.56 ac (111,514 SF)
APN
463-92-3-1
UPID
US09-6903116
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
$15.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.81M
Owner & transaction history
Sb3h5 LLC · 2 yrs held
Sb3h5 LLC
since 2024
Last sale
$15.8M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$25.1M
+80.9%
Neighborhood: shopping center
$21.7M
+56.3%
Auto repair, garage
$18.9M
+36.1%
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
$15,810,000
ML approach
$15,810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$13,890,000
Current use
RESTAURANT
$25,135,000
Change: +81% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$21,720,000
Change: +56% · Conversion: Difficult
AUTO REPAIR, GARAGE
$18,905,000
Change: +36% · Conversion: Easy
RETAIL STORES
$14,815,000
Change: +7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$14,055,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$13,630,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$13,215,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$15.81M
Range $14.23M – $17.39M · ±10% · vs last sale $15.81M (Mar 7 2024)
Last sale anchor
$15.81M
Mar 7 2024
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
$309 / 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
$54,442
Tax year 2024
Assessed value
$4,401,915
Assessed 2024
Previous assessed
$4,401,915
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$757,294
Assessed improvement
$3,644,621
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1996
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Bathrooms
2
Total area
51,120 SF
Lot
2.56 ac (111,514 SF)
APN
463-92-3-1
UPID
US09-6903116
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
INDUSTRIAL (GENERAL) Current
Est. value
$13.9M
RESTAURANT
Est. value
$25.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$21.7M
AUTO REPAIR, GARAGE
Est. value
$18.9M
RETAIL STORES
Est. value
$14.8M
COMMERCIAL (GENERAL)
Est. value
$14.1M
MEDICAL BUILDING
Est. value
$13.6M
OFFICE BUILDING
Est. value
$13.2M
INDUSTRIAL (GENERAL) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1996
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Bathrooms
2
Lot
2.56 ac
Current owner
From public records · entity-resolved
Sb3h5 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 9611, RANCHO SANTA FE, CA 92067-4611
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2024
$15,811,000
Sb3h5 LLC
Ream Enterprises LLC
Grant Deed
—
Apr 1, 1996
$2,703,000
Ream Enterprises LLC
Balch Enterprises LLC
Grant Deed
$2,692,318 · Wells Fargo Bank
Oct 20, 1995
$502,272
Balch Enterprises INC
White Trust
Grant Deed
$1,555,170 · Fremont Bank
Jun 30, 1995
—
Thomas Ar White
Hesperian Boulevard Properties
Grant Deed
$183,000 · 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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