Entity Owned 
For Lease
$33,310,000
255 Shoreline Dr, Redwood City, CA 94065
View Listing →
Property summary
AI-generated overview
A Class A, seven-story office building designed to provide office space and convenient access to Highway 101. The property includes transportation support via a dedicated shuttle serving Hillsdale Caltrain Station and San Carlos Caltrain Station, and features views from all floors. Outdoor collaboration areas are available, along with shared indoor and outdoor common-area Wi‑Fi. On-site amenities include a fitness center with showers and lockers and a conference center. The building provides EV charging stations and offers parking at an indicated ratio of 3.0 spaces per 1,000 square feet. Security is provided on a 24-hour basis, with dedicated on-site property management. The building includes suites suitable for occupancy and is positioned within walking distance of shopping, dining, fitness options, and hotels.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1990
Total area
119,875 SF
Lot
4.53 ac (197,434 SF)
Zoning code
CB0000
APN
095-233-090
UPID
US10-3126251
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Electric Vehicle Charging Station
-
Association / Organization
-
Real Estate Agency
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Security Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$33.31M
Owner & transaction history
since 2015
7 recorded transactions
Zoning & alternative use
CB0000 · Redwood City, CA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$33.31M
Value range
$29.98M – $36.64M
±10% around blend
Estimated value / SF
$278 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
40
Income certainty
100
$29.98M
blend $33.31M
$36.64M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
119,875 SF
Lot area
4.53 ac
Year built
1990
Stories
6
APN
095-233-090
Zoning
CB0000
Assessed value
$67,829,397
Annual tax
$767,193
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$767,193
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$22.59M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
23.3 mi away · 97,376 SF
23.5 mi away · 98,972 SF
24.4 mi away · 118,473 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$33.31M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 27 sales
$681
-59%
County 168 sales
$641
-57%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $278/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.09M
Move the market yield to see immediate price impact.
Value / SF
$42
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$321k
$6.41M
$4.58M
$3.56M
$356k
$7.13M
$5.09M
$3.96M
$392k
$7.84M
$5.60M
$4.35M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$14.40M
19.5 mi · Mar 2026 · $95/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$767,193
Tax year 2024
Assessed value
$67,829,397
Assessed 2024
Previous assessed
$67,829,397
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$27,925,350
Assessed improvement
$39,904,047
Applied tax rate
9.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1990
Heating
NONE
Stories
6
Total area
119,875 SF
Lot
4.53 ac (197,434 SF)
Zoning code
CB0000
APN
095-233-090
UPID
US10-3126251
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CB0000 · Redwood City, CAZoning CB0000 · permitted uses
CB0000 · Redwood City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Stories
6
Lot
4.53 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CB0000
Jurisdiction
Redwood City, CA
Recorded code
CB0000
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CB0000 in Redwood City, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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?”
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
