Financial
Distress signals
Property profile

979 Broadway Ste 108 Millbrae, CA 94030

OFF-MARKET
Super regional malls
Property ID
US10-3198335
57,177 SF 1.11 ac lot Built 1968
Last sale Jun 2019 · $27,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 1,688-square-foot retail space is located in a downtown retail district, configured for use as a bank and designed to accommodate exterior signage. The property includes access to parking via a sub-level garage and has city parking nearby. It is situated off El Camino Real with access to Hwy 101 and is positioned among grocery and retail uses in an area characterized by higher traffic volumes. The space is suited for retail-oriented occupancy, with the building structure and site…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$372k
Tax billed · 2024
Assessed value$29.86M
Assessed land$16.40M
Assessed improvement$13.45M
Effective rate1.25%

Value estimate

· Sep 2026
$16.88M
$15.19M – $18.57M
CAP approach$18.86M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$540/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$220 – $1,063

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CL00C1
JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.7
Veterinary Clinic8.6
Tech Support Center8.4

Location

979 Broadway Ste, Unit 108 Millbrae, CA 94030-1993
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 8 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
30 Rollins, Millbrae, CA 94030-3113 $12,200,000 Mar 2022 9,775 SF
1395 El Camino Real, Millbrae, CA 94030-1474 $6,630,000 Oct 2021 22,696 SF
1080 Broadway, Millbrae, CA 94030-1944 $4,500,000 Jul 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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