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Financial
Distress signals
Property profile

508 Richmond Dr Millbrae, CA 94030

OFF-MARKET
Apartment buildings
Property ID
US09-1481936
6,132 SF 0.11 ac lot Built 1968
Last sale Dec 1988 · $565,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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.

Debts

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?
$19k
Tax billed · 2024
Assessed value$1.04M
Assessed land$312k
Assessed improvement$728k
Effective rate1.82%

Value estimate

· Oct 2026
$565k
$509k – $622k
AI approach$565k

Realmo valuation models over county records and 33 qualifying comparable sales.

Recently sold

What actually traded nearby?
$331/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$96 – $442
Qualifying comparables33

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy10.8
Convenience Store10.7
Parking Facility10.6

Location

508 Richmond Dr Millbrae, CA 94030-1659
County assessor Recorded deeds · 6 transfers 33 qualifying comp sales Zoning catalog · not on file

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

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
141 Magnolia, Millbrae, CA 94030-3048 $2,730,000 Aug 2023 6,710 SF
131 Magnolia, Millbrae, CA 94030-3047 $1,527,500 Jun 2023 6,710 SF
510 Richmond, Millbrae, CA 94030-1658 $2,800,000 Sep 2022 6,132 SF
1460 Magnolia, Millbrae, CA 94030-1337 $225,000 Aug 2022 6,055 SF
1391 Broadway, Millbrae, CA 94030-1331 $3,000,000 Aug 2022 6,746 SF
432 Richmond, Millbrae, CA 94030-1638 $400,000 Apr 2022 6,390 SF
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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