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Property profile & analytics
FOR LEASE
Office buildings
1000 Marina Blvd Brisbane, CA 94005
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0269105
For Lease
$45,225,000
1000 Marina Blvd, Brisbane, CA 94005
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1983
Total area
104,428 SF
Lot
4.41 ac (192,114 SF)
Zoning code
OA0000
APN
007-165-210
UPID
US09-0269105
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
-
Gateway Credit Corporation Credit Union
-
Hitachi America Ltd. Industrial Manufacturer Production Facility
-
Nitrase Therapeutics Corporate Office
-
Mammoth Biosciences Corporate Office
-
Nitrome Biosciences Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$54.89M
Comparable Approach
Comparable
$51.04M
Blend (final)
Blend
$45.23M
Owner & transaction history
Bp3 Sf5 3000 3500 Marina LLC · 4 yrs held
Bp3 Sf5 3000 3500 Marina LLC
since 2021
Last sale
$39.5M
7 recorded transactions
Zoning & alternative use
OA0000 · Brisbane, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$70.6M
+5.4%
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 Brisbane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brisbane 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
$41,195,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$59,460,000
6.5%
$54,885,000
7%
$50,965,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$66,985,000
Current use
RESTAURANT
$70,610,000
Change: +5% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$56,355,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$45.23M
Range $40.70M – $49.75M · ±10% · vs last sale $39.50M (Jul 28 2021)
Last sale anchor
$39.50M
Jul 28 2021
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
$433 / 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
$504,015
Tax year 2024
Assessed value
$42,492,914
Assessed 2024
Previous assessed
$42,492,914
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$29,412,909
Assessed improvement
$13,080,005
Applied tax rate
18.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1983
Heating
NONE
Stories
6
Total area
104,428 SF
Lot
4.41 ac (192,114 SF)
Zoning code
OA0000
APN
007-165-210
UPID
US09-0269105
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
OA0000 · Brisbane, CA
Zoning OA0000 · permitted uses
OA0000 · Brisbane, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brisbane. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$67.0M
RESTAURANT
Est. value
$70.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$56.4M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1983
Heating
NONE
Stories
6
Lot
4.41 ac
Current owner
From public records · entity-resolved
Bp3 Sf5 3000 3500 Marina LLC
Entity
Mailing address
4380 LA JOLLA VLG DR STE #230, SAN DIEGO, CA 92122-1200
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2021
—
Bp3 Sf5 3000 3500 Marina LLC
Bp3 Sf4 1000 Marina LLC
Intrafamily Transfer
related
$95,000,000 · Kref Capital LLC
Mar 25, 2019
—
Bp3-sf4 1000 Marina LLC
—
Loan Modification
related
$53,602,675 · Tpg Re Fin 12 Ltd
Aug 3, 2018
—
Bp3-sf4 1000 Marina LLC
Mpvca Brisbane LLC
Quit Claim Deed
—
Jun 15, 2018
$39,500,000
Bp3-sf4 1000 Marina LLC
Mpvca Brisbane LLC
Grant Deed
$50,030,000 · Tpg Re Fin 12 Ltd
Oct 17, 2007
—
Fund Viii 1000 Marina LLC
1000 Marina LLC
Quit Claim Deed
—
Jun 17, 2005
$15,000,000
1000 Marina LLC
Ca-sierra Point
Grant Deed
$10,800,000 · Comerica Bank
—
—
Fund Viii 1000 Marina LLC
—
Deed Of Trust
related
$395,000,000 · Wells Fargo Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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