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Property profile & analytics
OFF-MARKET
Estimated value
$6,475,000
Manufacturing properties
1001 Obrien Dr Menlo Park, CA 94025-1408
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1635069
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1956
Total area
20,520 SF
Lot
1.02 ac (44,223 SF)
Zoning code
MH00M2
APN
055-421-060
UPID
US09-1635069
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
$6.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.21M
Blend (final)
Blend
$6.48M
Owner & transaction history
Obrien Drive Portfolio II LLC · 3 yrs held
Obrien Drive Portfolio II LLC
since 2023
Last sale
$6.0M
3 recorded transactions
Zoning & alternative use
MH00M2 · Menlo Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$10.4M
+55.4%
Commercial (general)
$9.5M
+41.2%
Auto repair, garage
$9.3M
+38.8%
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 Menlo Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menlo Park 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
$6,580,000
ML approach
$6,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,715,000
Current use
RETAIL STORES
$10,435,000
Change: +55% · Conversion: Moderate
COMMERCIAL (GENERAL)
$9,485,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,320,000
Change: +39% · Conversion: Easy
Blend value · Realmo final
$6.48M
Range $5.83M – $7.12M · ±10% · vs last sale $6.00M (Apr 20 2023)
Last sale anchor
$6.00M
Apr 20 2023
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
$316 / 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
$80,758
Tax year 2024
Assessed value
$6,963,512
Assessed 2024
Previous assessed
$6,963,512
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$6,383,221
Assessed improvement
$580,291
Applied tax rate
8.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1956
Heating
NONE
Stories
1
Total area
20,520 SF
Lot
1.02 ac (44,223 SF)
Zoning code
MH00M2
APN
055-421-060
UPID
US09-1635069
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
MH00M2 · Menlo Park, CA
Zoning MH00M2 · permitted uses
MH00M2 · Menlo Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Menlo Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.7M
RETAIL STORES
Est. value
$10.4M
COMMERCIAL (GENERAL)
Est. value
$9.5M
AUTO REPAIR, GARAGE
Est. value
$9.3M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1956
Heating
NONE
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Obrien Drive Portfolio II LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1530 OBRIEN DR STE C, MENLO PARK, CA 94025-1454
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2023
—
Obrien Drive Portfolio II LLC
Obrien Drive Portfolio LLC
Intrafamily Transfer
related
—
Dec 3, 2015
$6,000,000
Obrien Drive Portfolio LLC
Balco Properties Ltd LLC
Grant Deed
—
Jun 15, 2012
$2,580,000
Balco Properties Ltd LLC
Vela Corp
Grant Deed
—
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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