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Property profile & analytics
OFF-MARKET
Estimated value
$1,995,000
Warehouses
1001 Railroad Ave San Mateo, CA 94402-1844
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2300642
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Total area
11,077 SF
Lot
0.5 ac (21,905 SF)
Zoning code
M20000
APN
035-011-150
UPID
US09-2300642
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
-
Williams Auto Body & Paint Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.00M
Owner & transaction history
First Republic Bank · 4 yrs held
First Republic Bank
since 2022
7 recorded transactions
Zoning & alternative use
M20000 · San Mateo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 San Mateo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Mateo 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$180 / 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
$31,184
Tax year 2024
Assessed value
$2,414,556
Assessed 2024
Previous assessed
$2,414,556
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,448,734
Assessed improvement
$965,822
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1991
Heating
NONE
Total area
11,077 SF
Lot
0.5 ac (21,905 SF)
Zoning code
M20000
APN
035-011-150
UPID
US09-2300642
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
M20000 · San Mateo, CA
Zoning M20000 · permitted uses
M20000 · San Mateo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Mateo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Lot
0.5 ac
Current owner
From public records · entity-resolved
First Republic Bank
Entity
Mailing address
301 MSN ST APT 46B, SAN FRANCISCO, CA 94105-6655
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2022
—
First Republic Bank
1001 Railroad Avenue LLC
Assignment Of Lease (leasehold Sale)
$1,100,000 · First Republic Bank
Oct 4, 2012
—
1001 Railroad Avenue LLC
Mcdonald,christopher M
Grant Deed
—
Sep 10, 2002
—
Christopher M Mcdonald
Mcdonald,christopher M
Quit Claim Deed
related
—
Mar 4, 1998
$1,300,000
Christopher M Mcdonald
Rivendell II Ltd LP
Grant Deed
$820,000 · Redwood Bank
Nov 3, 1995
—
Rivendell II Ltd LP
—
Deed Of Trust
related
$1,300,000 · Liberty Bank For Savings
—
—
Piverdell II
—
Deed Of Trust
related
—
—
—
Christopher M Mcdonald
—
Deed Of Trust
related
$900,000 · Liberty Bank
—
—
Rivendell II Ltd
—
Deed Of Trust
related
$230,000 · Individual
—
—
Rivendell Ltd
—
Deed Of Trust
related
$476,000 · Bay Area Financial
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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