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Property profile & analytics
OFF-MARKET
Estimated value
$2,490,000
Manufacturing properties
1027 Claremont St San Mateo, CA 94402-1835
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2974310
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1956
Total area
14,661 SF
Lot
0.37 ac (16,050 SF)
Zoning code
ML00M1
APN
035-012-200
UPID
US10-2974310
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
-
Applied Extracts Inc Scientific Equipment Supplier
-
Blind Tiger Ice Big Box & Wholesale Store Distribution Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.49M
Owner & transaction history
Cbr Properties LLC · 10 yrs held
Cbr Properties LLC
since 2015
7 recorded transactions
Zoning & alternative use
ML00M1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,520,000
6.5%
$3,250,000
7%
$3,020,000
Blend value · Realmo final
$2.49M
Range $2.24M – $2.74M · ±10%
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
$170 / 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
$41,256
Tax year 2024
Assessed value
$2,814,413
Assessed 2024
Previous assessed
$2,814,413
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$2,389,062
Assessed improvement
$425,351
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1956
Heating
NONE
Total area
14,661 SF
Lot
0.37 ac (16,050 SF)
Zoning code
ML00M1
APN
035-012-200
UPID
US10-2974310
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
ML00M1 · San Mateo, CA
Zoning ML00M1 · permitted uses
ML00M1 · 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
1956
Heating
NONE
Lot
0.37 ac
Current owner
From public records · entity-resolved
Cbr Properties LLC
Entity
Mailing address
1336 SANCHEZ AVE, BURLINGAME, CA 94010-3659
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2020
—
Cbr Properties LLC
—
Deed
related
$2,700,000 · Jpmorgan Chase Bank NA
Nov 16, 2017
—
Cbr Propeties LLC
—
Deed
related
$2,223,000 · Jpmorgan Chase Bank NA
Sep 15, 2015
$2,425,000
Cbr Properties LLC
Patrick Gavin
Grant Deed
$2,328,000 · Wells Fargo Bank NA
Jan 13, 2004
$1,700,000
Patrick Gavin
Watson,tr
Grant Deed
$1,050,000 · Quaker City Financial Corp
Oct 29, 1998
—
Watson Trust
Watson Trust
Quit Claim Deed
related
—
Oct 28, 1993
—
Watson Trust
Watson,emil F &
Quit Claim Deed
related
—
—
—
Patrick Gavin
—
Deed Of Trust
related
$85,000 · Neria B Canonizado
—
—
Patrick Gavin
—
Deed Of Trust
related
$350,000 · Fiore Richard A & Janice M (te
—
—
Mary T Gavin
—
Deed Of Trust
related
$71,500 · Neria B Canonizado
—
—
Patrick Gavin
—
Deed Of Trust
related
$1,620,000 · Richard Ott
—
—
Patrick Gavin
—
Deed Of Trust
related
$600,000 · Richard Ott
—
—
Patrick Gavin
—
Deed Of Trust
related
$200,000 · Fiore Trust
—
—
Patrick Gavin
—
Deed Of Trust
related
$100,000 · Fiore Richard A & J M (te)
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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