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Property profile & analytics
FOR LEASE
Office buildings
1065 E Hillsdale Blvd, Foster City, CA 94404
Entity Owned
11-yr Hold
Free & Clear
Property ID
US09-3456246
For Lease
1 / 2
$28,195,000
1065 E Hillsdale Blvd, Foster City, CA 94404
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1981
Total area
115,600 SF
Lot
5.13 ac (223,320 SF)
Zoning code
CL00C1
APN
094-524-180
UPID
US09-3456246
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
by Request
CAP Approach
CAP
$36.86M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$28.20M
Owner & transaction history
Dwf IV Century Plaza LLC · 11 yrs held
Dwf IV Century Plaza LLC
since 2014
5 recorded transactions
Zoning & alternative use
CL00C1 · Foster City, 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 Foster City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Foster City 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%
$39,930,000
6.5%
$36,860,000
7%
$34,225,000
Blend value · Realmo final
$28.20M
Range $25.38M – $31.01M · ±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
$244 / 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
$540,306
Tax year 2024
Assessed value
$46,839,995
Assessed 2024
Previous assessed
$46,839,995
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$22,976,552
Assessed improvement
$23,863,443
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1981
Heating
NONE
Stories
4
Total area
115,600 SF
Lot
5.13 ac (223,320 SF)
Zoning code
CL00C1
APN
094-524-180
UPID
US09-3456246
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00C1 · Foster City, CA
Zoning CL00C1 · permitted uses
CL00C1 · Foster City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Foster City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Stories
4
Lot
5.13 ac
Current owner
From public records · entity-resolved
Dwf IV Century Plaza LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 130667, CARLSBAD, CA 92013-0667
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2019
—
Dwf IV Century Plaza LLC
—
Deed
related
$37,000,000 · Bank Of America
Nov 26, 2014
—
Dwf IV Century Plaza LLC
Marin County Employees Retire
Grant Deed
—
Oct 17, 1990
$12,810,001
Marin Co Employees
Unknown
Grant Deed
—
—
—
Dwf IV Century Plaza LLC
—
Loan Modification
related
$37,000,000 · Bank Of America
—
—
Dwf IV Century Plaza LLC
—
Deed Of Trust
related
$28,700,000 · Bank Of America
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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