New search
Property profile & analytics
OFF-MARKET
Estimated value
$55,725,000
Super regional malls
1087 El Camino Real, Redwood City, CA 94063-1689
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2251574
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1993
Total area
11,898 SF
Lot
1.03 ac (44,984 SF)
APN
052-550-090
UPID
US09-2251574
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
-
Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$62.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$55.73M
Owner & transaction history
Hunter Partners Sequoia LLC · 2 yrs held
Hunter Partners Sequoia LLC
since 2023
Last sale
$53.5M
5 recorded transactions
Zoning & alternative use
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 Redwood City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redwood 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
$53,310,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$67,805,000
6.5%
$62,585,000
7%
$58,115,000
Blend value · Realmo final
$55.73M
Range $50.15M – $61.30M · ±10% · vs last sale $53.50M (Dec 13 2023)
Last sale anchor
$53.50M
Dec 13 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
$4,684 / 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
$84,058
Tax year 2024
Assessed value
$7,600,000
Assessed 2024
Previous assessed
$7,600,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$7,000,000
Assessed improvement
$600,000
Applied tax rate
9.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1993
Heating
NONE
Stories
1
Total area
11,898 SF
Lot
1.03 ac (44,984 SF)
APN
052-550-090
UPID
US09-2251574
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Stories
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Hunter Partners Sequoia LLC
Entity
Free & Clear · 2 yrs held
Mailing address
10121 MILLER AVE STE #200, CUPERTINO, CA 95014-3469
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
—
Hunter Partners Sequoia LLC
Rwc Sequoia Station 2 LLC
Correction Deed
related
—
Dec 13, 2023
$53,500,000
Hunter Partners Sequoia LLC
Sequoia Station 2 LLC
Grant Deed
—
Dec 15, 2021
$73,000,000
Rwc Sequoia Station 2 LLC
Reg8 Sequoia Station LLC
Grant Deed
—
Jul 16, 2009
—
Reg8 Sequoia Station LLC
Regency Centers
Grant Deed
$54,700,000 · Allianz Life Insurance Co N Am
Nov 19, 1997
$26,500,002
Pacific Retail Trust
Safeway INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1087 El Camino Real?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
