Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,390,000
Warehouses
1101 Chess Dr Foster City, CA 94404-1102
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3852755
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Total area
31,647 SF
Lot
1.71 ac (74,636 SF)
Zoning code
M100PD
APN
094-010-480
UPID
US09-3852755
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
$8.52M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.39M
Owner & transaction history
1101 Chess Drive LLC · 18 yrs held
1101 Chess Drive LLC
since 2008
7 recorded transactions
Zoning & alternative use
M100PD · 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%
$9,230,000
6.5%
$8,520,000
7%
$7,910,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$12,110,000
Current use
APARTMENT HOUSE (5+ UNITS)
$10,505,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$7.39M
Range $6.65M – $8.13M · ±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
$234 / 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
$115,537
Tax year 2024
Assessed value
$9,980,178
Assessed 2024
Previous assessed
$9,980,178
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$4,507,177
Assessed improvement
$5,473,001
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1974
Heating
NONE
Stories
1
Total area
31,647 SF
Lot
1.71 ac (74,636 SF)
Zoning code
M100PD
APN
094-010-480
UPID
US09-3852755
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
M100PD · Foster City, CA
Zoning M100PD · permitted uses
M100PD · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$12.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.5M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
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
1974
Heating
NONE
Stories
1
Lot
1.71 ac
Current owner
From public records · entity-resolved
1101 Chess Drive LLC
Entity
Mailing address
1900 IDYLLWILD AVE, REDWOOD CITY, CA 94061-3320
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2010
—
1101 Chess Drive LLC
—
Deed Of Trust
related
$2,025,000 · Davos Trust
Feb 29, 2008
$7,750,000
1101 Chess Drive LLC
Prolo D J 1993 Trust
Grant Deed
$4,200,000 · First Republic Bank
Feb 27, 2007
$5,480,000
Prolo Donald J 1993 Trust
Gee LLC
Grant Deed
$3,500,000 · First Republic Bank
Jan 18, 2002
—
Gee LLC
Gee,glen K & Katty P
Quit Claim Deed
related
—
Aug 7, 1998
$3,150,000
Gee LLC
Gee,glen K & Katty P
Grant Deed
related
$3,150,000 · Heller Financial
Jul 21, 1989
$245,500
Glen Gee
Gee Electronics
Grant Deed
related
—
May 10, 1989
$218,000
Glen Gee
Independent Exch
Grant Deed
related
—
Dec 30, 1988
$1,431,000
Glen Gee
Independent Exch
Trustees Deed
$1,800,000 · Stuhlmuller Prop
—
—
Stuhlmuller Prop
—
Deed Of Trust
related
$1,400,000 · Wells Fargo Bank
—
—
1101 Chess Drive LLC
—
Deed Of Trust
related
$2,025,000 · Davos Trust
—
—
Prolo Donald J 1993 Trust
—
Deed Of Trust
related
$300,000 · First Republic Bank
—
—
Glen Gee
—
Deed Of Trust
related
$2,350,000 · Sun Life Assurance Co Canada
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 1101 Chess Dr?
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.
