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Property profile & analytics
FOR LEASE
Manufacturing properties
111 Maple Ave S BLDG South San Francisco, CA 94080
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0099297
For Lease
$7,995,000
111 Maple Ave S,Unit BLDG, South San Francisco, CA 94080
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1963
Total area
27,360 SF
Lot
1.25 ac (54,606 SF)
Zoning code
ML00M1
APN
014-092-120
UPID
US09-0099297
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
$7.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.00M
Owner & transaction history
Cref3 Maple Owner LLC · 4 yrs held
Cref3 Maple Owner LLC
since 2022
Last sale
$8.4M
7 recorded transactions
Zoning & alternative use
ML00M1 · South San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.6M
+41.2%
Auto repair, garage
$12.4M
+38.8%
Warehouse, storage
$11.8M
+31.4%
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 South San Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South San Francisco 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
$7,625,000
ML approach
$7,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,955,000
Current use
COMMERCIAL (GENERAL)
$12,645,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,430,000
Change: +39% · Conversion: Easy
WAREHOUSE, STORAGE
$11,765,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$8.00M
Range $7.20M – $8.79M · ±10% · vs last sale $8.40M (Mar 1 2022)
Last sale anchor
$8.40M
Mar 1 2022
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
$292 / 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
$96,138
Tax year 2024
Assessed value
$8,737,279
Assessed 2024
Previous assessed
$8,737,279
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$7,927,848
Assessed improvement
$809,431
Applied tax rate
13.0000
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
For Lease
Year built
1963
Heating
NONE
Stories
1
Total area
27,360 SF
Lot
1.25 ac (54,606 SF)
Zoning code
ML00M1
APN
014-092-120
UPID
US09-0099297
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
ML00M1 · South San Francisco, CAZoning ML00M1 · permitted uses
ML00M1 · South San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$9.0M
COMMERCIAL (GENERAL)
Est. value
$12.6M
AUTO REPAIR, GARAGE
Est. value
$12.4M
WAREHOUSE, STORAGE
Est. value
$11.8M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1963
Heating
NONE
Stories
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Cref3 Maple Owner LLC
Entity
Mailing address
5221 N O CONNOR BLVD STE #700, IRVING, TX 75039-4428
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2024
—
Cref3 Maple Owner LLC
—
Deed
related
$493,000,000 · German American Capital Corporation
Apr 29, 2022
—
Cref3 Maple Owner LLC
—
Deed
related
$4,000,000 · Deutsche Bank National Trust Co
Mar 1, 2022
$8,398,000
Cref3 Maple Owner LLC
Prdl Investments LLC
Grant Deed
—
Oct 2, 2015
$2,750,000
Prdl Investments LLC
Dj Simpson Co
Grant Deed
—
Mar 31, 1988
$960,000
Hisashi&a Kagami
Lop S
Grant Deed
—
—
—
D J Simpson Co
—
Deed Of Trust
related
$1,690,800 · Excel National Bank
—
—
Dj Simpson Co
—
Deed Of Trust
related
$400,000 · Stark Trust
—
—
D J Simpson Co
—
Deed Of Trust
related
$1,325,000 · Patrick T Corrigan
—
—
Dj Simpson Co
—
Deed Of Trust
related
$100,000 · United American Bank
—
—
Dj Simpson Co INC
—
Deed Of Trust
related
$270,000 · William JR & Patricia Gonsalves
—
—
D J Simpson Co INC
—
Deed Of Trust
related
$250,000 · First National Bank North Coun
—
—
D J Simpson Co INC
—
Deed Of Trust
related
$750,000 · Jason Helgesen
—
—
Pedrick W R
—
Deed Of Trust
related
$1,450,000 · Bay View Bank
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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