Entity Owned Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
5,300 SF
Lot
0.66 ac (28,929 SF)
Zoning code
PM0000
APN
046-171-150
UPID
US09-3338409
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.42M
CAP Approach
CAP
$2.08M
Comparable Approach
Comparable
$4.09M
Blend (final)
Blend
$3.35M
Owner & transaction history
since 2025
7 recorded transactions
Zoning & alternative use
PM0000 · San Carlos, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 25 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.35M
Value range
$3.01M – $3.68M
±10% around blend
Estimated value / SF
$631 / SF
Confidence
High
25 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$3.01M
blend $3.35M
$3.68M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,300 SF
Lot area
0.66 ac
Year built
2006
Stories
1
APN
046-171-150
Zoning
PM0000
Assessed value
$3,050,000
Annual tax
$40,313
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.08M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.26M
@ 6.5% CAP return
$2.08M
@ 7% CAP return
$1.94M
4
Sales comparison
Partial preview
Sales approach indication
$2.82M
Weighted, 20 comps · high confidence
Evidence
25 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.5 mi away · 5,706 SF
10.3 mi away · 4,896 SF
11.0 mi away · 4,500 SF
14.6 mi away · 6,750 SF
14.7 mi away · 4,872 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.35M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 23 sales
$740
-15%
Submarket 23 sales
$740
-15%
County 208 sales
$509
+24%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $631/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 25 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
4.00%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.00%
9.0%
NOI (est.)
$214k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.34M
Move the market yield to see immediate price impact.
Value / SF
$1,007
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.50%4.00%4.50%
$192k
$5.49M
$4.80M
$4.27M
$214k
$6.10M
$5.34M
$4.74M
$235k
$6.71M
$5.87M
$5.22M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
25 found
High confidence · county-verified
Closest comparable
$5.60M
5.5 mi · Dec 2025 · $952/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$40,313
Tax year 2024
Assessed value
$3,050,000
Assessed 2024
Previous assessed
$3,050,000
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$915,000
Assessed improvement
$2,135,000
Applied tax rate
11.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
5,300 SF
Lot
0.66 ac (28,929 SF)
Zoning code
PM0000
APN
046-171-150
UPID
US09-3338409
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
PM0000 · San Carlos, CAZoning PM0000 · permitted uses
PM0000 · San Carlos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Lot
0.66 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PM0000
Jurisdiction
San Carlos, CA
Recorded code
PM0000
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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