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Property profile & analytics
OFF-MARKET
Estimated value
$3,360,000
Office buildings
1180 Main St, Redwood City, CA 94063-1913
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3284727
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2023
Total area
186,357 SF
Lot
1.31 ac (57,187 SF)
Zoning code
ML001R
APN
053-147-080
UPID
US10-3284727
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
-
Chan Zuckerberg Initiative Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.36M
Owner & transaction history
Premia 1180 Main Owner LLC · 6 yrs held
Premia 1180 Main Owner LLC
since 2019
7 recorded transactions
Zoning & alternative use
ML001R · Redwood 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$18 / 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
$1,629,127
Tax year 2024
Assessed value
$147,614,544
Assessed 2024
Previous assessed
$147,614,544
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$22,419,744
Assessed improvement
$125,194,800
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2023
Heating
NONE
Stories
1
Total area
186,357 SF
Lot
1.31 ac (57,187 SF)
Zoning code
ML001R
APN
053-147-080
UPID
US10-3284727
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
ML001R · Redwood City, CA
Zoning ML001R · permitted uses
ML001R · Redwood City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redwood City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2023
Heating
NONE
Stories
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Premia 1180 Main Owner LLC
Entity
Mailing address
801 HAMILTON ST, REDWOOD CITY, CA 94063-1652
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2022
—
Premia 1180 Main Owner LLC
—
Deed
related
$145,000,000 · Athene Annuity And Life Company
Nov 6, 2019
—
Premia 1180 Main Owner LLC
Premia 1180 Main Owner LLC
Quit Claim Deed
related
$74,600,000 · Bank Ozk
Oct 1, 2018
$20,500,000
Premia 1180 Main Owner LLC
Lathrop Parc Redwood City LLC
Grant Deed
—
Dec 16, 2010
$2,173,500
Latrhop Parc Redwood City
Butler Realty LLC
Grant Deed
$1,250,000 · Butler Realty LLC
May 27, 2009
—
Butler Realty LLC
Butler William L Trust
Quit Claim Deed
related
—
Jan 27, 2009
—
Butler William L Trust
Wl Butler Investment Corp
Quit Claim Deed
related
—
Feb 9, 2007
—
Wl Butler Investment Corp
Brugman,steven K & Wendy A
Grant Deed
$1,300,000 · Standard Insurance Co
Jul 3, 1995
$630,000
Steven K Brugman
Chubick Trust
Grant Deed
$525,000 · Seller
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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