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Property profile & analytics
OFF-MARKET
Estimated value
$11,115,000
Manufacturing properties
1205 Chrysler Dr Menlo Park, CA 94025-1134
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1664316
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1968
Total area
39,500 SF
Lot
2.41 ac (104,913 SF)
Zoning code
MH00M2
APN
055-236-300
UPID
US09-1664316
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
by Request
Comparable Approach
Comparable
$14.42M
Blend (final)
Blend
$11.12M
Owner & transaction history
Si 60 LLC · 1 yrs held
Si 60 LLC
since 2025
7 recorded transactions
Zoning & alternative use
MH00M2 · Menlo Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$18.3M
+41.2%
Auto repair, garage
$17.9M
+38.8%
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 Menlo Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menlo Park 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,930,000
Current use
COMMERCIAL (GENERAL)
$18,255,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$17,945,000
Change: +39% · Conversion: Easy
Blend value · Realmo final
$11.12M
Range $10.00M – $12.23M · ±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
$281 / 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
$157,476
Tax year 2024
Assessed value
$13,927,026
Assessed 2024
Previous assessed
$13,927,026
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$13,317,721
Assessed improvement
$609,305
Applied tax rate
8.0000
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
Off-Market
Year built
1968
Heating
NONE
Stories
1
Total area
39,500 SF
Lot
2.41 ac (104,913 SF)
Zoning code
MH00M2
APN
055-236-300
UPID
US09-1664316
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
MH00M2 · Menlo Park, CA
Zoning MH00M2 · permitted uses
MH00M2 · Menlo Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Menlo Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$12.9M
COMMERCIAL (GENERAL)
Est. value
$18.3M
AUTO REPAIR, GARAGE
Est. value
$17.9M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1968
Heating
NONE
Stories
1
Lot
2.41 ac
Current owner
From public records · entity-resolved
Si 60 LLC
Entity
Mailing address
599 CASTRO ST STE #400, MOUNTAIN VIEW, CA 94041-3009
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
May 28, 2025
—
Si 60 LLC
Si 60 LLC
Deed
related
—
May 28, 2025
$15,656,000
Si 60 LLC
Sobrato Interests 3
Quitclaim Deed
related
—
Jun 11, 2018
—
Sobrato Interests 3
Si Xx LLC
Quit Claim Deed
—
Jan 14, 2016
$12,000,000
Si 60 LLC
Ljb Properties LLC
Grant Deed
—
Jan 6, 2016
—
Ljb Properties LLC
King Jack E & Billie A
Quit Claim Deed
—
Oct 19, 2015
—
King,linda Trust
King,linda S
Quit Claim Deed
related
—
Aug 21, 1996
$2,512,500
Jack E King Trustee
Krebs Engineers
Grant Deed
$1,000,000 · Cupertino National Bank & Trus
—
—
Jack E King Trustee
—
Deed Of Trust
related
$1,460,000 · Cupertino Nat'l Bank & Trust
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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