Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1215 Obrien Dr Menlo Park, CA 94025-1412
    Back to Search
    Property profile & analytics

    1215 Obrien Dr, Menlo Park, CA 94025-1412

    View on Map
    • Warehouses
    • 17,170 SF
    • 0.91 lot acres
    Off-Market
    Last Sale Dec 8, 2020
    $860,000
    Property ID
    US09-1659598
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $875,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1215 Obrien Dr

    Year built
    1968
    Lot size
    0.91 lot acres
    Zone code
    MH00M2
    Property type
    Warehouses
    APN
    055-433-190
    APU
    55433190

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 8, 2020 — Sahyoun Menlo LP Sahyoun Family Trust Quit Claim Deed · related —
    May 18, 2000 — Sahyoun Trust Sahyoun,youssef & Sabine H Quit Claim Deed · related —
    Oct 21, 1994 $860,000 Toussef Sahyoun Briggs,richard S & Sharon A Grant Deed $415k · Wells Fargo Bank
    — — Richard S Briggs — Deed Of Trust · related $250k · Mid Peninsula Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $850,000
      ML approach
      $925,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Menlo Park
    County
    San Mateo
    State
    California
    Longitude
    -122.148
    Latitude
    37.4759
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,028
    $979,828
    $411,686
    $1,391,514
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2.09 Acres

      150 Jefferson Dr

      WAREHOUSE, STORAGE
      150 Jefferson Dr, Menlo Park, CA 94025-1115
      View Details
    • Value Estimation
      $1,165,000
      14,000 SF

      3477 Edison Way

      WAREHOUSE, STORAGE
      3477 Edison Way, Menlo Park, CA 94025-1813
      View Details
    • Value Estimation
      $1,075,000
      12,000 SF

      960 Obrien Dr

      WAREHOUSE, STORAGE
      960 Obrien Dr, Menlo Park, CA 94025-1407
      View Details
    • Value Estimation by Request
      13,800 SF

      1100 O'brien Dr

      Life science properties
      1100 O'brien Dr, Menlo Park, CA 94025
      View Details
    • Value Estimation
      $1,395,000
      17,600 SF

      3553 Hvn Ave

      WAREHOUSE, STORAGE
      3553 Hvn Ave, Menlo Park, CA 94025-1023
      View Details
    • Value Estimation
      $1,470,000
      18,000 SF

      10 Kelly Ct

      WAREHOUSE, STORAGE
      10 Kelly Ct, Menlo Park, CA 94025-1418
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      20,000 SF

      Menlo Park Flexible Building

      Flexible building suitable for industrial, lab, R&D, or office.
      1020 O'brien Dr, Menlo Park, CA 94025
      View Details
    • $4,490,000
      3,640 SF

      High Visibility Retail Space Available

      Retail space in high-traffic, high-growth area near Caltrain.
      1077 El Camino Real, Menlo Park, CA 94025
      View Details
    • $4,795,000
      3,640 SF

      Prime Retail Space Near Caltrain

      High-visibility retail space in high-growth area near Caltrain.
      1075 El Camino Real, Menlo Park, CA 94025
      View Details
    • Contact for pricing
      9,187 SF

      Menlo Park Mixed-Use Investment

      Mixed-use property with office and live/work suites in Menlo Park.
      1800 El Camino Real, Menlo Park, CA 94025
      View Details
    • Contact for pricing
      7,175 SF

      Menlo Park Office Space Available

      Ideally located office space between Menlo Park and Palo Alto.
      120 Santa Margarita Ave, Menlo Park, CA 94025
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      27,868 SF

      Menlo Park Warehouse and Office

      Warehouse and office space available for lease in Menlo Park.
      150 Constitution Dr, Menlo Park, CA 94025
      View Details
    • Contact for pricing
      340,000 SF

      Menlo Park Warehouse Space

      340,000 sqft warehouse space in Menlo Park available for rent.
      O'brien Dr & Adams Dr, Menlo Park, CA 94025
      View Details
    • Contact for pricing

      Life Science Campus For Rent

      1.4M SF life science campus near Stanford University.
      1530 O'brien Dr, Menlo Park, CA 94025
      View Details
    • Contact for pricing
      18,000 SF

      Menlo Park Warehouse Space Available

      Industrial warehouse space for lease in Menlo Park, California.
      1030-1050 O'brien Dr, Menlo Park, CA 94025
      View Details
    • Contact for pricing
      13,555 SF

      Renovated R&D Building For Rent

      13,555 SF renovated R&D building with office and warehouse space.
      1180 O'brien Dr, Menlo Park, CA 94025
      View Details
    • Contact for pricing
      2,400 SF

      Versatile Flex Space Available

      Adaptable flex space suitable for various commercial uses.
      1215 Chrysler Dr, Menlo Park, CA 94025
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1215 Obrien Dr
    Menlo Park, CA 94025-1412
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1215 Obrien Dr, Menlo Park, CA, 94025
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!