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Financial
Distress signals
Property profile

123 El Camino Real Millbrae, CA 94030

FOR SALE
Retail space
Property ID
US09-3783892
2,630 SF 0.06 ac lot Built 2010
Last sale Mar 2013 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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123 El Camino Real, Millbrae, CA 94030 For Sale
$100,000 2,630 SF
123 El Camino Real, Millbrae, CA 94030
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$604k
Assessed land$241k
Assessed improvement$362k
Effective rate1.42%

Value estimate

· Oct 2026
$595k
$536k – $655k
NOI build-up
Gross scheduled income$149k
Vacancy & credit loss−$7k
Operating expenses−$36k
NOI · 106.72% cap applied$107k

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$509/SF
County average, outlier-cleaned · 208 recorded sales of this use type
Observed band · Q1–Q3$288 – $725
Qualifying comparables22

Cap rate analysis

How does the asset earn?
106.72%
$107k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.7
Convenience Store9.0
Watch Repair Shop8.9

Location

123 El Camino Real Millbrae, CA 94030
County assessor Recorded deeds · 2 transfers 22 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
455 Broadway, Millbrae, CA 94030-1905 $1,840,000 Sep 2021 2,250 SF
1601 El Camino Real, Millbrae, CA 94030-1214 $4,050,000 Apr 2021 10,670 SF
199 Taylor, Millbrae, CA 94030-1915 $1,475,000 Mar 2021 2,477 SF
20 Hillcrest, Millbrae, CA 94030-2644 $3,675,000 Aug 2019 16,661 SF
1655 El Camino Real, Millbrae, CA 94030-1214 $1,588,000 Apr 2019 3,020 SF
230 Broadway, Millbrae, CA 94030-2508 $1,000,000 Jan 2019 1,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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