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Property profile & analytics
OFF-MARKET
Estimated value
$4,440,000
Manufacturing properties
127 Independence Dr Menlo Park, CA 94025-1112
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2781847
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1963
Total area
14,000 SF
Lot
1.1 ac (47,841 SF)
Zoning code
MH00M2
APN
055-236-240
UPID
US10-2781847
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
-
Inquis Medical, Inc Production Facility Factory
-
Scar Treatment and Scar Therapy by embrace Corporate Office
-
Dollinger Properties Real Estate Agency
-
Arrinex, Inc. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.44M
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
Retail stores
$7.1M
+55.4%
Commercial (general)
$6.5M
+41.2%
Auto repair, garage
$6.4M
+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)
$4,580,000
Current use
RETAIL STORES
$7,120,000
Change: +55% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,470,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,360,000
Change: +39% · Conversion: Easy
Blend value · Realmo final
$4.44M
Range $4.00M – $4.88M · ±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
$317 / 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
$123,424
Tax year 2024
Assessed value
$10,735,417
Assessed 2024
Previous assessed
$10,735,417
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$10,155,126
Assessed improvement
$580,291
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
1963
Heating
NONE
Stories
1
Total area
14,000 SF
Lot
1.1 ac (47,841 SF)
Zoning code
MH00M2
APN
055-236-240
UPID
US10-2781847
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
$4.6M
RETAIL STORES
Est. value
$7.1M
COMMERCIAL (GENERAL)
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$6.4M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
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
1963
Heating
NONE
Stories
1
Lot
1.1 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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
—
Si 60 LLC
Si 60 LLC
Deed
related
—
Jan 20, 2016
$9,250,000
Si 60 LLC
Hamilton Investors LLC
Grant Deed
—
Apr 29, 2015
$9,000,000
Hamilton Investors LLC
Dp Ventures LLC
Grant Deed
$3,750,000 · Jpmorgan Chase Bank NA
Nov 30, 2007
$2,656,000
Dp Ventures LLC
Krassilnikoff Family Trust
Grant Deed
$2,827,500 · Housing Capital Co
Aug 9, 2002
—
Krassilnikoff,tr
Krassilnikoff,sergey & Laurie
Quit Claim Deed
related
—
Dec 15, 1995
$1,020,000
Sergey A Krassilnikoff
Cashin Trust
Grant Deed
$724,500 · Wells Fargo Bank
Jan 28, 1994
—
Cashin Trust
Cashin Trust
Quit Claim Deed
related
—
Sep 8, 1993
—
Cashin Trust
Cashin Trust
Quit Claim Deed
related
—
Sep 21, 1992
—
Catherine I Mcgowan Trust
Mcgowan C. Trust
Quit Claim Deed
related
—
—
—
Dp Ventures LLC
—
Deed Of Trust
related
$3,000,000 · Rabobank
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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