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Property profile & analytics
OFF-MARKET
Estimated value
$7,740,000
Manufacturing properties
1341 San Mateo Ave South San Francisco, CA 94080-6511
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US10-1971333
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Total area
24,670 SF
Lot
0.62 ac (27,049 SF)
Zoning code
MH00M2
APN
015-112-400
UPID
US10-1971333
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
-
Tactical Thermal Technologies Factory Industrial Manufacturer
-
Holey Bad Guys! 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
$7.74M
Owner & transaction history
Gfpg Bsp Ssf LLC · 1 yrs held
Gfpg Bsp Ssf LLC
since 2025
Last sale
$7.7M
7 recorded transactions
Zoning & alternative use
MH00M2 · South San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$12.5M
+55.4%
Commercial (general)
$11.4M
+41.2%
Auto repair, garage
$11.2M
+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 South San Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South San Francisco 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)
$8,075,000
Current use
RETAIL STORES
$12,545,000
Change: +55% · Conversion: Moderate
COMMERCIAL (GENERAL)
$11,400,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,205,000
Change: +39% · Conversion: Easy
WAREHOUSE, STORAGE
$10,610,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$7.74M
Range $6.97M – $8.51M · ±10% · vs last sale $7.66M (Jul 18 2025)
Last sale anchor
$7.66M
Jul 18 2025
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
$314 / 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
$80,655
Tax year 2024
Assessed value
$7,074,720
Assessed 2024
Previous assessed
$7,074,720
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$4,473,720
Assessed improvement
$2,601,000
Applied tax rate
13.0000
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
Heating
NONE
Stories
2
Total area
24,670 SF
Lot
0.62 ac (27,049 SF)
Zoning code
MH00M2
APN
015-112-400
UPID
US10-1971333
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
MH00M2 · South San Francisco, CA
Zoning MH00M2 · permitted uses
MH00M2 · South San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South San Francisco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.1M
RETAIL STORES
Est. value
$12.5M
COMMERCIAL (GENERAL)
Est. value
$11.4M
AUTO REPAIR, GARAGE
Est. value
$11.2M
WAREHOUSE, STORAGE
Est. value
$10.6M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
Heating
NONE
Stories
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Gfpg Bsp Ssf LLC
Entity
Mailing address
1341 SAN MATEO AVE, SOUTH SAN FRANCISCO, CA 94080-6511
Mailing matches property
Yes
Owner-occupied
Yes
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2025
—
Gfpg Bsp Ssf LLC
—
Deed
related
$16,000,000 · Farmers & Merchants Bank Of Long Beach
Jul 18, 2025
$7,656,500
Gfpg Bsp Ssf LLC
John Jagazeel Rajasekaran
Grant Deed
—
Mar 9, 2022
—
Vibrant Wellness LLC
John Jagazeel Rajasekaran
Lease
—
Feb 24, 2022
$7,300,000
John Jagazeel Rajasekaran
Apex Commercial Holdings LLC
Grant Deed
$3,650,000 · Fremont Bank
Feb 24, 2022
—
John Jagazeel Rajasekaran
Jeena Letitia Rajasekaran
Intrafamily Transfer
related
$2,920,000 · Fremont Bank
Jul 24, 2020
—
Apex Commercial Holdings LLC
—
Deed
related
$2,150,000 · Comerica Bank
May 25, 2006
$2,800,000
Apex Commercial Holdings LLC
Uccelli,roy & Emily
Grant Deed
$1,745,000 · General Electric Capital Corp
Dec 17, 1998
—
Roy Uccelli
Menner,stephanie U
Grant Deed
related
—
Nov 25, 1996
—
Stephanie U Menner
Uccelli,roy & Emily
Grant Deed
related
—
May 26, 1995
—
Franco Ventures
Franco,germaine V
Quit Claim Deed
related
—
Apr 12, 1995
—
Stephanie Uccelli
Uccelli,roy & Emily
Quit Claim Deed
related
—
Dec 28, 1994
—
Paula F Formosa
Franco,germaine V
Grant Deed
related
—
—
—
Apex Commercial Holdings LLC
—
Deed Of Trust
related
$3,000,000 · Bank Of America
—
—
Apex Commercial Holdings LLC
—
Deed Of Trust
related
$1,100,000 · Marc Vayn
—
—
Apex Commercial Holdings LLC
—
Deed Of Trust
related
$125,000 · James Munn
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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