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Property profile & analytics
FOR LEASE
Manufacturing properties
1390 Bayport Ave San Carlos, CA 94070
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1855275
For Lease
1 / 3
Contact for pricing
1390 Bayport Ave, San Carlos, CA 94070
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1958
Total area
5,490 SF
Lot
0.18 ac (7,849 SF)
Zoning code
PM0002
APN
046-191-020
UPID
US09-1855275
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
-
Vibrant Genomics Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lift III Howard St LLC · 1 yrs held
Lift III Howard St LLC
since 2025
Last sale
$33.0M
7 recorded transactions
Zoning & alternative use
PM0002 · San Carlos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 San Carlos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Carlos 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$36,295
Tax year 2024
Assessed value
$2,965,140
Assessed 2024
Previous assessed
$2,965,140
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,705,040
Assessed improvement
$260,100
Applied tax rate
11.0000
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
For Lease
Year built
1958
Heating
NONE
Stories
1
Total area
5,490 SF
Lot
0.18 ac (7,849 SF)
Zoning code
PM0002
APN
046-191-020
UPID
US09-1855275
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
PM0002 · San Carlos, CA
Zoning PM0002 · permitted uses
PM0002 · San Carlos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Carlos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Lift III Howard St LLC
Entity
Mailing address
801 HAMILTON ST, REDWOOD CITY, CA 94063-1652
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2025
—
Lift III Howard St LLC
—
Deed
related
$27,000,000 · Crxi Smbc Seller LLC
May 16, 2025
$12,130,000
Lift III Howard St LLC
1021 Howard Owner LLC
Grant Deed
—
Feb 27, 2025
—
Pfp 2021 8 Ltd
—
Deed
related
—
Sep 14, 2021
—
Pfp Vii Sub III LLC
Prime Fin Short Duration Hldg Co Vi
Assignment Of Lease (leasehold Sale)
—
Jul 20, 2021
$33,000,000
1021 Howard Owner LLC
Hamilton Investors Bayport LLC
Grant Deed
$22,500 · Prime Finance Short Duration Holdin
Sep 17, 2019
$28,800,000
Hamilton Investors Bayport LLC
San Carlos Technology Park LLC
Trustees Deed
$21,075,000 · Miscellaneous Ins Co
Sep 14, 2018
—
San Carlos Technology Park LLC
—
Deed
related
$13,000,000 · East West Bank
Feb 13, 2018
$20,700,000
San Carlos Technology Park LLC
Mountain Holdings LLC
Grant Deed
—
Sep 12, 2016
—
Black Mountain Holdings LLC
—
Deed
related
$4,100,000 · Wells Fargo Bk
Dec 1, 2015
$7,250,000
Black Mountain Holdings LLC
Snow Venture Partners LP
Grant Deed
$4,712,500 · Wells Fargo Bank NA
Feb 11, 2011
$380,000
Phelan Family Trust
Snow Ronald E Trust
Grant Deed
—
Dec 11, 2009
$800,000
Snow Ronald E Trust
Radford Ruth D
Grant Deed
—
—
—
Snow Ronald E Trust
—
Deed Of Trust
related
$5,000,000 · Bank Of America
—
—
Ruth D Radford Trustee
—
Deed Of Trust
related
$250,000 · Wells Fargo Bank
—
—
Black Mountain Holdings LLC
—
Loan Modification
related
$4,100,000 · Wells Fargo Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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