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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Investment properties
142 3rd Ave 148 San Mateo, CA 94401-4013
Individually Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1426404
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1931
Total area
5,483 SF
Lot
0.12 ac (5,043 SF)
Zoning code
CB000D
APN
034-172-040
UPID
US09-1426404
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
-
Chopstix & Taiwanese Bentos Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
Wong,tr · 22 yrs held
Wong,tr
since 2004
7 recorded transactions
Zoning & alternative use
CB000D · San Mateo, 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 Mateo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Mateo 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%
$1,850,000
6.5%
$1,710,000
7%
$1,585,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,100,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±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
$268 / 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
$64,641
Tax year 2024
Assessed value
$3,484,780
Assessed 2024
Previous assessed
$3,484,780
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$1,742,390
Assessed improvement
$1,742,390
Applied tax rate
12.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1931
Heating
NONE
Stories
2
Total area
5,483 SF
Lot
0.12 ac (5,043 SF)
Zoning code
CB000D
APN
034-172-040
UPID
US09-1426404
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CB000D · San Mateo, CA
Zoning CB000D · permitted uses
CB000D · San Mateo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Mateo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$2.1M
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
Year built
1931
Heating
NONE
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Wong,tr
Individual
Mailing address
330 PRIMROSE RD STE #409, BURLINGAME, CA 94010-4029
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2016
—
Wong Family Trust
—
Deed
related
$1,050,000 · Wells Fargo Bk
Mar 16, 2004
$2,500,000
Wong,tr
Sebanc,stacey J
Grant Deed
$1,000,000 · Bank Of East Asia USA NA
Mar 16, 2004
—
Stacey J Sebanc
Dobos,thedoore S
Grant Deed
related
—
May 30, 2003
$1,160,000
Stacey J Sebanc
Sharabianlou,farrokh & Scheherezade
Grant Deed
related
—
May 30, 2003
—
Farrokh Sharabianlou
Downtown Center Building LLC
Grant Deed
related
—
Jan 4, 2000
—
Downtown Center Building LLC
Sharabianlou,farrokh & Scheherez
Grant Deed
$1,080,000 · Bank Of Los Altos
Jul 6, 1999
$1,200,000
Farrokh Sharabianlou
Gurnick,theodore P & Louise W
Grant Deed
$1,080,000 · Bank Of Los Altos
—
—
Theodore P Gurnick
—
Deed Of Trust
related
$260,000 · Bank Of America
—
—
Wong Family Trust
—
Deed Of Trust
related
$1,050,000 · Wells Fargo Bk
—
—
Downtown Center Building LLC
—
Deed Of Trust
related
$250,000 · Individual
—
—
Downtown Center Building LLC
—
Deed Of Trust
related
$500,000 · Stacey J Sebane
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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