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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Manufacturing properties
1431 Old County Rd San Carlos, CA 94070-5202
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1831069
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1967
Total area
1,000 SF
Lot
0.12 ac (5,054 SF)
Zoning code
C40000
APN
046-202-280
UPID
US09-1831069
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
-
Papachay Peruvian Coffee Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$528k
Blend (final)
Blend
$865k
Owner & transaction history
Daniel Joseph Egan · 1 yrs held
Daniel Joseph Egan
since 2024
Last sale
$950,000
6 recorded transactions
Zoning & alternative use
C40000 · San Carlos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$740,000
+127.4%
Office building
$640,000
+97.0%
Neighborhood: shopping center
$540,000
+65.7%
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
Method
Estimation
Statistic approach
$865,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
$765,000
6.5%
$705,000
7%
$655,000
Alternative Use
Use
Estimation
RETAIL STORES
$740,000
Change: +127% · Conversion: Moderate
OFFICE BUILDING
$640,000
Change: +97% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$540,000
Change: +66% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $950k (Mar 29 2022)
Last sale anchor
$950k
Mar 29 2022
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
$865 / 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
$13,719
Tax year 2024
Assessed value
$1,080,932
Assessed 2024
Previous assessed
$1,080,932
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$967,151
Assessed improvement
$113,781
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
Off-Market
Year built
1967
Heating
NONE
Total area
1,000 SF
Lot
0.12 ac (5,054 SF)
Zoning code
C40000
APN
046-202-280
UPID
US09-1831069
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C40000 · San Carlos, CA
Zoning C40000 · permitted uses
C40000 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$740,000
OFFICE BUILDING
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$540,000
RETAIL STORES
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1967
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
Daniel Joseph Egan
Individual
Free & Clear · 1 yrs held
Mailing address
958 ORANGE AVE, SAN CARLOS, CA 94070-3832
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2024
—
Daniel Joseph Egan
Daniel Egan
Deed
related
—
Mar 29, 2022
—
Anthony J Egan
Anthony Egan
Intrafamily Transfer
related
—
Oct 6, 2016
—
Anthony Egan
Egan,carol
Quit Claim Deed
related
—
Oct 6, 2016
$950,000
Anthony Egan
Rwc Nwo LLC
Grant Deed
—
Dec 20, 2011
$850,000
Glenda Lovmark
Redwood Lumber & Supply Co INC
Grant Deed
related
—
Sep 22, 2011
$850,000
Glenda Lovmark
Redwood Lumber & Supply Co INC
Grant Deed
—
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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