Back to Search
Property profile & analytics
FOR LEASE
Warehouses
1451 El Camino Real Redwood City, CA 94063
Individually Owned
30-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2220834
For Lease
1 / 2
$5.50 SF/Yr
1451 El Camino Real, Redwood City, CA 94063
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1951
Total area
65,775 SF
Lot
0.92 ac (40,023 SF)
Zoning code
CH00CG
APN
053-176-170
UPID
US09-2220834
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
-
Security Public Storage Storage 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
$5.21M
Owner & transaction history
Security Public Storage-redwoo · 30 yrs held
Security Public Storage-redwoo
since 1996
7 recorded transactions
Zoning & alternative use
CH00CG · Redwood City, 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 Redwood City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redwood City 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
$79 / 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
$76,539
Tax year 2024
Assessed value
$6,920,069
Assessed 2024
Previous assessed
$6,920,069
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,395,159
Assessed improvement
$4,524,910
Applied tax rate
9.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1951
Heating
NONE
Total area
65,775 SF
Lot
0.92 ac (40,023 SF)
Zoning code
CH00CG
APN
053-176-170
UPID
US09-2220834
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CH00CG · Redwood City, CA
Zoning CH00CG · permitted uses
CH00CG · Redwood City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redwood City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Heating
NONE
Lot
0.92 ac
Current owner
From public records · entity-resolved
Security Public Storage-redwoo
Individual
Mailing address
128 KING ST #400, SAN FRANCISCO, CA 94107-1905
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
—
Security Public Storage Redwood Cit
—
Deed
related
$14,500,000 · Nationwide Life Insurance Company
Jul 17, 1996
$4,300,000
Security Public Storage-redwoo
Duc Trust
Grant Deed
related
$2,795,000 · Bay Area Bank
Aug 3, 1995
$2,736,000
Duc Trust
Duc, Lynn K
Grant Deed
related
$2,500,000 · Bay Area Bank
Mar 28, 1995
—
Daniel A Duc
Duc,daniel A
Quit Claim Deed
related
—
Feb 8, 1994
—
Duc Inv
Duc & Woolworth
Quit Claim Deed
related
$1,800,000 · Owens Financial Group INC
—
—
Duc Investments
—
Deed Of Trust
related
$150,000 · Individual
—
—
Duc Investment
—
Deed Of Trust
related
$194,000 · Union Bank
—
—
Duc Trust
—
Deed Of Trust
related
$135,000 · Althoff Trust
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
