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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Retail space
1511 Woodside Rd Redwood City, CA 94061-3432
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-1644648
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Total area
1,493 SF
Lot
0.07 ac (2,868 SF)
APN
069-313-190
UPID
US09-1644648
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
-
somushlove Clothing Store
-
Independent Consulting Services Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
$585k
Comparable Approach
Comparable
$823k
Blend (final)
Blend
$950k
Owner & transaction history
Rona Development LLC · 2 yrs held
Rona Development LLC
since 2024
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+57.5%
Neighborhood: shopping center
$805,000
+24.8%
Commercial (general)
$690,000
+6.9%
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
Method
Estimation
Statistic approach
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$585,000
7%
$545,000
Alternative Use
Use
Estimation
RETAIL STORES
$645,000
Current use
OFFICE BUILDING
$1,015,000
Change: +58% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$805,000
Change: +25% · Conversion: Moderate
COMMERCIAL (GENERAL)
$690,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$680,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Feb 7 2024)
Last sale anchor
$950k
Feb 7 2024
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
$636 / 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
$12,137
Tax year 2024
Assessed value
$989,745
Assessed 2024
Previous assessed
$989,745
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$415,583
Assessed improvement
$574,162
Applied tax rate
73.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Heating
NONE
Stories
2
Total area
1,493 SF
Lot
0.07 ac (2,868 SF)
APN
069-313-190
UPID
US09-1644648
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$645,000
OFFICE BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$805,000
COMMERCIAL (GENERAL)
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$680,000
RETAIL STORES Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1920
Heating
NONE
Stories
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Rona Development LLC
Entity
Mailing address
1511 WOODSIDE RD, REDWOOD CITY, CA 94061-3432
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2024
$950,000
Rona Development LLC
Rona Maskan LLC
Grant Deed
—
Aug 20, 2018
$905,000
Rona Maskan LLC
Herman,yaeko
Grant Deed
—
Mar 7, 2014
$130,000
Yaeko Herman
Thai 2013 Living Trust
Grant Deed
—
Jan 21, 2014
$150,000
Yaeko Herman
Truong Tina Trust
Grant Deed
—
Aug 20, 2013
—
Lai,t 2013 Living Trust
Lai,thanh V & The T
Quit Claim Deed
related
—
Sep 25, 2009
—
Lai
Lai,thanh V
Quit Claim Deed
related
—
Sep 10, 2009
—
Ortiz Jesus V & A A 1992 Trust
Ortiz,jesus V & Angelina
Quit Claim Deed
related
—
Jul 1, 2009
—
Chau T Nguyen
Nguyen,chau
Quit Claim Deed
related
—
Oct 25, 2004
—
Truong Tina Trust
Truong Tina Trust
Quit Claim Deed
related
—
Jan 13, 2004
—
Truong,tr
Herman,yaeko
Grant Deed
related
$226,000 · Tamalpais Bank
Dec 9, 1998
$236,263
Tina Troung
Troung,tina
Grant Deed
related
—
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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