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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Retail space
1527 B St San Mateo, CA 94402-2435
Trust Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3218823
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Total area
3,686 SF
Lot
0.09 ac (4,076 SF)
Zoning code
C10001
APN
034-293-130
UPID
US10-3218823
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Irar Trust Co · 1 yrs held
Irar Trust Co
since 2024
7 recorded transactions
Zoning & alternative use
C10001 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$247 / 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
$14,255
Tax year 2024
Assessed value
$1,063,185
Assessed 2024
Previous assessed
$1,063,185
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$614,954
Assessed improvement
$448,231
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1955
Heating
NONE
Stories
1
Total area
3,686 SF
Lot
0.09 ac (4,076 SF)
Zoning code
C10001
APN
034-293-130
UPID
US10-3218823
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C10001 · San Mateo, CA
Zoning C10001 · permitted uses
C10001 · 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.
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Irar Trust Co
Trust
Free & Clear · 1 yrs held
Mailing address
1107 S B ST, SAN MATEO, CA 94401-4314
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2024
—
Irar Trust Co
Terry A Michaud
Deed
related
—
Mar 15, 2017
—
Heritage Realty Defined Benefi
Michaud,terry A & Lucia K
Grant Deed
related
—
Nov 30, 2011
—
Terry A Michaud
Heritage Realty Defined Benefi
Grant Deed
related
$450,000 · First Republic Bank
May 20, 2005
—
Realty Defined Heritage
Michaud,terry A & Lucia K
Grant Deed
—
Mar 16, 2005
$778,000
Terry A Michaud
Devincenzi Family LP
Grant Deed
$570,000 · Borel Private Bank & Trust Co
Jul 19, 1996
—
Pellizzer Trust
Mary Irene Pellizzer Trustee
Quit Claim Deed
related
—
Dec 29, 1995
—
Keelin M Devincenzi
Devincenzi,john F
Quit Claim Deed
related
—
Sep 18, 1995
—
Devincenzi Trust
Devincenzi Trust
Quit Claim Deed
related
—
Nov 29, 1993
—
John,f Devincenzi Trust
Devincenzi,j.
Quit Claim 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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