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Property profile & analytics
OFF-MARKET
Estimated value
$2,970,000
Retail space
1692 El Camino Real San Carlos, CA 94070-5208
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2761728
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Total area
7,004 SF
Lot
0.17 ac (7,534 SF)
APN
051-372-110
UPID
US10-2761728
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
-
Carey Martin Physician
-
Peter Newsom Physician
-
Bridgette Herrmann Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.97M
Owner & transaction history
Butler Realty LLC · 6 yrs held
Butler Realty LLC
since 2019
7 recorded transactions
Zoning & alternative use
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,980,000
6.5%
$2,750,000
7%
$2,555,000
Alternative Use
Use
Estimation
RESTAURANT
$4,735,000
Change: -9% · Conversion: Easy
OFFICE BUILDING
$4,495,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$2.97M
Range $2.67M – $3.27M · ±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
$424 / 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
$62,841
Tax year 2024
Assessed value
$5,252,715
Assessed 2024
Previous assessed
$5,252,715
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$2,466,064
Assessed improvement
$2,786,651
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1949
Heating
NONE
Stories
2
Total area
7,004 SF
Lot
0.17 ac (7,534 SF)
APN
051-372-110
UPID
US10-2761728
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
RESTAURANT
Est. value
$4.7M
OFFICE BUILDING
Est. value
$4.5M
RESTAURANT
OFFICE BUILDING
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
1949
Heating
NONE
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Butler Realty LLC
Entity
Mailing address
1629 MAIN ST, REDWOOD CITY, CA 94063-2121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Apr 23, 2020
—
Bulter Realty LLC
—
Deed
related
$3,150,000 · First Republic Bank
Dec 20, 2019
$6,399,000
Butler Realty LLC
Barri R D & Gheno-barr Trust
Grant Deed
—
May 21, 2018
—
Raymond D Barri
—
Deed
related
$1,675,000 · Presidio Bank
Dec 9, 2015
—
Barri,raymond D Trust
Barri & Gheno-barri Trust
Quit Claim Deed
related
$347,500 · Barri & Gheno-barri Trust (pt)
Dec 5, 2008
—
Barri Raymond D & G M R Trust
Fre 453 LLC
Grant Deed
—
Jun 12, 2008
$1,225,000
Fre 453 LLC
Karen Sue Przyborowski
Grant Deed
$980,000 · Green Family Trust
Jun 12, 2008
—
Catherine A Thompson
Tesler,mary E
Affidavit Of Death
related
—
Dec 22, 2004
—
Audrey Reagan
Reagan,audrey M
Quit Claim Deed
related
—
Jan 24, 1997
—
Tesler Trust
Tesler,herbert & Mary E
Quit Claim Deed
related
—
Mar 31, 1993
—
Green,trust
Green,e.
Quit Claim Deed
related
—
—
—
Barri,r & Gheno-barri M Trust
—
Loan Modification
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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