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Property profile & analytics
OFF-MARKET
Estimated value
$1,485,000
Industrial properties
1731 Adrian Rd Ste 2 Burlingame, CA 94010-2108
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2157617
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1988
Total area
3,000 SF
Lot
0.05 ac (1,992 SF)
Zoning code
ML0000
APN
109-390-020
UPID
US10-2157617
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
$1.55M
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.49M
Owner & transaction history
Agnes Chi Hang Yiu · 4 yrs held
Agnes Chi Hang Yiu
since 2021
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
ML0000 · Burlingame, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+38.8%
Neighborhood: shopping center
$1.6M
+16.8%
Retail stores
$1.5M
+10.0%
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 Burlingame submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlingame 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
$1,485,000
ML approach
$1,545,000
CAP Approach
CAP Return
Estimation
6%
$1,615,000
6.5%
$1,490,000
7%
$1,385,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,385,000
Current use
OFFICE BUILDING
$1,925,000
Change: +39% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,620,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$1,525,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,365,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.49M
Range $1.34M – $1.63M · ±10% · vs last sale $1.43M (Nov 22 2021)
Last sale anchor
$1.43M
Nov 22 2021
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
$495 / 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
$17,583
Tax year 2024
Assessed value
$1,527,885
Assessed 2024
Previous assessed
$1,527,885
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$643,320
Assessed improvement
$884,565
Applied tax rate
4.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1988
Heating
NONE
Total area
3,000 SF
Lot
0.05 ac (1,992 SF)
Zoning code
ML0000
APN
109-390-020
UPID
US10-2157617
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
ML0000 · Burlingame, CAZoning ML0000 · permitted uses
ML0000 · Burlingame, CA
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
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1988
Heating
NONE
Lot
0.05 ac
Current owner
From public records · entity-resolved
Agnes Chi Hang Yiu
Individual
Mailing address
1017 LAGUNA AVE, BURLINGAME, CA 94010-3623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2021
—
Agnes Chi Hang Yiu
Dominic Yuk Tsun Lai
Intrafamily Transfer
related
—
Aug 26, 2019
$1,425,000
Dominic Lai
Red Rooster Capital
Grant Deed
—
May 15, 2015
$988,000
Red Rooster Capital
Chui Cary
Grant Deed
—
Jul 10, 2008
$698,000
Cary Chui
Mclaughlin S M & F B Trust
Grant Deed
$345,000 · United Commercial Bank
Jun 11, 1998
—
Mclaughlin Trust
Mclaughlin,steven
Quit Claim Deed
related
$130,142 · Wells Fargo Bank
Mar 14, 1988
$177,000
Steven M Mclaughlin
Unknown
Grant Deed
—
—
—
Cary Chui
—
Deed Of Trust
related
$350,000 · Hsbc Bank USA
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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