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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Industrial properties
1731 Adrian Rd Ste 3 Burlingame, CA 94010-2108
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1471381
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1970
Total area
2,040 SF
Lot
0.05 ac (2,035 SF)
Zoning code
ML0000
APN
109-390-030
UPID
US09-1471381
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
$1.43M
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.43M
Owner & transaction history
Wgkaciao LLC · 1 yrs held
Wgkaciao LLC
since 2024
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
$1.3M
+38.8%
Neighborhood: shopping center
$1.1M
+16.8%
Retail stores
$1.0M
+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
$1,425,000
ML approach
$1,425,000
CAP Approach
CAP Return
Estimation
6%
$1,100,000
6.5%
$1,015,000
7%
$940,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$945,000
Current use
OFFICE BUILDING
$1,310,000
Change: +39% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,100,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$1,035,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$925,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±10% · vs last sale $1.43M (Dec 16 2024)
Last sale anchor
$1.43M
Dec 16 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
$699 / 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
$14,741
Tax year 2024
Assessed value
$1,273,448
Assessed 2024
Previous assessed
$1,273,448
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$382,034
Assessed improvement
$891,414
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
1970
Heating
NONE
Total area
2,040 SF
Lot
0.05 ac (2,035 SF)
Zoning code
ML0000
APN
109-390-030
UPID
US09-1471381
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
ML0000 · Burlingame, CA
Zoning ML0000 · permitted uses
ML0000 · Burlingame, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlingame. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$945,000
OFFICE BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$925,000
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
1970
Heating
NONE
Lot
0.05 ac
Current owner
From public records · entity-resolved
Wgkaciao LLC
Entity
Mailing address
2075 PIONEER CT, SAN MATEO, CA 94403-1719
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 16, 2024
$1,425,000
Wgkaciao LLC
Lassahn Fiduciary Services
Grant Deed
—
Sep 9, 2021
—
Lassahn Flduclaty Services
—
Deed
related
$489,000 · The Mortgage Capital Development Corp
Jun 30, 2021
—
Lassahn Fiduciary Services
—
Deed
related
$600,000 · Tri Counties Bank
Mar 3, 2021
$1,200,000
Lassahn Fiduciary Services
Michael Koozmin
Grant Deed
$1,080,000 · Craig Rogers
Jan 15, 2020
—
Michael Koozmin
Koozmin Nick & Laura L Trust
Quit Claim Deed
related
—
Apr 22, 2019
—
Koozmin,nick & Laura L Trust
Koozmin Nick & Laura L Trust
Quit Claim Deed
related
—
Mar 18, 2002
—
Koozmin Trust
Koozmin,nick
Quit Claim Deed
related
—
Aug 1, 1997
—
Nick Koozmin
Koozmin,laura L
Quit Claim Deed
related
$130,000 · San Rafael Thrift & Loan
Mar 29, 1990
$245,000
Nick Koozmin
Mcneilly,d.&k.
Grant Deed
$172,000 · San Mateo Natl B
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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