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Property profile & analytics
OFF-MARKET
Estimated value
$2,615,000
Retail space
1745 El Camino Real Redwood City, CA 94063-2140
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1521966
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Total area
7,560 SF
Lot
0.61 ac (26,690 SF)
APN
053-189-030
UPID
US09-1521966
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
-
BevMo! Specialty Food Shop Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.68M
CAP Approach
CAP
$2.97M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.62M
Owner & transaction history
Iqhq 1745 El Camino Real LP · 3 yrs held
Iqhq 1745 El Camino Real LP
since 2023
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.1M
+24.8%
Commercial (general)
$3.5M
+6.9%
Auto repair, garage
$3.4M
+5.1%
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
$2,590,000
ML approach
$2,675,000
CAP Approach
CAP Return
Estimation
6%
$3,220,000
6.5%
$2,970,000
7%
$2,760,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,270,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,080,000
Change: +25% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,495,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,435,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$2.62M
Range $2.35M – $2.88M · ±10% · vs last sale $2.60M (Jan 3 2023)
Last sale anchor
$2.60M
Jan 3 2023
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
$346 / 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
$152,107
Tax year 2024
Assessed value
$13,770,000
Assessed 2024
Previous assessed
$13,770,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$13,617,000
Assessed improvement
$153,000
Applied tax rate
9.0000
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
1966
Heating
NONE
Total area
7,560 SF
Lot
0.61 ac (26,690 SF)
APN
053-189-030
UPID
US09-1521966
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
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.4M
RETAIL STORES Current
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
1966
Heating
NONE
Lot
0.61 ac
Current owner
From public records · entity-resolved
Iqhq 1745 El Camino Real LP
Entity
Mailing address
674 VIA DE LA VALLE STE #206, SOLANA BEACH, CA 92075-3405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
—
Iqhq 1745 El Camino Real LP
Iqhq 1745 El Camino LP
Intrafamily Transfer
related
—
Mar 31, 2020
—
Nicholas J Athens
—
Deed
related
$250,000 · Wells Fargo Bank NA
Jul 7, 2017
—
Athens 1996 N J & Candida M Trust
—
Deed
related
$2,820,000 · Wells Fargo Bk
Jul 28, 2005
—
Athens N J & C M 1996 Trust
Athens,nicholas J & Candida M
Quit Claim Deed
related
—
Nov 15, 2000
$2,600,000
Athens,nicholas J & Candida
Deerfield Partners Redwood
Trustees Deed
$1,369,000 · Heller Small Business Lending
Jun 30, 1989
$1,350,000
Deerfield Partne
B.c. Associates
Grant Deed
$1,200,000 · Wells Fargo Bank
—
—
Nicholas J Athens
—
Deed Of Trust
related
$971,000 · Heller Small Business Lending
—
—
Athens,n J & C M 1996 Trust
—
Loan Modification
related
$2,709,000 · Wells Fargo Bank
—
—
Nicholas J Athens
—
Deed Of Trust
related
$1,402,000 · Union Bank Of California
—
—
Athens 1996 N J & Candida M Trust
—
Loan Modification
related
$2,820,000 · Wells Fargo Bk
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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