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Property profile & analytics
FOR LEASE
Office buildings
1825 S Grant St San Mateo, CA 94402
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2001999
For Lease
1 / 3
$5,145,000
1825 S Grant St, San Mateo, CA 94402
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1984
Total area
397,793 SF
Lot
10.48 ac (456,666 SF)
Zoning code
CL00C1
APN
035-243-090
UPID
US09-2001999
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
-
Trailblaze (Bike/Boat/Book/etc) Store Corporate Office
-
Alteryx (Bike/Boat/Book/etc) Store Corporate Office
-
The Crossroads San Mateo Business Service Center Corporate Office
-
Bayspring Real Estate Partners Real Estate Agency
-
Vineyard Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.15M
Owner & transaction history
1825 Sg Corp · 14 yrs held
1825 Sg Corp
since 2012
6 recorded transactions
Zoning & alternative use
CL00C1 · 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
$13 / 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
$3,361,274
Tax year 2024
Assessed value
$294,190,812
Assessed 2024
Previous assessed
$294,190,812
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$72,420,153
Assessed improvement
$221,770,659
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1984
Heating
NONE
Stories
10
Total area
397,793 SF
Lot
10.48 ac (456,666 SF)
Zoning code
CL00C1
APN
035-243-090
UPID
US09-2001999
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00C1 · San Mateo, CA
Zoning CL00C1 · permitted uses
CL00C1 · 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
1984
Heating
NONE
Stories
10
Lot
10.48 ac
Current owner
From public records · entity-resolved
1825 Sg Corp
Entity
Free & Clear · 14 yrs held
Mailing address
200 STATE ST, BOSTON, MA 02109-2605
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2019
—
Bcsp Crossroads Property LLC
—
Deed
related
$214,770,000 · Metlife Commercial Mortgage Originator L
Aug 17, 2016
—
Bcsp Crossroads Property LLC
—
Deed
related
$112,800,000 · Miscellaneous Ins Co
Jun 22, 2012
—
1825 Sg Corp
Concar Ents INC
Grant Deed
—
—
—
Bcsp Crossroads Property LLC
—
Deed Of Trust
related
$112,800,000 · Miscellaneous Ins Co
—
—
Crossroads Associates
—
Deed Of Trust
related
—
—
—
Crossroads Associates
—
Deed Of Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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