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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Office buildings
1870 El Camino Real Burlingame, CA 94010-3128
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0920321
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Lot
0.79 ac (34,566 SF)
Zoning code
CL00C1
APN
025-150-190
UPID
US09-0920321
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
-
Dr. Michael E. Bahlinger Dental Office
-
City Driving School Training Center Vocational School
-
Town & Country Insurance Services, Inc. Insurance Agency
-
Covered California Certified Agent Insurance Agency
-
Hot Rod Insurance Services Inc. Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.57M
Owner & transaction history
Prime Plaza Holding LLC · 5 yrs held
Prime Plaza Holding LLC
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
CL00C1 · Burlingame, 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 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
$1,565,000
ML approach
$1,615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±10% · vs last sale $1.50M (Jul 15 2021)
Last sale anchor
$1.50M
Jul 15 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
—
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
$29,619
Tax year 2024
Assessed value
$2,470,164
Assessed 2024
Previous assessed
$2,470,164
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,432,699
Assessed improvement
$1,037,465
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Heating
NONE
Lot
0.79 ac (34,566 SF)
Zoning code
CL00C1
APN
025-150-190
UPID
US09-0920321
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00C1 · Burlingame, CAZoning CL00C1 · permitted uses
CL00C1 · Burlingame, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.79 ac
Current owner
From public records · entity-resolved
Prime Plaza Holding LLC
Entity
Mailing address
1870 EL CAMINO REAL STE #100, BURLINGAME, CA 94010-3107
Mailing matches property
Yes
Owner-occupied
Yes
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2021
—
Prime Plaza Holding LLC
Prime Plaza Partnership LP
Intrafamily Transfer
related
$7,400,000 · Murchison California Holding Compan
Mar 10, 2020
—
Prime Plaza Ptshp LP
—
Deed
related
$5,400,000 · Lone Oak Fund
Mar 1, 2019
—
Prime Plaza LLC
—
Grant Deed
related
$5,400,000 · Lone Oak Fund
Feb 6, 2019
—
Prime Plaza LLC
—
Deed
related
$1,500,000 · Edm Realty Corp
Sep 28, 2018
—
Prime Plaza LLC
—
Deed
related
$1,500,000 · Preferred Bk
Oct 5, 2016
—
Prime Plaza LLC
—
Deed
related
$1,000,000 · Edm Realty Corp
Aug 12, 2016
—
Prime Plaza LLC
—
Deed
related
$1,700,000 · Preferred Bank
Jan 20, 2006
—
Prime Plaza LLC
1860 El Camino Real LLC
Quit Claim Deed
related
—
Oct 27, 2004
—
Prime Plaza LLC
Mills-peninsula Hospitals
Quit Claim Deed
related
—
Jun 20, 2000
—
Prime Plaza LLC
Wong,shirlin
Grant Deed
related
—
Dec 13, 1994
$1,500,000
Shirlin Wong
Fraser,robert D & Barbara L
Grant Deed
—
Jul 26, 1994
—
Barbara L Fraser
Fraser,robert D
Quit Claim Deed
related
$950,000 · Imperial Thrift & Loan
—
—
Fraser R.
—
Deed Of Trust
related
$113,000 · Glenborough Oper
—
—
Prime Plaza LLC
—
Loan Modification
related
$1,500,000 · Preferred Bk
—
—
Prime Plaza LLC
—
Deed Of Trust
related
$1,000,000 · Edm Realty Corp
—
—
Prime Plaza Ptshp LP
—
Deed Of Trust
related
$5,400,000 · Lone Oak Fund
—
—
Prime Plaza LLC
—
Loan Modification
related
$1,500,000 · Edm Realty Corp
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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