Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,465,000
Retail space
1919 Menalto Ave Menlo Park, CA 94025-2863
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1747899
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Total area
7,500 SF
Lot
0.2 ac (8,495 SF)
Zoning code
C20000
APN
062-366-160
UPID
US09-1747899
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
Patrick D Farris · 5 yrs held
Patrick D Farris
since 2021
7 recorded transactions
Zoning & alternative use
C20000 · Menlo Park, 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 Menlo Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menlo Park 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
$195 / 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
$19,450
Tax year 2024
Assessed value
$1,277,402
Assessed 2024
Previous assessed
$1,277,402
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$638,701
Assessed improvement
$638,701
Applied tax rate
8.0000
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
1959
Heating
NONE
Total area
7,500 SF
Lot
0.2 ac (8,495 SF)
Zoning code
C20000
APN
062-366-160
UPID
US09-1747899
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C20000 · Menlo Park, CA
Zoning C20000 · permitted uses
C20000 · Menlo Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Menlo Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Heating
NONE
Lot
0.2 ac
Current owner
From public records · entity-resolved
Patrick D Farris
Individual
Mailing address
180 IRIS WAY, PALO ALTO, CA 94303-3036
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2023
—
Menalto LLC
—
Deed
related
$1,600,000 · First Republic Bank
Feb 18, 2021
—
Patrick D Farris
Farris 2 LLC
Grant Deed
—
May 31, 2007
—
291 Lambert LLC
Patrick D Farris
Grant Deed
$955,000 · Washington Mutual Bank
Jun 16, 2000
—
Farris Trust
Farris,patrick D & Jansie S
Quit Claim Deed
related
—
Jun 24, 1997
—
Patrick D Farris
Riggio,barbara
Grant Deed
$510,000 · Fremont Bank
Jul 19, 1994
—
Barbara Riggio
Riggio,danny A
Quit Claim Deed
related
—
Jul 19, 1994
$258,000
Riggio,barbara
Denson,dale & NA
Trustees Deed
related
—
Jun 9, 1994
$500
Dale Denson
Gilbert Office I
Grant Deed
related
—
Sep 11, 1989
$700,000
Gilbert Office I
Bayco Investment
Grant Deed
$470,000 · Bay View Federal Bank
—
—
Gilbert Office I
—
Deed Of Trust
related
$7,000 · 7th Avenue Inves
—
—
Farris,tr
—
Deed Of Trust
related
$945,000 · Luther Burbank Savings & Loan
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?”
You own 1919 Menalto Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
