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Property profile & analytics
OFF-MARKET
Retail space
1927 Bayshore Rd Palo Alto, CA 94303
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2985060
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1947
Total area
1,536 SF
Lot
0.19 ac (8,145 SF)
Zoning code
R100S5
APN
063-492-070
UPID
US10-2985060
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
by Request
Owner & transaction history
John R Macmillan · 11 yrs held
John R Macmillan
since 2015
7 recorded transactions
Zoning & alternative use
R100S5 · Palo Alto, 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 Palo Alto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palo Alto 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
—
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
$10,911
Tax year 2024
Assessed value
$870,434
Assessed 2024
Previous assessed
$870,434
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$765,984
Assessed improvement
$104,450
Applied tax rate
21.0000
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
1947
Heating
NONE
Stories
2
Total area
1,536 SF
Lot
0.19 ac (8,145 SF)
Zoning code
R100S5
APN
063-492-070
UPID
US10-2985060
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R100S5 · Palo Alto, CA
Zoning R100S5 · permitted uses
R100S5 · Palo Alto, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palo Alto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
NONE
Stories
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
John R Macmillan
Individual
Free & Clear · 11 yrs held
Mailing address
230 MADISON AVE, SAN BRUNO, CA 94066-4017
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2015
—
John R Macmillan
Macmillan,john R
Quit Claim Deed
—
Jul 21, 2015
$750,000
Mad 5 Investments LLC
Macmillan,john
Grant Deed
$375,000 · Bank Of The West
Feb 16, 2006
$655,000
Pulgas LLC
Takamine,derek
Grant Deed
—
May 24, 2005
$610,000
Derek Takamine
Salah,youssef
Grant Deed
$409,937 · Youssef Salah
May 24, 2005
—
Derek Takamine
Hamane,donna
Grant Deed
related
—
Jun 25, 1993
$110,000
Youssef Salah
Williamson,harol
Grant Deed
$50,000 · Seller
—
—
Harold D Williamson
—
Deed Of Trust
related
$5,000 · Individual
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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