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Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Office buildings
1970 Bch Park Blvd, Foster City, CA 94404-1327
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0642732
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1980
Total area
11,246 SF
Lot
1.03 ac (44,757 SF)
Zoning code
CO0000
APN
094-191-170
UPID
US09-0642732
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
$3.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.73M
Owner & transaction history
Turtle Grove Properties LLC · 14 yrs held
Turtle Grove Properties LLC
since 2011
7 recorded transactions
Zoning & alternative use
CO0000 · Foster City, 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 Foster City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Foster 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,885,000
6.5%
$3,585,000
7%
$3,330,000
Blend value · Realmo final
$2.73M
Range $2.45M – $3.00M · ±10%
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
$242 / 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
$50,757
Tax year 2024
Assessed value
$4,359,250
Assessed 2024
Previous assessed
$4,359,250
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,462,853
Assessed improvement
$1,896,397
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Year built
1980
Heating
NONE
Stories
2
Total area
11,246 SF
Lot
1.03 ac (44,757 SF)
Zoning code
CO0000
APN
094-191-170
UPID
US09-0642732
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CO0000 · Foster City, CA
Zoning CO0000 · permitted uses
CO0000 · Foster City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Foster City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Stories
2
Lot
1.03 ac
Current owner
From public records · entity-resolved
Turtle Grove Properties LLC
Entity
Mailing address
1998 BCH PARK BLVD, FOSTER CITY, CA 94404-1327
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2016
—
Turtle Grove Properties LLC
—
Deed
related
$4,815,000 · Wells Fargo Bank NA
Nov 10, 2011
$6,000,000
Turtle Grove Properties LLC
Kc Funding LLC
Grant Deed
$3,000,000 · Bank Of Marin
Jul 9, 2009
$6,000,000
Kc Funding LLC
Kids Connection INC
Grant Deed
$4,100,000 · Bank Of Marin
Oct 28, 1999
$2,600,000
Kids Connection INC
Estseigle Co
Grant Deed
$1,950,000 · Pacific Bank NA
—
—
Kids Connection INC
—
Deed Of Trust
related
$5,340,800 · City National Bank
—
—
Kids Connection INC
—
Deed Of Trust
related
$50,000 · City National Bank
—
—
Kids Connection INC
—
Deed Of Trust
related
$1,500,000 · City National Bank
—
—
Kids Connection INC
—
Deed Of Trust
related
$200,000 · Brian Fitzpatrick
—
—
Kids Connection INC
—
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.
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