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    Property profile & analytics

    199 Taylor Blvd Millbrae, CA 94030-1915

    • Retail space
    • 2,477 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $1,510,000
    Last Sale
    Mar 16, 2021
    $1,475,000
    Location Intelligence
    Property ID
    US09-1516595
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Optica Optometry / Optometrist
    • Dr. Michael Chew / Optometrist / Practitioner Service Location
    • Dr. Marianne Florendo / Optometrist
    • Marianne Valila Florendo / Optometrist

    Property Details for 199 Taylor Blvd

    Year built
    1964
    Lot size
    0.11 lot acres
    Property size
    2,477 SF
    Zone code
    R10000
    Property type
    Retail space
    APN
    024-115-260
    APU
    24115260

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,485,000
      6.5%
      $1,430,000
      7%
      $1,505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,455,000
      Geo Method
      $1,365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,640,000
      Retail
      $1,340,000
      Mixed-Use
      $1,475,000
      Hospitality
      $1,265,000
      Educational
      $1,475,000
      Residential Income
      $1,585,000
      Energy
      $1,400,000
      Income-Based Land
      $1,450,000
      Food Service
      $1,355,000

    Location Insight

    • Map
    • Local Demand
    City
    Millbrae
    County
    San Mateo
    State
    California
    Longitude
    -122.394
    Latitude
    37.6022
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $22,547
    $839,146
    $1,050,214
    $1,889,360
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      365 El Camino Real

      RETAIL STORES (PERSONAL SERVICES) • 0.13 Acres
      365 El Camino Real, Millbrae, CA 94030-2609
      View Details
    • Value Estimation by Request
      2,350 SF

      309 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 2,350 SF
      309 Broadway, Millbrae, CA 94030-2509
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    • Value Estimation by Request
      1,200 SF

      230 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      230 Broadway, Millbrae, CA 94030-2508
      View Details
    • Value Estimation by Request
      0.12 Acres

      301 Broadway, Unit 307

      RETAIL STORES (PERSONAL SERVICES) • 0.12 Acres
      301 Broadway, Millbrae, CA 94030-2509
      View Details
    • Value Estimation
      $19,635,000
      28,284 SF

      959 El Camino Real

      RETAIL STORES (PERSONAL SERVICES) • 28,284 SF
      959 El Camino Real, Millbrae, CA 94030-2011
      View Details
    • Value Estimation
      $2,695,000
      0.17 Acres

      1781 El Camino Real

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
      1781 El Camino Real, Millbrae, CA 94030-1215
      View Details

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    199 Taylor Blvd
    Millbrae, CA 94030-1915
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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