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Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Manufacturing properties
20 Kelly Ct Menlo Park, CA 94025-1418
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-5278573
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2014
Total area
37,304 SF
Lot
1.54 ac (66,996 SF)
APN
055-433-340
UPID
US09-5278573
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
-
CSBio Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.69M
Owner & transaction history
Yowei Menlo Park LLC · 4 yrs held
Yowei Menlo Park LLC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
$1,635,000
ML approach
$1,520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.69M
Range $1.52M – $1.86M · ±10% · vs last sale $1.80M (Mar 21 2022)
Last sale anchor
$1.80M
Mar 21 2022
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
$45 / 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
$150,093
Tax year 2024
Assessed value
$12,932,234
Assessed 2024
Previous assessed
$12,932,234
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$4,268,949
Assessed improvement
$8,663,285
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2014
Heating
NONE
Stories
3
Total area
37,304 SF
Lot
1.54 ac (66,996 SF)
APN
055-433-340
UPID
US09-5278573
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Stories
3
Lot
1.54 ac
Current owner
From public records · entity-resolved
Yowei Menlo Park LLC
Entity
Mailing address
20 KELLY CT, MENLO PARK, CA 94025-1418
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2025
—
Yowei Menlo Park LLC
—
Deed
related
$5,000,000 · East West Bank
Mar 21, 2022
—
Yowei Menlo Park LLC
Ccs Management LLC
Intrafamily Transfer
related
—
Jun 24, 2021
—
Ccs Management LLC
—
Deed
related
$15,500,000 · Royal Business Bank
Aug 11, 2017
—
C S Bio Co
—
Deed
related
$1,529,400 · Comerica Bk
Aug 25, 2016
—
Ccs Management LLC
—
Deed
related
$6,968,300 · Comerica Bk
May 12, 2016
—
Ccs Management LLC
—
Deed
related
$5,500,000 · Bay Area Employment Dev
Sep 30, 2013
—
Heng W Chang
Chang H W & H Y Trust
Quit Claim Deed
related
$6,968,300 · Comerica Bk
Aug 2, 2013
$1,800,000
Ccs Management LLC
Chang,heng W
Grant Deed
—
Jul 19, 2011
—
Chang,heng W & Hsiao Y Trust
Chang,heng W
Quit Claim Deed
related
—
—
—
Chang,heng W
—
Deed Of Trust
related
$1,900,000 · Jp Morgan Chase Bk
—
—
Chang,heng W
—
Deed Of Trust
related
$2,100,000 · City Nat'l Bk
—
—
Ccs Management LLC
—
Deed Of Trust
related
$5,500,000 · Bay Area Employment Dev
—
—
Ccs Management LLC
—
Loan Modification
related
$6,968,300 · Comerica Bk
—
—
C S Bio Co
—
Deed Of Trust
related
$1,529,400 · Comerica Bk
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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