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Property profile & analytics
FOR LEASE
Grocery and convenience stores
200 E 4Th Ave San San Mateo, CA 94401
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1303904
For Lease
1 / 2
Contact for pricing
200 E 4Th Ave,Unit San, San Mateo, CA 94401
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Lot
0.24 ac (10,445 SF)
Zoning code
CB000D
APN
034-176-050
UPID
US09-1303904
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
Lane Sm LLC · 6 yrs held
Lane Sm LLC
since 2019
7 recorded transactions
Zoning & alternative use
CB000D · San Mateo, 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 San Mateo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Mateo 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
$157,497
Tax year 2024
Assessed value
$6,974,670
Assessed 2024
Previous assessed
$6,974,670
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$4,760,575
Assessed improvement
$2,214,095
Applied tax rate
12.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Heating
NONE
Lot
0.24 ac (10,445 SF)
Zoning code
CB000D
APN
034-176-050
UPID
US09-1303904
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CB000D · San Mateo, CA
Zoning CB000D · permitted uses
CB000D · San Mateo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Mateo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Lane Sm LLC
Entity
Free & Clear · 6 yrs held
Mailing address
644 MENLO AVE, MENLO PARK, CA 94025-4745
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Oct 1, 2019
$31,312,000
Lane Sm LLC
Draegers Super Markets
Grant Deed
—
Aug 13, 2010
—
Draegers Super Markets
—
Deed Of Trust
related
$8,208,440 · Comerica Bank
Aug 28, 2009
—
Draegers Super Markets
—
Deed Of Trust
related
$8,671,077 · Comerica Bank
Oct 31, 2008
—
Draegers Super Markets
—
Deed Of Trust
related
$8,837,455 · Comerica Bank
Sep 3, 2008
—
Draegers Super Markets
—
Deed Of Trust
related
$8,918,359 · Comerica Bank
Dec 23, 1998
—
Draeger's Super Markets INC
Cps Fifth Ave Corp
Grant Deed
$11,250,000 · Comerica Bank California
Jun 7, 1996
—
Cps Fifth Avenue Corp
—
Grant Deed
related
$8,500,000 · General Bank
May 22, 1991
$2,950,000
Cps Fifth Avenue Corporation
Unknown
Grant Deed
—
—
—
Draegers Supermarkets INC
—
Deed Of Trust
related
$8,000,000 · Comerica Bank California
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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