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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Warehouses
201 Princeton Ave El Granada, CA 94018
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2269833
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Total area
2,400 SF
Lot
0.07 ac (2,914 SF)
APN
047-036-560
UPID
US09-2269833
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
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$346k
Blend (final)
Blend
$500k
Owner & transaction history
Warren,fullemann Family Trust · 5 yrs held
Warren,fullemann Family Trust
since 2020
Last sale
$500,000
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 El Granada submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Granada 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
$495,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $500k (Nov 18 2020)
Last sale anchor
$500k
Nov 18 2020
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
$208 / 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
$10,703
Tax year 2024
Assessed value
$615,702
Assessed 2024
Previous assessed
$615,702
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$307,851
Assessed improvement
$307,851
Applied tax rate
87.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Heating
NONE
Stories
2
Total area
2,400 SF
Lot
0.07 ac (2,914 SF)
APN
047-036-560
UPID
US09-2269833
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
2003
Heating
NONE
Stories
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Warren,fullemann Family Trust
Trust
Mailing address
2 VIS LN, BURLINGAME, CA 94010-5934
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2020
—
Warren,fullemann Family Trust
Susan Fullemann
Quit Claim Deed
related
—
May 9, 2012
$500,000
Susan Fullemann
Griffin C & J 2009 Trust
Grant Deed
—
Apr 17, 2009
—
Griffin Craig & J 2009 Trust
Griffin,craig A & Jeri A
Quit Claim Deed
related
—
Mar 4, 2008
—
Craig A Griffin
Griffin Craig A 2005 Trust
Quit Claim Deed
related
—
Dec 9, 2005
—
Griffin Craig A 2005 Trust
Griffin,craig A
Quit Claim Deed
related
—
—
—
Griffin Craig A 2005 Trust
—
Deed Of Trust
related
$150,000 · Stone Creek Village LLC
—
—
Craig A Griffin
—
Deed Of Trust
related
$100,000 · Gary Capurro
—
—
Griffin Craig A 2005 Trust
—
Deed Of Trust
related
$200,000 · Derry Trust
—
—
Griffin Craig & J 2009 Trust
—
Deed Of Trust
related
$75,000 · Kenneth & Jane Mountain
—
—
Griffin Craig & J 2009 Trust
—
Deed Of Trust
related
$50,000 · Kenneth & Jane Mountain
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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