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Property profile & analytics
OFF-MARKET
Estimated value
$3,465,000
Retail space
2023 Bayshore Rd East Palo Alto, CA 94303-3218
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5422214
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1945
Total area
7,400 SF
Lot
0.31 ac (13,636 SF)
Zoning code
GM
APN
008-01-056
UPID
US09-5422214
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
$3.36M
CAP Approach
CAP
$3.08M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.47M
Owner & transaction history
Gv Sunnyvale LLC · 3 yrs held
Gv Sunnyvale LLC
since 2023
Last sale
$3.6M
3 recorded transactions
Zoning & alternative use
GM · East Palo Alto, 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 East Palo Alto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Palo Alto 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
$3,405,000
ML approach
$3,360,000
CAP Approach
CAP Return
Estimation
6%
$3,330,000
6.5%
$3,075,000
7%
$2,855,000
Blend value · Realmo final
$3.47M
Range $3.12M – $3.81M · ±10% · vs last sale $3.55M (Jan 9 2023)
Last sale anchor
$3.55M
Jan 9 2023
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
$468 / 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
$36,522
Tax year 2024
Assessed value
$3,009,000
Assessed 2024
Previous assessed
$3,009,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,754,000
Assessed improvement
$255,000
Applied tax rate
6.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1945
Heating
NONE
Stories
1
Units
2
Total area
7,400 SF
Lot
0.31 ac (13,636 SF)
Zoning code
GM
APN
008-01-056
UPID
US09-5422214
Jurisdiction
SANTA CLARA
Zoning & alternative use
GM · East Palo Alto, CA
Zoning GM · permitted uses
GM · East Palo Alto, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Palo Alto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Heating
NONE
Stories
1
Units
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Gv Sunnyvale LLC
Entity
Mailing address
3060 NEW JERSEY AVE, SAN JOSE, CA 95124-2137
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2023
$3,550,000
Gv Sunnyvale LLC
Scott Yeaman
Grant Deed
$1,802,000 · First Citizens Bank & Trust Co
Jan 9, 2023
—
Scott R Yeaman
Santa Clara Valley Water District
Quit Claim Deed
$1,441,000 · First Citizens Bank & Trust Co
Feb 13, 2017
—
Department Of Transportation
Yeaman,scott R
Quit Claim Deed
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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