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    Property profile & analytics

    2024 Middlefield Rd Redwood City, CA 94063-2831

    • Outlet malls
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US09-1391941
    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

    • AW Distributing / Distribution Service
    • LibertyX Bitcoin Cashier / Money Transfer Service / Atm
    • LibertyX / Atm / Currency Exchange Service
    • Kelcy's Hair Salon / Beauty Salon
    • Muebleria Uruapan / Furniture Store

    Property Details for 2024 Middlefield Rd

    Lot size
    0.15 lot acres
    Zone code
    IP0000
    Property type
    Outlet malls
    APN
    053-355-170
    APU
    53355170

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $280,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $340,000
      Retail
      $320,000
      Mixed-Use
      $325,000
      Hospitality
      $325,000
      Educational
      $320,000
      Residential Income
      $265,000
      Energy
      $280,000
      Income-Based Land
      $280,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    Redwood City
    County
    San Mateo
    State
    California
    Longitude
    -122.219
    Latitude
    37.4807
    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
    $6,464
    $269,500
    $305,373
    $574,873
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.28 Acres

      501 Howland St

      WHOLESALE OUTLET, DISCOUNT STORE • 0.28 Acres
      501 Howland St, Redwood City, CA 94063-1130
      View Details
    • Value Estimation
      $5,515,000
      10,050 SF

      2406 El Camino Real

      WHOLESALE OUTLET, DISCOUNT STORE • 10,050 SF
      2406 El Camino Real, Redwood City, CA 94063-2850
      View Details
    • Value Estimation by Request
      5.16 Acres

      2300 Middlefield Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 5.16 Acres
      2300 Middlefield Rd, Redwood City, CA 94063-2854
      View Details
    • Value Estimation
      $340,000
      0.46 Acres

      1485 Veterans Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 0.46 Acres
      1485 Veterans Blvd, Redwood City, CA 94063-2611
      View Details
    • Value Estimation by Request
      6.99 Acres

      202 Walnut St

      REGIONAL SHOPPING CENTER, MALL • 6.99 Acres
      202 Walnut St, Redwood City, CA 94063-1717
      View Details
    • Value Estimation
      $10,285,000
      80,000 SF

      250 Walnut St

      REGIONAL SHOPPING CENTER, MALL • 80,000 SF
      250 Walnut St, Redwood City, CA 94063-1717
      View Details

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    • $30 SF/Yr

      Redwood City Fitness Center Space

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    Property Visit Statistics

    • Visits by month
      15.5k
    • Visitors by month
      14.3k
    • Avg Time on site
      19 min
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    2024 Middlefield Rd
    Redwood City, CA 94063-2831
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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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