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Property profile & analytics
OFF-MARKET
Estimated value
$2,170,000
Automotive properties
2121 El Camino Real Redwood City, CA 94063-2803
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2316799
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1984
Total area
4,644 SF
Lot
0.28 ac (12,189 SF)
Zoning code
EA00PO
APN
053-371-170
UPID
US09-2316799
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
-
Midas Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.76M
Blend (final)
Blend
$2.17M
Owner & transaction history
2121 Ecr LP · 3 yrs held
2121 Ecr LP
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
EA00PO · Redwood City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.2M
+50.0%
Neighborhood: shopping center
$2.5M
+18.8%
Commercial (general)
$2.1M
+1.7%
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 Redwood City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redwood City 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
$2,115,000
ML approach
$2,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,110,000
Current use
OFFICE BUILDING
$3,165,000
Change: +50% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,505,000
Change: +19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,145,000
Change: +2% · Conversion: Moderate
RETAIL STORES
$2,010,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$2.17M
Range $1.95M – $2.39M · ±10% · vs last sale $2.13M (Jun 9 2023)
Last sale anchor
$2.13M
Jun 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
$467 / 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
$24,051
Tax year 2024
Assessed value
$2,167,500
Assessed 2024
Previous assessed
$2,167,500
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,989,000
Assessed improvement
$178,500
Applied tax rate
9.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1984
Heating
NONE
Total area
4,644 SF
Lot
0.28 ac (12,189 SF)
Zoning code
EA00PO
APN
053-371-170
UPID
US09-2316799
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
EA00PO · Redwood City, CA
Zoning EA00PO · permitted uses
EA00PO · Redwood City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redwood City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.1M
RETAIL STORES
Est. value
$2.0M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
0.28 ac
Current owner
From public records · entity-resolved
2121 Ecr LP
Entity
Mailing address
30 EAGLES LNDG LN, LAS VEGAS, NV 89141-6061
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2023
$2,125,000
2121 Ecr LP
Glad Family Ljmited Partnership
Grant Deed
$1,705,000 · Glad Family Limited Partnership
May 16, 2019
—
Glad Family LP
—
Deed
related
—
Nov 13, 1995
$413,000
Glad Family LP
Glad,maurice I & Jeanne G
Quit Claim Deed
related
—
Nov 13, 1995
—
Maurice I Glad
Glad Trust
Quit Claim Deed
related
—
Apr 17, 1995
$1,350,000
Richard S Briggs
Amoroso,gilbert J & Julie A
Grant Deed
$729,750 · Bay View Federal Bank
Feb 14, 1994
—
Glad Trust
Glad,maurice I &
Quit Claim Deed
related
—
—
—
Glad Family LP
—
Deed Of Trust
related
$1,230,000 · Pan Pacific Bank
—
—
Glad Family LP
—
Loan Modification
related
—
—
—
Glad Family LP
—
Deed Of Trust
related
$470,000 · Us Bank Of California
—
—
M.&j. Glad
—
Deed Of Trust
related
$492,000 · Security Pacific National Bank
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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