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Property profile & analytics
OFF-MARKET
Estimated value
$3,945,000
Retail space
22 B St San Mateo, CA 94401
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1216561
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1931
Total area
20,820 SF
Lot
0.25 ac (10,939 SF)
Zoning code
CB000D
APN
034-152-020
UPID
US09-1216561
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
$3.95M
Owner & transaction history
Pearl S Torre · 6 yrs held
Pearl S Torre
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
$189 / 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
$87,755
Tax year 2024
Assessed value
$2,888,273
Assessed 2024
Previous assessed
$2,888,273
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$1,009,717
Assessed improvement
$1,878,556
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1931
Heating
NONE
Total area
20,820 SF
Lot
0.25 ac (10,939 SF)
Zoning code
CB000D
APN
034-152-020
UPID
US09-1216561
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
Year built
1931
Heating
NONE
Lot
0.25 ac
Current owner
From public records · entity-resolved
Pearl S Torre
Individual
Mailing address
2616 BUCHANAN ST, SAN FRANCISCO, CA 94115-1432
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
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2022
—
Pearl Scialanca Torre
—
Deed
related
$7,250,000 · Bank Of Marin
Jul 26, 2019
—
Pearl S Torre
Torre,earl S
Quit Claim Deed
related
—
Oct 26, 2018
—
Pearl S Torre
—
Deed
related
$2,250,000 · C 2005 Trust (it)
Aug 21, 2018
—
Pearl S Torre
Torre,phil
Quit Claim Deed
related
$650,000 · Bruce & Austin S Herman
Jul 30, 2015
—
Pearl Scialanca Torre
Phil Torre
Intrafamily Transfer
related
$5,150,000 · United American Bank
Dec 2, 1999
$400,000
Shiheiber,hanan
Torre,pearl S
Trustees Deed
—
Jul 24, 1997
—
Pearl S Torre
Torre,phillip
Quit Claim Deed
related
—
Jul 24, 1997
$3,025,000
Torre,pearl S
Koyto Investments
Trustees Deed
$2,150,000 · Owens Financial Group INC
Jul 8, 1988
$1,450,000
Tokoy Investment
Shann
Grant Deed
related
$1,000,000 · Borel Bank & Trust
—
—
Pearl S Torre
—
Deed Of Trust
related
$225,000 · Berman Trust
—
—
Pearl S Torre
—
Deed Of Trust
related
$700,000 · Tuck Investment Co
—
—
Pearl S Torre
—
Deed Of Trust
related
$2,200,000 · Borel Bank & Trust
—
—
Tokoy Investment
—
Deed Of Trust
related
$850,000 · Firstrep Bancorp
—
—
Tokoy Investment
—
Deed Of Trust
related
$104,000 · Individual
—
—
Pearl S Torre
—
Deed Of Trust
related
$700,000 · Tuck Investment Co
—
—
Pearl S Torre
—
Deed Of Trust
related
$2,600,000 · Borel Private Bank & Trust Co
—
—
Pearl S Torre
—
Deed Of Trust
related
$250,000 · C2005 Trust
—
—
Pearl S Torre
—
Loan Modification
related
$450,000 · Bruce Herman
—
—
Tokoy Investments
—
Deed Of Trust
related
$300,000 · Individual
—
—
Pearl S Torre
—
Deed Of Trust
related
$225,000 · Tuck Investment Co
—
—
Pearl S Torre
—
Deed Of Trust
related
$2,250,000 · C 2005 Trust (it)
—
—
Pearl S Torre
—
Loan Modification
related
$550,000 · Bruce Herman
—
—
Pearl S Torre
—
Deed Of Trust
related
$65,000 · San Mateo City (ca)
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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