Technical
Financial
Distress signals
Property profile

2297 Spg St Redwood City, CA 94063

OFF-MARKET
Industrial properties
Property ID
US09-1845650
2,750 SF 0.18 ac lot Built 1949
Individually Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1949
Total area 2,750 SF
Lot 0.18 ac (7,958 SF)
APN 054-072-090
UPID US09-1845650

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply Hardware & Home Improvement

Location

2297 Spg St Redwood City, CA 94063-3009
Redwood City metro Census 610500 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.45M
CAP Approach CAP
$1.37M
Comparable Approach Comparable
$1.70M
Blend (final) Blend
$1.33M

Owner & transaction history

since 2020
Last sale
$1.7M
6 recorded transactions
2020
$1.7M
2020
Price N/A
2020
$1.1M
2016
Price N/A
2015
Price N/A
1993
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.9M +47.4%
Neighborhood: shopping center $1.5M +16.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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