Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2297 Spg St Redwood City, CA 94063-3009

    • Industrial properties
    • 2,750 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $1,535,000
    Last Sale
    Apr 15, 2020
    $1,700,000
    Location Intelligence
    Property ID
    US09-1845650
    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

    • Builders Market / Hardware Store

    Property Details for 2297 Spg St

    Year built
    1949
    Lot size
    0.18 lot acres
    Property size
    2,750 SF
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    054-072-090
    APU
    54072090

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,625,000
      6.5%
      $1,595,000
      7%
      $1,625,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,790,000
      Geo Method
      $1,730,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,565,000
      Retail
      $1,775,000
      Mixed-Use
      $1,920,000
      Hospitality
      $1,580,000
      Educational
      $1,790,000
      Residential Income
      $1,915,000
      Energy
      $1,750,000
      Income-Based Land
      $1,915,000
      Food Service
      $1,555,000

    Location Insight

    • Map
    • Local Demand
    City
    Redwood City
    County
    San Mateo
    State
    California
    Longitude
    -122.213
    Latitude
    37.4837
    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
    $21,329
    $1,318,805
    $503,934
    $1,822,739
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      18,314 SF

      1125 Arguello St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 18,314 SF
      1125 Arguello St, Redwood City, CA 94063-1205
      View Details
    • Value Estimation by Request
      0.23 Acres

      310 Pne St, Unit 318

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 0.23 Acres
      310 Pne St, Redwood City, CA 94063-2242
      View Details
    • Value Estimation by Request
      70.00 Acres

      625 Seaport Blvd, Unit 775

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 70.00 Acres
      625 Seaport Blvd, Redwood City, CA 94063-2712
      View Details
    • Value Estimation by Request
      2.41 Acres

      1402 Maple St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2.41 Acres
      1402 Maple St, Redwood City, CA 94063-2719
      View Details
    • Value Estimation by Request
      0.50 Acres

      1450 Maple St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 0.50 Acres
      1450 Maple St, Redwood City, CA 94063-2719
      View Details
    • Value Estimation
      $160,000
      0.14 Acres

      301 Spruce St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 0.14 Acres
      301 Spruce St, Redwood City, CA 94063-2245
      View Details

    Similar Nearby for Sale

    • $1,800,000
      3,300 SF

      Redwood City Equipment Rental Business

      Established Rental Yard, High ROI Potential
      416 D St, Redwood City, CA 94063
      View Details
    • $4,875,000
      6,324 SF

      Redwood City Redevelopment Opportunity

      Corner lot near downtown Redwood City, primed for redevelopment.
      65 Winslow St, Redwood City, CA 94063
      View Details
    • $3,256,000
      5,920 SF

      Redwood City Industrial Flex Building

      5,920 SF industrial flex building on 0.36 AC lot.
      32 Willow St, Redwood City, CA 94063
      View Details
    • $4,875,000
      6,324 SF

      Redwood City Redevelopment Opportunity

      Corner lot near downtown Redwood City primed for redevelopment.
      Winslow St, Redwood City, CA 94063
      View Details
    • $9,500,000

      Porsche Collector's Dream Property

      Unique opportunity for Porsche enthusiasts or parts/service business.
      Spring St, Redwood City, CA 94063
      View Details
    • $5,426,300
      9,866 SF

      Redwood City Warehouse with Yard

      Industrial warehouse with gated yard and updated facade for sale.
      2566 Bay Rd, Redwood City, CA 94063
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      2,020 SF

      Redwood City Flex / R&D Space

      Flex space with offices, conference rooms, and warehouse.
      1711 E Bayshore Rd, Redwood City, CA 94063
      View Details
    • $5 SF/Yr
      4,740 SF

      Redwood City Office/Flex/Retail/Lab Space

      Customizable 4,740 SF space near Caltrain in Redwood City.
      665 El Camino Real, Redwood City, CA 94063
      View Details
    • $0.99 SF/Yr
      11,388 SF

      Redwood City Flex/Industrial/Office Space

      Flex, industrial, and office space available for lease.
      525-575 Chesapeake Dr, Redwood City, CA 94063
      View Details
    • $1,980,000
      3,600 SF

      Redwood City Flex/Industrial/Office Space

      Flex, industrial, and office spaces available for rent in Redwood City.
      741-745 Warrington Ave, Redwood City, CA 94063
      View Details
    • Contact for pricing
      4,485 SF

      Redwood City Flex Space Available

      Flex space featuring office and warehouse components with fenced yard.
      2680 Middlefield Rd, Redwood City, CA 94063
      View Details
    • $3 SF/Yr
      7,500 SF

      Redwood City Industrial Building

      7,500 SF industrial building with secured yard for lease.
      1003 Arguello St, Redwood City, CA 94063
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2297 Spg St
    Redwood City, CA 94063-3009
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.