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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Retail space
2309 Palmetto Ave Ste B1, Pacifica, CA 94044-2736
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-1333839
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
1,935 SF
Lot
0.02 ac (989 SF)
APN
115-540-020
UPID
US09-1333839
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
$900k
CAP Approach
CAP
$760k
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$900k
Owner & transaction history
Darcy William Duckenfield · 2 yrs held
Darcy William Duckenfield
since 2024
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+26.1%
Neighborhood: shopping center
$1.0M
+6.1%
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 Pacifica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacifica 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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$760,000
7%
$705,000
Alternative Use
Use
Estimation
RETAIL STORES
$985,000
Current use
OFFICE BUILDING
$1,240,000
Change: +26% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,045,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$895,000
Change: -9% · Conversion: Easy
AUTO REPAIR, GARAGE
$880,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Apr 30 2024)
Last sale anchor
$900k
Apr 30 2024
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
$465 / 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
$8,968
Tax year 2024
Assessed value
$627,830
Assessed 2024
Previous assessed
$627,830
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$313,915
Assessed improvement
$313,915
Applied tax rate
16.0000
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
2000
Heating
NONE
Stories
2
Total area
1,935 SF
Lot
0.02 ac (989 SF)
APN
115-540-020
UPID
US09-1333839
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$985,000
OFFICE BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$895,000
AUTO REPAIR, GARAGE
Est. value
$880,000
RETAIL STORES Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2000
Heating
NONE
Stories
2
Lot
0.02 ac
Current owner
From public records · entity-resolved
Darcy William Duckenfield
Individual
Mailing address
62 PALOMA AVE APT D, PACIFICA, CA 94044-2267
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
—
Darcy William Duckenfield
Darcy William Duckenfield
Intrafamily Transfer
related
—
Apr 23, 2024
$900,000
Darcy William Duckenfield
Ruth Recalde
Grant Deed
$450,000 · Douglas Sykes
Apr 23, 2024
—
Darcy William Duckenfield
Claire Delinois
Intrafamily Transfer
related
—
Apr 8, 2020
—
Ruth Recalde
Carlos M Recalde
Quit Claim Deed
related
—
Dec 23, 2010
—
Ruth Recalde
Recalde,j Carlos M & Ruth
Quit Claim Deed
related
$285,200 · Bank Of America
Dec 8, 2000
$425,000
Recalde J C
Palmetto Plaza INC
Grant Deed
—
—
—
Recalde J C M
—
Deed Of Trust
related
$315,900 · Bank Of America
—
—
Recalde J C M
—
Deed Of Trust
related
$117,900 · Bank Of America
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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