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Property profile & analytics
OFF-MARKET
Estimated value
$2,165,000
Apartment buildings
250 Waverley St, Menlo Park, CA 94025-3630
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1479530
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1957
Total area
6,935 SF
Lot
0.21 ac (9,013 SF)
APN
062-453-080
UPID
US09-1479530
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
$2.91M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.17M
Owner & transaction history
Cox,kenneth D Trust · 5 yrs held
Cox,kenneth D Trust
since 2020
7 recorded transactions
Zoning & alternative use
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 Menlo Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menlo Park 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,145,000
6.5%
$2,905,000
7%
$2,695,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,525,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,205,000
Change: -17% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,150,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.17M
Range $1.95M – $2.38M · ±10%
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
$312 / 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
$47,230
Tax year 2024
Assessed value
$3,395,864
Assessed 2024
Previous assessed
$3,395,864
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$2,493,838
Assessed improvement
$902,026
Applied tax rate
8.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1957
Heating
CENTRAL
Stories
2
Units
6
Rooms
21
Bathrooms
7
Total area
6,935 SF
Lot
0.21 ac (9,013 SF)
APN
062-453-080
UPID
US09-1479530
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
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.2M
RETAIL STORES
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
1957
Heating
CENTRAL
Stories
2
Units
6
Rooms
21
Bathrooms
7
Lot
0.21 ac
Current owner
From public records · entity-resolved
Cox,kenneth D Trust
Trust
Mailing address
1064 SONOMA AVE, MENLO PARK, CA 94025-1740
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2020
—
Cox,kenneth D Trust
250 Waverley LLC
Quit Claim Deed
—
Jan 31, 2020
—
250 Waverley LLC
250 Waverley Street LLC
Quit Claim Deed
related
$1,400,000 · Provident Cu
Oct 8, 2015
—
250 Waverly Street LLC
Cox Mary R Trust
Quit Claim Deed
—
Aug 22, 2008
—
Mary R Cox
Mary R Cox
Intrafamily Transfer
related
$865,000 · Washington Mutual Bank
Dec 29, 2004
—
Leanne,mary Trust
M L Cox
Grant Deed
$651,320 · Washington Mutual Bk
Apr 16, 2004
—
Cox,tr
Cox,mary L
Quit Claim Deed
related
—
Dec 23, 1998
—
Cox Trust
Cox,mary R
Quit Claim Deed
related
$704,000 · Bay View Bank
Oct 12, 1994
$740,000
Mary R Cox
Haight Trust
Grant Deed
$508,000 · Home Savings Of America
Jul 22, 1993
—
Haight Trust
Haight,trust
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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