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Property profile & analytics
OFF-MARKET
Estimated value
$310,000
Warehouses
255 Main St Half Moon Bay, CA 94019-1721
Entity Owned
1-yr Hold
Property ID
US09-1196892
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1930
Total area
1,600 SF
Lot
0.23 ac (10,218 SF)
Zoning code
C20000
APN
056-250-050
UPID
US09-1196892
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
$858k
Blend (final)
Blend
$310k
Owner & transaction history
Kn Properties LLC · 1 yrs held
Kn Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
C20000 · Half Moon Bay, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+67.6%
Neighborhood: shopping center
$865,000
+41.0%
Retail stores
$815,000
+32.9%
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 Half Moon Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Half Moon Bay 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$610,000
Current use
OFFICE BUILDING
$1,025,000
Change: +68% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$865,000
Change: +41% · Conversion: Moderate
RETAIL STORES
$815,000
Change: +33% · Conversion: Moderate
COMMERCIAL (GENERAL)
$740,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$725,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$310k
Range $279k – $341k · ±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
$194 / 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
$5,886
Tax year 2024
Assessed value
$465,800
Assessed 2024
Previous assessed
$465,800
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$362,486
Assessed improvement
$103,314
Applied tax rate
17.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1930
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
1
Total area
1,600 SF
Lot
0.23 ac (10,218 SF)
Zoning code
C20000
APN
056-250-050
UPID
US09-1196892
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C20000 · Half Moon Bay, CAZoning C20000 · permitted uses
C20000 · Half Moon Bay, CA
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
WAREHOUSE, STORAGE Current
Est. value
$610,000
OFFICE BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$865,000
RETAIL STORES
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$740,000
AUTO REPAIR, GARAGE
Est. value
$725,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1930
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Kn Properties LLC
Entity
Mailing address
255 MAIN ST, HALF MOON BAY, CA 94019-1721
Mailing matches property
Yes
Owner-occupied
Yes
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
Sep 25, 2024
$1,600,000
Kn Properties LLC
Nancy M Cunha
Grant Deed
—
Feb 16, 2022
—
Michael Cunha
Beverly M Ashcraft
Gift Deed
related
—
Dec 20, 2018
$640,000
Ashcraft Family Trust
Ashcraft,mark S & Deneane L
Grant Deed
related
—
Jan 9, 2017
—
Cunha Family Trust B
Cunha Ronald
Quit Claim Deed
related
—
Oct 25, 2013
—
Mark S Ashcraft
Ashcraft,mark
Quit Claim Deed
related
—
Jul 14, 2011
—
Mark Ashcraft
Ashcraft,beverly M
Quit Claim Deed
related
—
Jun 15, 2011
—
Beverly M Ashcroft
Ashcraft Family Trust A
Quit Claim Deed
related
—
—
—
Keet Nerhan
—
Deed Of Trust
related
$322,000 · East West Bank
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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