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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Manufacturing properties
256 Industrial Way Brisbane, CA 94005
Entity Owned
29-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1594703
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1920
Total area
16,422 SF
Lot
1.23 ac (53,492 SF)
Zoning code
ML00M1
APN
005-311-010
UPID
US09-1594703
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
by Request
Blend (final)
Blend
$1.21M
Owner & transaction history
Sierra Hotel Management Corp · 29 yrs held
Sierra Hotel Management Corp
since 1996
7 recorded transactions
Zoning & alternative use
ML00M1 · Brisbane, CA
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 Brisbane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brisbane 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$74 / 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
$12,781
Tax year 2024
Assessed value
$911,733
Assessed 2024
Previous assessed
$911,733
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$609,954
Assessed improvement
$301,779
Applied tax rate
18.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1920
Heating
NONE
Total area
16,422 SF
Lot
1.23 ac (53,492 SF)
Zoning code
ML00M1
APN
005-311-010
UPID
US09-1594703
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
ML00M1 · Brisbane, CA
Zoning ML00M1 · permitted uses
ML00M1 · Brisbane, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brisbane. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Lot
1.23 ac
Current owner
From public records · entity-resolved
Sierra Hotel Management Corp
Entity
Mailing address
150 EXECUTIVE PARK BLVD #42, SAN FRANCISCO, CA 94134-3303
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1996
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
Sep 17, 1996
—
Sierra Hotel Management Corp
L & A Kessler Family Partners
Grant Deed
related
—
Sep 13, 1996
$287,500
Lek INC
Kessler,leland E
Grant Deed
—
Sep 12, 1996
—
Leland E Kessler
Kessler,elizabeth A
Quit Claim Deed
related
—
Oct 12, 1995
—
Donald B Kessler
Kessler,teryl J
Quit Claim Deed
related
—
Apr 10, 1995
—
Kessler Trust
Kessler,leslie M & Alice G
Quit Claim Deed
related
—
Jul 11, 1994
—
Ageno Trust
Ageno,edward S
Quit Claim Deed
related
—
Jul 9, 1993
—
Leslie Kessler
Kessler,leslie&a
Quit Claim Deed
related
—
—
—
Brisbane Bayshore Props INC
—
Deed Of Trust
related
$14,500,000 · East West Bank
—
—
Brisbane Bayshore Props INC
—
Deed Of Trust
related
$3,000,000 · 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.
Try Rey
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