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Financial
Distress signals
Property profile

2565 Middlefield Rd Redwood City, CA 94063

FOR LEASE
Other warehouses
Property ID
US09-0788431
10,520 SF 0.36 ac lot Built 1960
Last sale Jun 2025 · $3,215,500
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a standalone warehouse facility in Redwood City, California, located at 2565–2569 Middlefield Road on an approximately 15,778-square-foot lot. It contains 10,400 square feet of warehouse space configured as two separate units. The electrical service totals 800 amps, with 400 amps assigned to each unit. The warehouse height is approximately 18 feet clear, and the building has two grade-level loading doors. Site amenities include six parking spaces, and the overall warehouse and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$22k
Tax billed · 2024
Assessed value$1.88M
Assessed land$942k
Assessed improvement$942k
Effective rate1.19%

Value estimate

· Oct 2026
$3.39M
$3.05M – $3.72M
Submarket $/SF estimate$3.40M
NOI build-up
Gross scheduled income$355k
Vacancy & credit loss−$17k
Operating expenses−$101k
NOI · 11,277,380.95% cap applied$237k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$328/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$109 – $579
Qualifying comparables8

Cap rate analysis

How does the asset earn?
11,277,380.95%
$237k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CH00CN
JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.9
Locksmith9.7
Realty agency8.9

Location

2565 Middlefield Rd Redwood City, CA 94063
County assessor Recorded deeds · 4 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
517 Bayshore, Redwood City, CA 94063-2717 $3,950,000 Sep 2024 9,888 SF
871 Charter, Redwood City, CA 94063-3004 $620,000 Jun 2024 11,497 SF
840 Warrington, Redwood City, CA 94063-3528 $540,000 Jan 2024 8,007 SF
867 2nd, Redwood City, CA 94063-3973 $14,948,500 Jan 2024 9,760 SF
2910 Bay, Redwood City, CA 94063-3934 $2,600,000 Jan 2024 7,400 SF
939 Broadway, Redwood City, CA 94063-3106 $9,500,000 Sep 2023 10,160 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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