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Property profile & analytics
OFF-MARKET
Estimated value
$19,270,000
Sports & entertainment properties
2575 Bayshore Rd Redwood City, CA 94063-4117
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1330956
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Lot
1.46 ac (63,815 SF)
Zoning code
ML0000
APN
054-131-050
UPID
US09-1330956
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
Current use
Occupant on record · Public records
-
The Foundry Gym & Fitness Center Sports Field & Court
-
Encore Volleyball Club Gym & Fitness Center
-
Home Chef Cooking School & Events Vocational School Training Center
-
LEMO ACTIVATED Training Center
-
8020 cookie factory (Bike/Boat/Book/etc) Store Bakery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$19.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.27M
Owner & transaction history
Coscinelle LLC · 2 yrs held
Coscinelle LLC
since 2024
Last sale
$19.3M
7 recorded transactions
Zoning & alternative use
ML0000 · Redwood City, 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 Redwood City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redwood City 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
$19,270,000
ML approach
$19,270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$19.27M
Range $17.34M – $21.20M · ±10% · vs last sale $19.27M (Jul 1 2024)
Last sale anchor
$19.27M
Jul 1 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
—
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
$32,622
Tax year 2024
Assessed value
$2,609,145
Assessed 2024
Previous assessed
$2,609,145
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,202,146
Assessed improvement
$1,406,999
Applied tax rate
9.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Heating
NONE
Lot
1.46 ac (63,815 SF)
Zoning code
ML0000
APN
054-131-050
UPID
US09-1330956
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
ML0000 · Redwood City, CA
Zoning ML0000 · permitted uses
ML0000 · Redwood City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redwood City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.46 ac
Current owner
From public records · entity-resolved
Coscinelle LLC
Entity
Mailing address
525 DNA WAY, SOUTH SAN FRANCISCO, CA 94080-4943
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
$19,270,000
Coscinelle LLC
William L Butler
Grant Deed
$6,370,000 · Bank Of San Francisco
Feb 15, 2022
—
William L Butler
Bfp Holdings LLC
Grant Deed
—
Jul 18, 2014
—
Bfp Holdings LLC
Bfp Holdings LLC
Grant Deed
related
$3,036,400 · First Republic Bank
Jan 27, 1995
—
Bfp Partners
—
Grant Deed
related
$1,145,000 · Silicon Valley Bank
Oct 21, 1994
$670,000
Bfp Partners
Franklin/monroe Corp
Grant Deed
$115,500 · Seller
Jul 29, 1994
$650,000
Franklin/monroe Corp
Bailey,max H & B
Grant Deed
—
—
—
Bfp Partners
—
Deed Of Trust
related
$1,500,000 · Wells Fargo Bank
—
—
Bfp Partners
—
Deed Of Trust
related
$1,350,000 · American Fidelity Assurance Co
—
—
Bfp Partners
—
Deed Of Trust
related
$3,500,000 · First Republic 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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