Entity Owned Property summary
AI-generated overview
A 48,244-square-foot creative office property with Class A improvements and installed furnishings. The interior features exposed ceilings and floor-to-ceiling glass to provide extensive natural light, along with private decks offering bay views. The building includes a two-story open entrance lobby and an all-hands area designed to accommodate up to 300 people. It is situated adjacent to the Hillsdale Caltrain Station and within walking distance of the Hillsdale Shopping Center and Park Place amenities. Onsite amenities include secured covered parking, bicycle storage, and shower/locker room facilities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2017
Total area
188,303 SF
Lot
1.76 ac (76,713 SF)
APN
040-031-280
UPID
US09-5268299
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Physician
-
Bank Credit Union
-
(Bike/Boat/Book/etc) Store Corporate Office
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$60.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$60.74M
Owner & transaction history
since 2015
4 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$60.74M
Value range
$54.67M – $66.81M
±10% around blend
Estimated value / SF
$323 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
$54.67M
blend $60.74M
$66.81M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
188,303 SF
Lot area
1.76 ac
Year built
2017
Stories
4
APN
040-031-280
Assessed value
$132,953,265
Annual tax
$1,838,303
3
Income approach: direct capitalization
Partial preview
Income approach indication
$60.04M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$65.04M
@ 6.5% CAP return
$60.04M
@ 7% CAP return
$55.75M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$60.74M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 36 sales
$652
-51%
County 168 sales
$641
-50%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $323/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$132.95M
Move the market yield to see immediate price impact.
Value / SF
$706
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$8.38M
$167.52M
$119.66M
$93.07M
$9.31M
$186.13M
$132.95M
$103.41M
$10.24M
$204.75M
$146.25M
$113.75M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,838,303
Tax year 2024
Assessed value
$132,953,265
Assessed 2024
Previous assessed
$132,953,265
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$2,348,894
Assessed improvement
$130,604,371
Applied tax rate
12.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2017
Heating
NONE
Stories
4
Total area
188,303 SF
Lot
1.76 ac (76,713 SF)
APN
040-031-280
UPID
US09-5268299
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Stories
4
Lot
1.76 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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