Property profile

2966 Bay Rd Redwood City, CA 94063

OFF-MARKET
Office buildings
Property ID
US09-0114071
1,450 SF 0.16 ac lot Built 1948
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1948
Total area 1,450 SF
Lot 0.16 ac (6,884 SF)
Zoning code ML00M1
APN 054-172-060
UPID US09-0114071

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2966 Bay Rd Redwood City, CA 94063-3977
Redwood City metro Census 610500 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.50M

Owner & transaction history

since 2024
Last sale
$1.5M
7 recorded transactions
2024
Price N/A
2023
Price N/A
2021
Price N/A
2020
Price N/A
2020
$1.5M
2016
Price N/A
2007
Price N/A

Zoning & alternative use

ML00M1 · Redwood City, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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