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Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Retail space
3198 Middlefield Rd Redwood City, CA 94063-3762
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1341318
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1951
Total area
5,778 SF
Lot
0.15 ac (6,576 SF)
Zoning code
C10000
APN
060-084-370
UPID
US09-1341318
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
-
Pena Meat & Food Market Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$1.49M
Owner & transaction history
Bechwati Investments LLC · 1 yrs held
Bechwati Investments LLC
since 2024
7 recorded transactions
Zoning & alternative use
C10000 · 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
$1,330,000
ML approach
$1,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±10%
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
$258 / 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
$20,563
Tax year 2024
Assessed value
$1,674,077
Assessed 2024
Previous assessed
$1,674,077
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,287,757
Assessed improvement
$386,320
Applied tax rate
73.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1951
Heating
NONE
Stories
1
Total area
5,778 SF
Lot
0.15 ac (6,576 SF)
Zoning code
C10000
APN
060-084-370
UPID
US09-1341318
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C10000 · Redwood City, CA
Zoning C10000 · permitted uses
C10000 · 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
Year built
1951
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Bechwati Investments LLC
Entity
Mailing address
43053 SABERCAT PL, FREMONT, CA 94539-5649
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2024
—
Bechwati Investments LLC
Cynthia Bechwati Khano
Grant Deed
$541,000 · Citizens Equity First Cu
Jun 30, 2023
—
Cynthia Khano
Elie S Khano
Intrafamily Transfer
related
—
Mar 20, 2017
—
Elie S Khano
—
Deed
related
$1,000,000 · Wells Fargo Bk
Dec 28, 2007
$1,335,000
Elie S Khano
Morgan Stanley Trust NA
Grant Deed
$934,500 · Wells Fargo Bank NA
Dec 20, 2006
—
Robert Randone
Wagner,fernand J & Suzanne
Affidavit Of Death
related
—
Jan 26, 1994
—
Wagner Trust
Wagner,fernand J
Quit Claim Deed
related
—
—
—
Elie S Khano
—
Loan Modification
related
$1,000,000 · Wells Fargo Bk
—
—
Fernand J Wagner
—
Deed Of Trust
related
$135,000 · Norton Trust
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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