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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Retail space
326 Purissima St Half Moon Bay, CA 94019-1733
Trust Owned
21-yr Hold
~
Est. High Equity
Property ID
US09-0653230
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
WOOD
Total area
1,750 SF
Lot
0.44 ac (19,202 SF)
Zoning code
C20000
APN
056-161-200
UPID
US09-0653230
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$690k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Arvidson Eugene & Joann Trust · 21 yrs held
Arvidson Eugene & Joann Trust
since 2004
7 recorded transactions
Zoning & alternative use
C20000 · Half Moon Bay, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$945,000
+6.1%
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 Half Moon Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Half Moon Bay 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
RETAIL STORES
$890,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$945,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$810,000
Change: -9% · Conversion: Easy
AUTO REPAIR, GARAGE
$795,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$371 / 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
$14,706
Tax year 2024
Assessed value
$1,200,458
Assessed 2024
Previous assessed
$1,200,458
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$600,229
Assessed improvement
$600,229
Applied tax rate
17.0000
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
1989
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
7
Bathrooms
2
Total area
1,750 SF
Lot
0.44 ac (19,202 SF)
Zoning code
C20000
APN
056-161-200
UPID
US09-0653230
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C20000 · Half Moon Bay, CAZoning C20000 · permitted uses
C20000 · Half Moon Bay, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$890,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$810,000
AUTO REPAIR, GARAGE
Est. value
$795,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Arvidson Eugene & Joann Trust
Trust
Mailing address
326 PURISSIMA ST, HALF MOON BAY, CA 94019-1733
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2020
—
Community E T & J A A Pr Trust
—
Deed
related
$169,000 · Bank Of America
Oct 14, 2004
—
Arvidson Eugene & Joann Trust
Thorsett Eugene D Trust
Grant Deed
related
—
Jun 19, 2003
—
Thorsett,tr
Thorsett,eugene D
Quit Claim Deed
related
—
Oct 25, 2002
—
Eugene D Thorsett
Thorsett,tr
Quit Claim Deed
related
$100,000 · Chase Manhattan Bank USA NA
Jun 13, 2000
—
Thorsett Trust
Thorsett,eugene D
Quit Claim Deed
related
—
Apr 18, 2000
$799,000
Eugene D Thorsett
Mello Trust
Grant Deed
$250,000 · First Nationwide Mortgage Corp
Jul 28, 1989
—
M. Mello SR.
Mello SR,m.&m.
Quit Claim Deed
related
$150,000 · Liberty National Bank
—
—
Community E T & J A A Pr Trust
—
Deed Of Trust
related
$169,000 · Bank Of America
—
—
Thorsett Trust
—
Deed Of Trust
related
$100,000 · Bank Of America
—
—
M. Mello SR.
—
Deed Of Trust
related
$180,000 · San Francisco Federal S & L
—
—
Thorsett E & A J Living Trust
—
Deed Of Trust
related
$250,000 · State Farm Bank Fsb
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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