New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,335,000
Warehouses
3400 3rd Ave, Foster City, CA 94404-1101
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1842852
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Total area
23,232 SF
Lot
1.54 ac (67,148 SF)
Zoning code
M10000
APN
094-010-600
UPID
US09-1842852
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.34M
Owner & transaction history
San Mateo Bay Bldg Assocs LLC · 6 yrs held
San Mateo Bay Bldg Assocs LLC
since 2019
7 recorded transactions
Zoning & alternative use
M10000 · Foster 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 Foster City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Foster 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$144 / 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
$36,947
Tax year 2024
Assessed value
$3,159,188
Assessed 2024
Previous assessed
$3,159,188
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$343,220
Assessed improvement
$2,815,968
Applied tax rate
20.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Heating
NONE
Stories
1
Total area
23,232 SF
Lot
1.54 ac (67,148 SF)
Zoning code
M10000
APN
094-010-600
UPID
US09-1842852
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
M10000 · Foster City, CA
Zoning M10000 · permitted uses
M10000 · Foster City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Foster City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Stories
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
San Mateo Bay Bldg Assocs LLC
Entity
Free & Clear · 6 yrs held
Mailing address
10432 SHADYRIDGE DR, SANTA ANA, CA 92705-1587
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Dec 19, 2019
—
San Mateo Bay Bldg Assocs LLC
Sybilla Balkanski
Quit Claim Deed
—
Nov 16, 2016
—
Mathilde M Spiekermann
Spiekermann Josef
Affidavit Of Death
related
—
Feb 21, 2014
$155,000
Sybilla A Balkanski
Ellis Barbara S 2003 Trust
Grant Deed
related
—
Jan 20, 2009
—
Vallarta Vanessa W 2005 Trust
Vallarta,vanessa W
Quit Claim Deed
related
—
Jun 27, 2003
—
Ellis,tr
Ellis,barbara
Quit Claim Deed
related
—
Jan 9, 2003
—
S Balkanski
Balkanski,tr
Quit Claim Deed
related
—
Oct 18, 2001
—
Peitzmann Trust
Peitzmann Trust
Quit Claim Deed
related
—
Jul 14, 1999
—
Peitzmann Trust
Peitzmann,august
Quit Claim Deed
related
—
Sep 18, 1998
—
August Peitzmann
San Mateo Bay Building Assoc
Grant Deed
related
—
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.
Try Rey
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