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Property profile & analytics
OFF-MARKET
Estimated value
$2,990,000
Office buildings
343 Gellert Blvd, Daly City, CA 94015-2663
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0057064
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1971
Total area
7,200 SF
Lot
0.29 ac (12,519 SF)
Zoning code
C20000
APN
091-541-210
UPID
US09-0057064
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
-
Agoncillo Dental Dental Office
-
Serramonte Dental Care Dental Office
-
Dr. Pons T. Materum Jr, DDS Dental Office
-
Valderrama Dental Corporation Dental Office
-
Majeed Amir DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.11M
CAP Approach
CAP
$2.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.99M
Owner & transaction history
Ronald Rigor · 1 yrs held
Ronald Rigor
since 2025
7 recorded transactions
Zoning & alternative use
C20000 · Daly City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.9M
+5.4%
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 Daly City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Daly 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
$3,235,000
ML approach
$3,110,000
CAP Approach
CAP Return
Estimation
6%
$2,835,000
6.5%
$2,620,000
7%
$2,430,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,620,000
Current use
RESTAURANT
$4,870,000
Change: +5% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,885,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.99M
Range $2.69M – $3.29M · ±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
$415 / 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
$36,151
Tax year 2024
Assessed value
$3,290,777
Assessed 2024
Previous assessed
$3,290,777
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$2,119,484
Assessed improvement
$1,171,293
Applied tax rate
5.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1971
Heating
NONE
Stories
2
Total area
7,200 SF
Lot
0.29 ac (12,519 SF)
Zoning code
C20000
APN
091-541-210
UPID
US09-0057064
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C20000 · Daly City, CA
Zoning C20000 · permitted uses
C20000 · Daly City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Daly City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.6M
RESTAURANT
Est. value
$4.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1971
Heating
NONE
Stories
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Ronald Rigor
Individual
Mailing address
155 ELDERBERRY LN, BRISBANE, CA 94005-1414
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2025
—
Ronald Rigor
Dindo A Espeleta
Grant Deed
—
Sep 21, 2023
—
Dindo A Espeleta
Karen M Espeleta
Intrafamily Transfer
related
—
Jun 21, 2023
—
Dindo A Espeleta
—
Deed
related
$300,000 · Estrella Abalos Etal
Oct 6, 2017
$2,950,000
Dindo A Espeleta
United Ngs LP
Grant Deed
—
Sep 21, 2005
$2,680,000
United Ngs
Serramonte Westborough Associa
Grant Deed
—
Aug 28, 2002
$1,725,000
Serramonte Westborough Assoc
Seagate Buchanan Assoc LLC
Grant Deed
$1,000,000 · United Commercial Bank
Feb 1, 2002
—
Seagate Buchanan Associates
Serramonte Plaza Central Partn
Grant Deed
related
—
Dec 16, 1999
—
Serramonte Plaza Central Partn
Serramonte Plaza LP
Quit Claim Deed
related
—
—
—
Cristanelli Trust
—
Deed Of Trust
related
$110,099 · United California Bank
—
—
Serramonte Westborough Assoc
—
Deed Of Trust
related
$950,000 · East West Bank
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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