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Property profile & analytics
OFF-MARKET
Estimated value
$2,965,000
Warehouses
3475 Edison Way Menlo Park, CA 94025-1873
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1991963
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Total area
37,113 SF
Lot
1.21 ac (52,536 SF)
Zoning code
M10000
APN
060-042-210
UPID
US09-1991963
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
-
Augmenta Bioworks Corporate Office
-
Garden Sense, Inc. Landscaping General Contractor
-
Joshua M. Moreali, DPT Physician
-
Atherton Garage Door Repair Hardware & Home Improvement Production Facility
-
Katz Edward M MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.97M
Owner & transaction history
Edison Technology Park Four LLC · 19 yrs held
Edison Technology Park Four LLC
since 2007
7 recorded transactions
Zoning & alternative use
M10000 · Menlo Park, 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 Menlo Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menlo Park 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
$80 / 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
$30,435
Tax year 2024
Assessed value
$2,550,431
Assessed 2024
Previous assessed
$2,550,431
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$918,899
Assessed improvement
$1,631,532
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1991
Heating
NONE
Total area
37,113 SF
Lot
1.21 ac (52,536 SF)
Zoning code
M10000
APN
060-042-210
UPID
US09-1991963
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
M10000 · Menlo Park, CA
Zoning M10000 · permitted uses
M10000 · Menlo Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Menlo Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Lot
1.21 ac
Current owner
From public records · entity-resolved
Edison Technology Park Four LLC
Entity
Mailing address
45 MARTIN LN, WOODSIDE, CA 94062-3623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Sep 20, 2017
—
Edison Technology Park Four LLC
—
Deed
related
$1,500,000 · Wells Fargo Bank NA
May 9, 2017
—
Edison Technology Park Four LLC
—
Deed
related
$6,100,000 · Wells Fargo Bank NA
Jun 12, 2007
—
Edison Technology Park Four LLC
Ronald M Newdoll
Grant Deed
$6,750,000 · Wachovia Bank NA
Jul 13, 2000
—
Newdoll Trust
Newdoll,ronald M & Agnes
Quit Claim Deed
related
—
Mar 9, 1990
—
Newdoll R.
Newdoll,r.&a.
Quit Claim Deed
related
$1,750,000 · Silicon Valley Bank
—
—
Ronald M Newdoll
—
Deed Of Trust
related
$3,450,000 · Wells Fargo Bank
—
—
Ronald M Newdoll
—
Deed Of Trust
related
$1,815,000 · First National Bank Daly City
—
—
Ronald M Newdoll
—
Deed Of Trust
related
$150,000 · Individual
—
—
Newdoll R.
—
Deed Of Trust
related
$1,795,000 · Silicon Valley 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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