New search
Property profile & analytics
OFF-MARKET
Estimated value
$20,910,000
Manufacturing properties
350 Twin Dolphin Dr, Redwood City, CA 94065-1457
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2140763
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1995
Total area
75,402 SF
Lot
5.11 ac (222,644 SF)
Zoning code
R10000
APN
095-220-230
UPID
US09-2140763
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
-
AbilityPath Social Service Agency
-
International Institute of Information Technology Training Center Tutoring Service
-
LINDSAY DRIEMEYER Physician
-
Audrey Osburn Physician
-
Silicon Valley Social Venture Fund Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$21.85M
Blend (final)
Blend
$20.91M
Owner & transaction history
Sobrato Foundation · 6 yrs held
Sobrato Foundation
since 2020
Last sale
$22.2M
2 recorded transactions
Zoning & alternative use
R10000 · Redwood City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$34.8M
+45.2%
Auto repair, garage
$34.3M
+42.7%
Retail stores
$32.6M
+35.9%
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
$17,370,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$24,000,000
Current use
COMMERCIAL (GENERAL)
$34,845,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$34,255,000
Change: +43% · Conversion: Easy
RETAIL STORES
$32,610,000
Change: +36% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$26,900,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$20.91M
Range $18.82M – $23.00M · ±10% · vs last sale $22.21M (Jan 2 2020)
Last sale anchor
$22.21M
Jan 2 2020
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
$277 / 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
$19,663
Tax year 2024
Assessed value
$14,946,157
Assessed 2024
Previous assessed
$14,946,157
+0.0% YoY
Effective rate
0.13%
On assessed value
Assessed land
$11,831,371
Assessed improvement
$3,114,786
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1995
Heating
NONE
Total area
75,402 SF
Lot
5.11 ac (222,644 SF)
Zoning code
R10000
APN
095-220-230
UPID
US09-2140763
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R10000 · Redwood City, CA
Zoning R10000 · permitted uses
R10000 · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$24.0M
COMMERCIAL (GENERAL)
Est. value
$34.8M
AUTO REPAIR, GARAGE
Est. value
$34.3M
RETAIL STORES
Est. value
$32.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$26.9M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1995
Heating
NONE
Lot
5.11 ac
Current owner
From public records · entity-resolved
Sobrato Foundation
Individual
Free & Clear · 6 yrs held
Mailing address
599 CASTRO ST STE #400, MOUNTAIN VIEW, CA 94041-3009
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2020
—
Sobrato Foundation
Sobrato Family Foundation
Quit Claim Deed
—
Jan 8, 2013
$22,211,000
Sobrato Family Foundation
Rnm Twin Dolphin LP
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 350 Twin Dolphin Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
