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Property profile & analytics
FOR LEASE
Office buildings
355 Gellert Blvd, Daly City, CA 94015
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1918421
For Lease
1 / 2
$36 SF/Yr
355 Gellert Blvd, Daly City, CA 94015
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1975
Total area
49,664 SF
Lot
1 ac (43,424 SF)
Zoning code
C20000
APN
091-541-130
UPID
US09-1918421
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
-
Fil-Am Radio USA Radio Station Telecommunications Service
-
Dong Quanli DDS Dental Office
-
Dr. Kim Lucas Benton-Vista Pacific Dental Dental Office
-
Dr. Kim Benton Dental Office
-
MIF Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.79M
Owner & transaction history
355 Gellert Boulevard LLC · 9 yrs held
355 Gellert Boulevard LLC
since 2016
7 recorded transactions
Zoning & alternative use
C20000 · Daly 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$258 / 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
$157,637
Tax year 2024
Assessed value
$13,790,267
Assessed 2024
Previous assessed
$13,790,267
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,504,994
Assessed improvement
$12,285,273
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
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1975
Heating
NONE
Stories
2
Total area
49,664 SF
Lot
1 ac (43,424 SF)
Zoning code
C20000
APN
091-541-130
UPID
US09-1918421
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.
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Stories
2
Lot
1 ac
Current owner
From public records · entity-resolved
355 Gellert Boulevard LLC
Entity
Mailing address
1860 EL CAMINO REAL STE #500, BURLINGAME, CA 94010-3121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Jun 27, 2024
—
355 Gellert Boulevard LLC
—
Deed
related
$5,160,000 · Bank Of Marin
Sep 13, 2016
—
355 Gellert Boulevard LLC
Granite Mgmt Corp
Quit Claim Deed
related
—
Sep 8, 2016
—
355 Gellert Boulevard LLC
—
Deed
related
$6,000,000 · First Republic Bank
Jul 26, 2011
—
355 Gellert Boulevard LLC
Chavez,marco & George
Quit Claim Deed
related
$6,000,000 · First Republic Bank
Dec 21, 2007
—
355 Gellert Boulevard LLC
Daly City Land I LLC
Grant Deed
—
Dec 13, 2007
—
Daly City Land I LLC
Daly City Land I LLC
Quit Claim Deed
related
—
Mar 29, 2002
$2,750,000
Daly City Land I LLC
Seagate Buchanan Associates
Grant Deed
—
Feb 1, 2002
—
Seagate Buchanan Associates
Serramonte Plaza Associates
Grant Deed
$24,170,648 · Redwood Capital Finance Co LLC
Dec 16, 1999
—
Serramonte Plaza Associates Ll
Serramonte Plaza LP
Quit Claim Deed
related
—
May 6, 1997
—
Marco Chavez
Chavez,linda S
Quit Claim Deed
related
$300,000 · Commercial Bank San Francisco
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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