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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Investment properties
355 Princeton Ave Half Moon Bay, CA 94019-4040
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1662098
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1989
Total area
2,348 SF
Lot
0.08 ac (3,500 SF)
Zoning code
ML00M1
APN
047-023-190
UPID
US09-1662098
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
$585k
Owner & transaction history
Andreini Family Trust · 6 yrs held
Andreini Family Trust
since 2019
7 recorded transactions
Zoning & alternative use
ML00M1 · Half Moon Bay, 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 Half Moon Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Half Moon Bay 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$900,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$249 / 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
$6,436
Tax year 2024
Assessed value
$478,418
Assessed 2024
Previous assessed
$478,418
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$128,037
Assessed improvement
$350,381
Applied tax rate
87.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1989
Heating
NONE
Stories
2
Total area
2,348 SF
Lot
0.08 ac (3,500 SF)
Zoning code
ML00M1
APN
047-023-190
UPID
US09-1662098
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
ML00M1 · Half Moon Bay, CA
Zoning ML00M1 · permitted uses
ML00M1 · Half Moon Bay, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Half Moon Bay. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$900,000
WAREHOUSE, STORAGE
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
1989
Heating
NONE
Stories
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Andreini Family Trust
Trust
Free & Clear · 6 yrs held
Mailing address
2220 CABRILLO HWY S, HALF MOON BAY, CA 94019-2249
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2019
—
Andreini Family Trust
Mario Andreini
Quit Claim Deed
related
—
Dec 21, 2016
—
Andreini,e J & S L Trust
Andreini,edward J
Quit Claim Deed
related
—
Dec 22, 2015
—
Mario Andreini
Andreini,linda J
Quit Claim Deed
related
—
Nov 27, 1996
—
Edward Andreini
Andreini,edward & Linda J
Quit Claim Deed
related
$220,000 · Redwood Bank
Sep 17, 1996
$365,000
Edward Andreini
Anselmo Development Co INC
Grant Deed
—
Feb 29, 1996
$91,467
Anselmo Development Co INC
John Pepper Properties INC
Trustees Deed
—
Mar 1, 1994
—
The Harbor Trust
John Pepper Prop
Grant Deed
related
—
May 11, 1989
—
John Pepper Prop
John Pepper Prop
Quit Claim Deed
related
—
May 13, 1988
$40,454
John Pepper Prop
Brede
Grant Deed
$31,000 · Individual
—
—
John Pepper Prop
—
Deed Of Trust
related
$83,000 · Roza & Co
—
—
Anselmo Development Co INC
—
Deed Of Trust
related
$320,000 · Roza & Co
—
—
John Pepper Prop
—
Deed Of Trust
related
$280,000 · Peninsula Bank San Diego
—
—
John Pepper Prop
—
Deed Of Trust
related
$72,000 · Individual
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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