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Property profile & analytics
OFF-MARKET
Estimated value
$2,555,000
Manufacturing properties
3624 Hvn Ave, Redwood City, CA 94063-4604
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0642946
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1956
Total area
3,200 SF
Lot
0.5 ac (21,768 SF)
Zoning code
ML00IR
APN
055-162-030
UPID
US09-0642946
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
-
C F Archibald Paving General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.67M
CAP Approach
CAP
$2.26M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.56M
Owner & transaction history
Carrera Prb Company · 4 yrs held
Carrera Prb Company
since 2021
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
ML00IR · Redwood City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.2M
+112.1%
Neighborhood: shopping center
$1.7M
+68.0%
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
$2,570,000
ML approach
$2,670,000
CAP Approach
CAP Return
Estimation
6%
$2,440,000
6.5%
$2,255,000
7%
$2,095,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,180,000
Change: +112% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,725,000
Change: +68% · Conversion: Difficult
Blend value · Realmo final
$2.56M
Range $2.30M – $2.81M · ±10% · vs last sale $3.18M (Jul 9 2021)
Last sale anchor
$3.18M
Jul 9 2021
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
$798 / 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
$35,524
Tax year 2024
Assessed value
$3,081,206
Assessed 2024
Previous assessed
$3,081,206
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$2,945,709
Assessed improvement
$135,497
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 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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1956
Heating
NONE
Stories
1
Total area
3,200 SF
Lot
0.5 ac (21,768 SF)
Zoning code
ML00IR
APN
055-162-030
UPID
US09-0642946
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
ML00IR · Redwood City, CA
Zoning ML00IR · permitted uses
ML00IR · 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
OFFICE BUILDING
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
OFFICE BUILDING
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
1956
Heating
NONE
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Carrera Prb Company
Entity
Mailing address
3636 HVN AVE, REDWOOD CITY, CA 94063-4604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2021
—
Carrera Prb Company
Carrera Prb Company
Intrafamily Transfer
related
—
Oct 31, 2017
—
Carrera Prb Co
—
Grant Deed
related
$6,000,000 · Comerica Bk
Jul 20, 2017
—
Carrera Prb
Dlt Exchange LLC
Grant Deed
related
—
Apr 3, 2015
$3,175,000
Dlt Exchange LLC
Archibald Family Trust
Grant Deed
—
Mar 1, 2001
$780,000
Archibald Trust
Goltz,lewis J
Grant Deed
$600,000 · Seller
—
—
Archibald Family Trust
—
Deed Of Trust
related
$500,000 · Carrera Prb Co
—
—
Archibald Family Trust
—
Deed Of Trust
related
$250,000 · United Sec Bk
—
—
Archibald Family Trust
—
Deed Of Trust
related
$250,000 · Jenkins Family Trust
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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