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Property profile & analytics
OFF-MARKET
Estimated value
$5,410,000
Office buildings
3705 Hvn Ave, Menlo Park, CA 94025-1011
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1425910
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1963
Total area
10,368 SF
Lot
0.66 ac (28,808 SF)
Zoning code
MH00M2
APN
055-170-240
UPID
US09-1425910
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
-
SolovatSoft, Inc (Bike/Boat/Book/etc) Store Corporate Office
-
QQQ Tech (Bike/Boat/Book/etc) Store Corporate Office
-
Allocade Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Katherine Warner, LMFT Family Counselor Psychotherapist
-
Bay Cities Driving School Training Center Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.61M
CAP Approach
CAP
$5.45M
Comparable Approach
Comparable
$5.40M
Blend (final)
Blend
$5.41M
Owner & transaction history
3705 Haven LLC · 4 yrs held
3705 Haven LLC
since 2021
Last sale
$5.4M
7 recorded transactions
Zoning & alternative use
MH00M2 · Menlo Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.0M
+5.4%
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
Method
Estimation
Statistic approach
$5,630,000
ML approach
$5,605,000
CAP Approach
CAP Return
Estimation
6%
$5,905,000
6.5%
$5,450,000
7%
$5,060,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,650,000
Current use
RESTAURANT
$7,010,000
Change: +5% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$5,770,000
Change: -13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,595,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$5.41M
Range $4.87M – $5.95M · ±10% · vs last sale $5.40M (Dec 3 2021)
Last sale anchor
$5.40M
Dec 3 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
$522 / 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
$65,942
Tax year 2024
Assessed value
$5,618,160
Assessed 2024
Previous assessed
$5,618,160
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$5,097,960
Assessed improvement
$520,200
Applied tax rate
8.0000
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
Off-Market
Year built
1963
Heating
NONE
Stories
1
Total area
10,368 SF
Lot
0.66 ac (28,808 SF)
Zoning code
MH00M2
APN
055-170-240
UPID
US09-1425910
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
MH00M2 · Menlo Park, CA
Zoning MH00M2 · permitted uses
MH00M2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.7M
RESTAURANT
Est. value
$7.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.6M
OFFICE BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1963
Heating
NONE
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
3705 Haven LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2040 WEBSTER ST, SAN FRANCISCO, CA 94115-2330
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2022
—
3705 Haven LLC
—
Deed
related
$3,240,000 · Bank Of Marin
Dec 3, 2021
$5,400,000
3705 Haven LLC
1ntegris Millennium Joint Venture L
Grant Deed
—
Feb 14, 2018
—
Integris Millennium Joint Venture L
—
Deed
related
$300,000 · Fremont Bank
Apr 8, 2015
—
Integris/millennium Joint Venture L
Integris/millennium Joint Venture L
Grant Deed
related
$3,200,000 · Western Alliance Bank
Aug 13, 2013
—
Williams Family Trust
Integris Of Millennium Joint Vent
Grant Deed
related
—
Aug 9, 1999
$2,384,545
Integris/millenium LLC
Mitsubishi Silicorn America
Grant Deed
$3,700,000 · First Bank California
May 23, 1997
$1,700,000
Silicon America Mitsubishi
Thysen Trust
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.
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