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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Retail space
373 Klamath St 375 Brisbane, CA 94005-1512
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1487549
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Total area
5,365 SF
Lot
0.23 ac (10,146 SF)
Zoning code
C20000
APN
007-323-060
UPID
US09-1487549
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
$2.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.68M
Owner & transaction history
956 Folsom Corporation · 11 yrs held
956 Folsom Corporation
since 2014
7 recorded transactions
Zoning & alternative use
C20000 · Brisbane, 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 Brisbane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brisbane 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%
$2,285,000
6.5%
$2,110,000
7%
$1,955,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,730,000
Current use
COMMERCIAL (GENERAL)
$2,480,000
Change: -9% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,435,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±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
$312 / 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
$29,501
Tax year 2024
Assessed value
$2,592,220
Assessed 2024
Previous assessed
$2,592,220
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,178,281
Assessed improvement
$1,413,939
Applied tax rate
18.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Total area
5,365 SF
Lot
0.23 ac (10,146 SF)
Zoning code
C20000
APN
007-323-060
UPID
US09-1487549
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C20000 · Brisbane, CA
Zoning C20000 · permitted uses
C20000 · Brisbane, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brisbane. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1999
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
956 Folsom Corporation
Entity
Mailing address
1575 BAYSHORE HWY STE #100, BURLINGAME, CA 94010-1616
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Aug 28, 2014
$2,200,000
956 Folsom Corporation
Ahmed Abdellatif
Grant Deed
$1,365,000 · East West Bank
Jun 13, 2005
—
Ahmed Abdellatif
Ismail,rabab M
Grant Deed
related
—
Feb 1, 2005
$500,000
Rabab M Ismail
Khalil,mahmoud A
Grant Deed
$800,000 · Greenpoint Mortgage Funding
Feb 1, 2005
—
Rabab M Ismail
Abdellatiff,ahmed
Grant Deed
related
—
Jul 20, 1999
$530,000
Mahmoud A Khalil
Burkhardt,robert C
Grant Deed
$510,000 · Seller
—
—
Mahmoud A Khalil
—
Deed Of Trust
related
$280,000 · Mercantile Finance Co INC
—
—
Mahmoud A Khalil
—
Deed Of Trust
related
$100,000 · Mercantile Finance Co INC
—
—
Rabab Ismail
—
Deed Of Trust
related
$490,000 · Robert C Burkhardt
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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