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Property profile & analytics
OFF-MARKET
Estimated value
$4,955,000
Industrial properties
3772 Fabian Way Palo Alto, CA 94303
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-2635023
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1973
Construction
TILT-UP CONCRETE
Total area
24,960 SF
Lot
1.69 ac (73,638 SF)
Zoning code
M1S
APN
127-56-005
UPID
US09-2635023
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
$6.41M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.96M
Owner & transaction history
Fabian Way Property LLC · 3 yrs held
Fabian Way Property LLC
since 2022
7 recorded transactions
Zoning & alternative use
M1S · Palo Alto, 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 Palo Alto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palo Alto 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%
$6,945,000
6.5%
$6,410,000
7%
$5,950,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,195,000
Current use
Blend value · Realmo final
$4.96M
Range $4.46M – $5.45M · ±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
$199 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$8,738,574
Assessed 2023
Previous assessed
$8,738,574
+0.0% YoY
Assessed land
$3,576,660
Assessed improvement
$5,161,914
Applied tax rate
6.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
3
Total area
24,960 SF
Lot
1.69 ac (73,638 SF)
Zoning code
M1S
APN
127-56-005
UPID
US09-2635023
Jurisdiction
SANTA CLARA
Zoning & alternative use
M1S · Palo Alto, CA
Zoning M1S · permitted uses
M1S · Palo Alto, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palo Alto. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.2M
INDUSTRIAL (GENERAL) Current
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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
3
Lot
1.69 ac
Current owner
From public records · entity-resolved
Fabian Way Property LLC
Entity
Mailing address
208 WILDER AVE, LOS GATOS, CA 95030-7209
Ownership since
2022
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
Oct 20, 2022
—
Fabian Way Property LLC
Richard A Cristina
Grant Deed
—
Jan 3, 2000
$750,000
Cristina Trust
Weigel,jesse
Grant Deed
—
Jan 19, 1996
—
Cristina Trust
Cristina,richard A & Diane L
Quit Claim Deed
related
—
Jun 12, 1995
$2,178,500
Richard A Cristina
Fabian Partners
Grant Deed
$1,495,000 · Wells Fargo Bank
—
—
Fabian Partners LP
—
Deed Of Trust
related
$513,000 · Burlingame Bank & Trust Co
—
—
Cristina Richard A & D L Trust
—
Deed Of Trust
related
$3,000,000 · Symetra Life Insurance Co
—
—
Cristina Trust
—
Deed Of Trust
related
$2,300,000 · Wells Fargo Bank West NA
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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