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Property profile & analytics
OFF-MARKET
Estimated value
$1,745,000
Automotive properties
386 Convention Way, Redwood City, CA 94063-1405
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1188732
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1997
Total area
19,254 SF
Lot
1.85 ac (80,719 SF)
Zoning code
IP0000
APN
052-401-140
UPID
US09-1188732
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
-
Richard Dusablon: Allstate Insurance Insurance Agency
-
Toyota 101 Car Dealership
-
Toyota Parts Auto Parts Store
-
Toyota Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.75M
Owner & transaction history
Sierra Greens LP · 8 yrs held
Sierra Greens LP
since 2018
7 recorded transactions
Zoning & alternative use
IP0000 · Redwood City, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$91 / 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
$222,876
Tax year 2024
Assessed value
$20,177,504
Assessed 2024
Previous assessed
$20,177,504
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$15,617,264
Assessed improvement
$4,560,240
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1997
Heating
NONE
Stories
9
Total area
19,254 SF
Lot
1.85 ac (80,719 SF)
Zoning code
IP0000
APN
052-401-140
UPID
US09-1188732
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
IP0000 · Redwood City, CA
Zoning IP0000 · permitted uses
IP0000 · 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.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
9
Lot
1.85 ac
Current owner
From public records · entity-resolved
Sierra Greens LP
Entity
Mailing address
505 LAURELWOOD RD, SANTA CLARA, CA 95054-2419
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2018
$18,088,000
Sierra Greens LP
Chang & Chen Associates
Grant Deed
—
Apr 13, 2018
—
Chang & Chen Associates
Chang & Chen Associates
Quit Claim Deed
related
—
Mar 2, 2012
—
Chang & Chen Associates
Chang Thomas N Trust
Quit Claim Deed
related
$1,500,000 · California Bank & Trust
Aug 8, 2008
—
Chang & Chen Associates
Chang & Chen Associates
Quit Claim Deed
related
—
Nov 14, 2005
—
Chang & Chen Associates
Chang & Chen Associates
Quit Claim Deed
related
—
Jul 28, 2003
—
Chang & Chen Associates
Chang,nam C & Fwei M
Quit Claim Deed
related
—
May 31, 2001
—
Nam C Chang
Chang & Chen Associates INC
Quit Claim Deed
related
—
Sep 7, 1999
—
Chang Trust
Chang,nam C & Fwei M
Quit Claim Deed
related
—
Nov 7, 1989
$2,500,000
Nam Chang
J.d. Exchange Co
Grant Deed
related
$1,700,000 · Sumitomo Bank
Sep 7, 1988
—
Food Specialists
—
Quit Claim Deed
related
$1,240,000 · Bay View Federal Bank
—
—
Chang & Chen Associates
—
Deed Of Trust
related
$1,600,000 · Sumitomo Bank Of California
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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