Property profile

396 3rd Ave Redwood City, CA 94063

OFF-MARKET
Retail space
Property ID
US09-0992742
2,638 SF 0.15 ac lot Built 1946
Trust Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1946
Total area 2,638 SF
Lot 0.15 ac (6,594 SF)
Zoning code C10000
APN 060-083-360
UPID US09-0992742

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

396 3rd Ave Redwood City, CA 94063-3716
Redwood City metro Census 610601 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.04M
Comparable Approach Comparable
by Request
Blend (final) Blend
$770k

Owner & transaction history

since 2017
7 recorded transactions
2025
Price N/A
2020
Price N/A
2017
Price N/A
2015
$1.2M
2011
Price N/A
2010
$704,000
2001
$575,000

Zoning & alternative use

C10000 · Redwood City, CA
Top alternative use upside
Commercial (general) $1.2M +6.9%
Auto repair, garage $1.2M +5.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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