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Property profile & analytics
OFF-MARKET
Estimated value
$5,010,000
Parking lots & garages
400 El Camino Real San Mateo, CA 94402-1704
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-1313844
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1972
Total area
76,860 SF
Lot
0.46 ac (20,125 SF)
Zoning code
EA00E3
APN
034-121-300
UPID
US09-1313844
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
-
Scott Root, CIMA - UBS Financial Services Inc. Financial Advisor
-
Notable (Bike/Boat/Book/etc) Store Corporate Office
-
Trident Capital Corporate Office Financial Advisor
-
Sunstone Partners Financial Advisor
-
ROMEL ENTERPRISE, LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.01M
Owner & transaction history
Romel 400 LLC · 7 yrs held
Romel 400 LLC
since 2018
7 recorded transactions
Zoning & alternative use
EA00E3 · San Mateo, 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 San Mateo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Mateo 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
$65 / 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
$224,177
Tax year 2024
Assessed value
$19,830,137
Assessed 2024
Previous assessed
$19,830,137
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$5,230,335
Assessed improvement
$14,599,802
Applied tax rate
12.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1972
Heating
NONE
Stories
6
Total area
76,860 SF
Lot
0.46 ac (20,125 SF)
Zoning code
EA00E3
APN
034-121-300
UPID
US09-1313844
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
EA00E3 · San Mateo, CA
Zoning EA00E3 · permitted uses
EA00E3 · San Mateo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Mateo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
6
Lot
0.46 ac
Current owner
From public records · entity-resolved
Romel 400 LLC
Entity
Mailing address
400 S EL CAMINO REAL STE #760, SAN MATEO, CA 94402-1761
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2018
—
Romel 400 LLC
Romel 400 Secr LLC
Quit Claim Deed
related
$75,000,000 · Loancore Cap Markets LLC
Nov 26, 2013
$66,500,000
Romel 400 Secr LLC
Glenborough 400 Ecr LLC
Grant Deed
$44,200,000 · East West Bank
Apr 30, 2012
—
Glenborough 400 Ecr LLC
—
Deed Of Trust
related
$550,000,000 · Us Bank NA 2007-fl14
Dec 8, 2006
—
Glenborough 400 Ecr LLC
Glb 400 Ecr LP
Grant Deed
$550,000,000 · German American Capital Corp
Dec 22, 2005
—
Glb 400 Ecr
Glenborough Fund Viii LLC
Grant Deed
related
$58,000,000 · Wells Fargo Bank
Dec 7, 1998
—
Glenborough Fund Viii LLC
Glenborough Properties LP
Quit Claim Deed
related
$55,941,299 · Archon Financial LP
Oct 21, 1998
—
Grc Airport Assoc
Grc Airport Assoc
Quit Claim Deed
related
—
Mar 6, 1998
—
Glenborough Properties LP
Prudential Insurance Of Americ
Grant Deed
related
—
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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