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Property profile & analytics
OFF-MARKET
Estimated value
$4,690,000
Super regional malls
4000 El Camino Real 4060 San Mateo, CA 94403-4566
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1284207
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1990
Total area
13,850 SF
Lot
1.01 ac (44,008 SF)
Zoning code
C20000
APN
042-241-180
UPID
US09-1284207
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
-
The Villa at San Mateo Apartments Retirement Home Apartment Complex
-
San mateo bridge center Bridge Club
-
Maverick Jacks San Mateo Restaurant
-
Heart to Heart Care Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.69M
Owner & transaction history
Villa Plaza Lmsff LLC · 14 yrs held
Villa Plaza Lmsff LLC
since 2012
6 recorded transactions
Zoning & alternative use
C20000 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,315,000
6.5%
$5,830,000
7%
$5,415,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$7,475,000
Current use
RETAIL STORES
$6,715,000
Change: -10% · Conversion: Easy
COMMERCIAL (GENERAL)
$6,400,000
Change: -14% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,290,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$4.69M
Range $4.22M – $5.16M · ±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
$339 / 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
$92,391
Tax year 2024
Assessed value
$6,772,848
Assessed 2024
Previous assessed
$6,772,848
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$4,009,527
Assessed improvement
$2,763,321
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1990
Heating
NONE
Stories
1
Total area
13,850 SF
Lot
1.01 ac (44,008 SF)
Zoning code
C20000
APN
042-241-180
UPID
US09-1284207
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C20000 · San Mateo, CAZoning C20000 · permitted uses
C20000 · San Mateo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$7.5M
RETAIL STORES
Est. value
$6.7M
COMMERCIAL (GENERAL)
Est. value
$6.4M
AUTO REPAIR, GARAGE
Est. value
$6.3M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
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
1990
Heating
NONE
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Villa Plaza Lmsff LLC
Entity
Mailing address
1760 THE ALAMEDA, SAN JOSE, CA 95126-1728
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2012
$5,500,000
Villa Plaza Lmsff LLC
Maitland Holdings LLC
Grant Deed
—
Jun 29, 2011
$4,800,000
Maitland Holdings LLC
Gallaher Investments LLC
Grant Deed
—
Feb 7, 2006
—
Gallaher Investments LLC
Linda Gallaher
Grant Deed
$4,060,000 · Wells Fargo Bank NA
Aug 6, 2004
—
Linda Gallaher
—
Deed Of Trust
related
$1,250,000 · United American Bank
Dec 30, 1999
—
Linda Gallaher
San Mateo/el Camino Retail Par
Grant Deed
$3,800,000 · First Republic Bank
—
—
Linda M Gallaher
—
Deed Of Trust
related
$2,900,000 · Wells Fargo Bank
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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