Technical
Financial
Distress signals
Property profile

407 B St San Mateo, CA 94401

OFF-MARKET
Retail space
Property ID
US09-0197695
3,500 SF 0.13 ac lot Built 1950
Entity Owned 2-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 1950
Total area 3,500 SF
Lot 0.13 ac (5,500 SF)
Zoning code CB000D
APN 034-179-020
UPID US09-0197695

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

407 B St San Mateo, CA 94401-4118
San Mateo metro Census 606300 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.40M
CAP Approach CAP
$1.38M
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$2.39M

Owner & transaction history

since 2023
Last sale
$2.2M
7 recorded transactions
2023
$2.2M
2021
Price N/A
2021
$4.6M
2021
Price N/A
2016
Price N/A
2007
$1.4M
2007
$1.4M

Zoning & alternative use

CB000D · San Mateo, CA
Top alternative use upside
Office building $2.3M +34.5%
Neighborhood: shopping center $1.9M +11.3%

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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