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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Warehouses
440 Convention Way Redwood City, CA 94063-1407
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2425546
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1965
Total area
19,468 SF
Lot
0.93 ac (40,715 SF)
Zoning code
IP0000
APN
052-401-100
UPID
US09-2425546
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
-
Land Rover Redwood City Auto Repair Shop
-
Land Rover Redwood City Service and Auto Parts Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Lynne Robinson Caerry · 1 yrs held
Lynne Robinson Caerry
since 2024
Last sale
$1.3M
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
Method
Estimation
Statistic approach
$1,250,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Aug 6 2024)
Last sale anchor
$1.25M
Aug 6 2024
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
$64 / 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
$21,465
Tax year 2024
Assessed value
$1,929,133
Assessed 2024
Previous assessed
$1,929,133
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,302,957
Assessed improvement
$626,176
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1965
Heating
NONE
Rooms
65
Total area
19,468 SF
Lot
0.93 ac (40,715 SF)
Zoning code
IP0000
APN
052-401-100
UPID
US09-2425546
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
1965
Heating
NONE
Rooms
65
Lot
0.93 ac
Current owner
From public records · entity-resolved
Lynne Robinson Caerry
Individual
Free & Clear · 1 yrs held
Mailing address
896 RUNNYMEDE RD, WOODSIDE, CA 94062-4132
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2024
—
Lynne Robinson Caerry
Nancy Louise Robinson
Intrafamily Transfer
related
—
Feb 19, 2016
—
Norman W Tompkins
Tompkins N W Living Trust
Quit Claim Deed
related
$1,200,000 · Heritage Bk/commerce
Dec 24, 2015
—
Tompkins,norman W Living Trust
Tompkins,norman W
Quit Claim Deed
related
—
May 1, 2008
—
Robinson Family 2001 Trust
Robinson,alfred E & Nancy L
Quit Claim Deed
related
—
Dec 29, 1995
$1,250,000
Robinson,alfred E
Bennett Trust
Trustees Deed
$1,125,000 · Seller
Dec 29, 1995
—
Alfred E Robinson
Robinson,nancy L
Quit Claim Deed
related
—
—
—
Alfred E Robinson
—
Deed Of Trust
related
$1,875,000 · Comerica Bank 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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