New search
Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Office buildings
448 San Mateo Dr San Mateo, CA 94401-2496
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3020793
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1940
Total area
2,829 SF
Lot
0.25 ac (10,934 SF)
Zoning code
EA00E2
APN
032-181-350
UPID
US10-3020793
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
-
MD- Personal Care for Beauty and Wellness Cosmetic Store Beauty School
-
Digicorns Technologies | Digital Marketing Agency & SEO Services California Marketing & Advertising
-
MD Laser and Cosmetics Medical Clinic Skin Care Clinic
-
Maya's Skin Care Medical Clinic Skin Care Clinic
-
BoozAid Shipping Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$900k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$820k
Owner & transaction history
Peter & Kathryn LLC · 12 yrs held
Peter & Kathryn LLC
since 2013
4 recorded transactions
Zoning & alternative use
EA00E2 · 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%
$975,000
6.5%
$900,000
7%
$840,000
Blend value · Realmo final
$820k
Range $738k – $902k · ±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
$290 / 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
$21,267
Tax year 2024
Assessed value
$1,714,913
Assessed 2024
Previous assessed
$1,714,913
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,580,946
Assessed improvement
$133,967
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1940
Heating
NONE
Stories
2
Total area
2,829 SF
Lot
0.25 ac (10,934 SF)
Zoning code
EA00E2
APN
032-181-350
UPID
US10-3020793
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
EA00E2 · San Mateo, CA
Zoning EA00E2 · permitted uses
EA00E2 · 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
1940
Heating
NONE
Stories
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Peter & Kathryn LLC
Entity
Mailing address
1265 LA CANADA RD, HILLSBOROUGH, CA 94010-6642
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2013
—
Peter & Kathryn LLC
Peter & Kathryn LLC
Quit Claim Deed
related
$600,000 · First Republic Bank
Jul 31, 2008
—
Peter & Kathryn LLC
Choy,isaac O
Grant Deed
—
Aug 31, 2005
$1,280,000
Isaac O Choy
Naifeh,sam & Karen
Grant Deed
$704,000 · East West Bank
Mar 17, 1997
—
Richanbach Trust
Richanbach,etta C
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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