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Property profile & analytics
FOR LEASE
Manufacturing properties
475 Eccles Ave South San Francisco, CA 94080
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-2103704
For Lease
1 / 2
Contact for pricing
475 Eccles Ave, South San Francisco, CA 94080
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Property profile
Verified
Property type
Manufacturing properties
Use group
CANNERY
Year built
1965
Total area
152,145 SF
Lot
6.1 ac (265,629 SF)
Zoning code
MH00M2
APN
015-071-330
UPID
US09-2103704
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.60M
Owner & transaction history
Bmr 475 Eccles Avenue LLC · 3 yrs held
Bmr 475 Eccles Avenue LLC
since 2022
7 recorded transactions
Zoning & alternative use
MH00M2 · South San Francisco, 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 South San Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South San Francisco 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CANNERY
$1,410,000
Current use
Blend value · Realmo final
$1.60M
Range $1.44M – $1.75M · ±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
$10 / 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
$1,909,429
Tax year 2024
Assessed value
$175,480,348
Assessed 2024
Previous assessed
$175,480,348
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$32,380,348
Assessed improvement
$143,100,000
Applied tax rate
13.0000
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
Manufacturing properties
Use group
CANNERY
Status
For Lease
Year built
1965
Heating
NONE
Stories
2
Total area
152,145 SF
Lot
6.1 ac (265,629 SF)
Zoning code
MH00M2
APN
015-071-330
UPID
US09-2103704
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
MH00M2 · South San Francisco, CAZoning MH00M2 · permitted uses
MH00M2 · South San Francisco, 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
CANNERY Current
Est. value
$1.4M
CANNERY Current
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
1965
Heating
NONE
Stories
2
Lot
6.1 ac
Current owner
From public records · entity-resolved
Bmr 475 Eccles Avenue LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2022
—
Bmr 475 Eccles Avenue LLC
Pacific Gas And Electric Company
Quit Claim Deed
related
—
Dec 2, 2005
—
Bmr-475 Eccles Avenue LLC
475 Eccles Associates LLC
Quit Claim Deed
—
May 31, 2002
—
475 Eccles Associates
Scheidt Trust
Grant Deed
related
—
May 2, 2002
—
Scheidt Trust
Scheidt,mary L
Quit Claim Deed
related
—
Aug 29, 2000
—
Stanley B Mcdonald
Mcdonald,stanley B
Quit Claim Deed
related
—
Aug 10, 2000
—
West Trust
West,herbert A & Jan A
Quit Claim Deed
related
—
Jun 14, 1995
—
Herbert A West
West Trust
Quit Claim Deed
related
—
May 17, 1995
—
West Trust
West,herbert A
Quit Claim Deed
related
—
Dec 29, 1994
—
Herbert A West
West,jan H
Quit Claim Deed
related
$1,043,529 · 475 Eccles Holding INC
—
—
Otagiri Mercantile Co INC
—
Deed Of Trust
related
$8,000,000 · Union Bank
—
—
475 Eccles Assoc LLC
—
Deed Of Trust
related
$5,500,000 · Principal Life Insurance Co
—
—
Norman H Scheidt Estate
—
Deed Of Trust
related
$3,900,000 · Fortis Benefits Insurance Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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