Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$19,010,000
Warehouses
483 Vly Dr 485 Brisbane, CA 94005-1209
Individually Owned
Free & Clear
Property ID
US09-2367019
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1972
Total area
56,512 SF
Lot
2.58 ac (112,517 SF)
Zoning code
M10000
APN
005-242-190
UPID
US09-2367019
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
-
Felix Lighting Marketing & Advertising Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$21.62M
Blend (final)
Blend
$19.01M
Owner & transaction history
Prologis Exchange 483 485 Valley Dr
Prologis Exchange 483 485 Valley Dr
since 2025
Last sale
$17.7M
3 recorded transactions
Zoning & alternative use
M10000 · Brisbane, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$30.5M
+41.0%
Retail stores
$28.7M
+32.9%
Commercial (general)
$26.1M
+20.8%
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 Brisbane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brisbane 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
WAREHOUSE, STORAGE
$21,625,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$30,495,000
Change: +41% · Conversion: Moderate
RETAIL STORES
$28,740,000
Change: +33% · Conversion: Moderate
COMMERCIAL (GENERAL)
$26,115,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$25,670,000
Change: +19% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$20,895,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$19.01M
Range $17.11M – $20.91M · ±10% · vs last sale $17.70M (Jul 16 2025)
Last sale anchor
$17.70M
Jul 16 2025
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
$336 / 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
$1,917
Tax year 2024
Applied tax rate
18.0000
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
1972
Heating
NONE
Total area
56,512 SF
Lot
2.58 ac (112,517 SF)
Zoning code
M10000
APN
005-242-190
UPID
US09-2367019
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
M10000 · Brisbane, CA
Zoning M10000 · permitted uses
M10000 · Brisbane, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brisbane. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$21.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$30.5M
RETAIL STORES
Est. value
$28.7M
COMMERCIAL (GENERAL)
Est. value
$26.1M
AUTO REPAIR, GARAGE
Est. value
$25.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$20.9M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1972
Heating
NONE
Lot
2.58 ac
Current owner
From public records · entity-resolved
Prologis Exchange 483 485 Valley Dr
Individual
Free & Clear · 0 yrs held
Mailing address
411 BOREL AVE STE #230, SAN MATEO, CA 94402-3512
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2025
$17,700,000
Prologis Exchange 483 485 Valley Dr
Cshv Crocker LLC
Grant Deed
—
Apr 22, 2010
—
Cshv Crocker LLC
State Teachers Retirement Sys
Grant Deed
related
—
Jan 18, 1989
$2,554,000
Principal Mutual
Kirschenbaum,c./
Grant Deed
—
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?”
You own 483 Vly Dr, Unit 485?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
