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Property profile & analytics
OFF-MARKET
Investment properties
501 1st Ave San Mateo, CA 94401-3475
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2425955
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Lot
0.11 ac (5,000 SF)
Zoning code
CL00C2
APN
034-158-070
UPID
US09-2425955
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
-
Paul Agustinovich, Ph.D. - Licensed Marriage and Family Therapist Family Counselor Marriage Or Relationship Counselor
-
Finch Jean Family Counselor
-
Arthur Polussa, MD Pediatrician Physician
-
Catherine de Sauvage Alternative Medicine Practice
-
Lorena Terapeuta Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
W Anderews LLC · 2 yrs held
W Anderews LLC
since 2023
7 recorded transactions
Zoning & alternative use
CL00C2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,245
Tax year 2024
Assessed value
$322,667
Assessed 2024
Previous assessed
$322,667
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$39,655
Assessed improvement
$283,012
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Heating
NONE
Lot
0.11 ac (5,000 SF)
Zoning code
CL00C2
APN
034-158-070
UPID
US09-2425955
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00C2 · San Mateo, CA
Zoning CL00C2 · permitted uses
CL00C2 · 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
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
W Anderews LLC
Entity
Mailing address
851 REGULUS ST, FOSTER CITY, CA 94404-2725
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2023
—
W Anderews LLC
Woodrow Andrews
Intrafamily Transfer
related
—
Aug 3, 2023
—
Woodrow Andrews
—
Deed
related
$153,150 · Wells Fargo Bank NA
Jun 2, 2023
—
Woodrow Andrews
Woodrow Andrews
Intrafamily Transfer
related
—
Dec 22, 2022
—
Fannie Andrews
Fannie Andrews
Intrafamily Transfer
related
—
Dec 29, 2010
—
Andrews Ernest O Living Trust
Andrews,ernest O
Quit Claim Deed
related
—
Sep 22, 2010
—
Andrews Living Trust
Andrews,woodrow
Quit Claim Deed
related
—
May 16, 1996
—
Woodrow Andrews
Andrews,elizabeth R
Quit Claim Deed
related
$135,000 · Bay View Federal Bank
Mar 15, 1993
—
Andrews,woodrow Trustee
Andrews,w.
Quit Claim Deed
related
—
—
—
Woodrow Andrews
—
Deed Of Trust
related
$122,000 · J P Morgan Chase Bank
—
—
Ernest O Andrews
—
Deed Of Trust
related
$122,000 · Washington Mutual Fsb
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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