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Property profile & analytics
OFF-MARKET
Estimated value
$3,270,000
Warehouses
505 Tunl Ave Brisbane, CA 94005-1104
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1557568
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
37,259 SF
Lot
1.75 ac (76,322 SF)
Zoning code
ML00M1
APN
005-152-310
UPID
US09-1557568
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
-
Earth Investigations Consultants Law Firm Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.77M
Blend (final)
Blend
$3.27M
Owner & transaction history
Recology Properties INC · 5 yrs held
Recology Properties INC
since 2020
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
ML00M1 · Brisbane, 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 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
$3,255,000
ML approach
$3,230,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.27M
Range $2.94M – $3.60M · ±10% · vs last sale $3.30M (Sep 18 2020)
Last sale anchor
$3.30M
Sep 18 2020
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
$88 / 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
$58,026
Tax year 2024
Assessed value
$4,599,918
Assessed 2024
Previous assessed
$4,599,918
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,509,048
Assessed improvement
$2,090,870
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
Heating
NONE
Total area
37,259 SF
Lot
1.75 ac (76,322 SF)
Zoning code
ML00M1
APN
005-152-310
UPID
US09-1557568
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
ML00M1 · Brisbane, CA
Zoning ML00M1 · permitted uses
ML00M1 · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
1.75 ac
Current owner
From public records · entity-resolved
Recology Properties INC
Entity
Free & Clear · 5 yrs held
Mailing address
50 CALIFORNIA ST, SAN FRANCISCO, CA 94111-4601
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2020
—
Recology Properties INC
Recology Properties INC
Quit Claim Deed
related
—
Nov 25, 2003
$3,300,000
Macor INC
Fewer,tr
Grant Deed
—
Nov 25, 2003
—
Michelucci,tr
Michelucci,jack D & Kathleen
Quit Claim Deed
related
—
Jan 7, 2003
—
Michelcci,tr
Michelcci,tr
Quit Claim Deed
related
—
Jul 30, 1999
—
Fewer Trust
Gross Co
Quit Claim Deed
related
—
May 21, 1998
—
Fewer Trust
Fewer,robert
Quit Claim Deed
related
—
Jun 30, 1997
—
Lotti Trust
Lotti,irene
Quit Claim Deed
related
—
Nov 6, 1995
—
Michelucci Trust
Michelucci,joseph & Mabel
Quit Claim Deed
related
—
Mar 7, 1995
—
Diluzio Trust
Diluzio,donald
Quit Claim Deed
related
—
Sep 29, 1994
—
Di Luzio Trust
Diluzio,donald
Quit Claim Deed
related
—
Oct 22, 1993
—
Michelucci Trust
Michelucci,j./mi
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.
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