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Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Office buildings
507 Purissima St Half Moon Bay, CA 94019-1930
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1169523
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1962
Total area
3,628 SF
Lot
0.26 ac (11,250 SF)
Zoning code
CH00C2
APN
056-173-130
UPID
US09-1169523
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
$1.90M
CAP Approach
CAP
$1.91M
Comparable Approach
Comparable
$2.53M
Blend (final)
Blend
$1.90M
Owner & transaction history
Alas Ayudando Latinos A Sonar · 1 yrs held
Alas Ayudando Latinos A Sonar
since 2024
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
CH00C2 · Half Moon Bay, 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 Half Moon Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Half Moon Bay 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
$1,900,000
ML approach
$1,900,000
CAP Approach
CAP Return
Estimation
6%
$2,065,000
6.5%
$1,905,000
7%
$1,770,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,325,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,960,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±10% · vs last sale $1.90M (Sep 30 2024)
Last sale anchor
$1.90M
Sep 30 2024
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
$524 / 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
$19,132
Tax year 2024
Assessed value
$1,650,739
Assessed 2024
Previous assessed
$1,650,739
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$1,284,756
Assessed improvement
$365,983
Applied tax rate
17.0000
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
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1962
Heating
NONE
Total area
3,628 SF
Lot
0.26 ac (11,250 SF)
Zoning code
CH00C2
APN
056-173-130
UPID
US09-1169523
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CH00C2 · Half Moon Bay, CA
Zoning CH00C2 · permitted uses
CH00C2 · Half Moon Bay, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Half Moon Bay. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
1962
Heating
NONE
Lot
0.26 ac
Current owner
From public records · entity-resolved
Alas Ayudando Latinos A Sonar
Individual
Mailing address
13570 N PONDEROSA WAY, NEVADA CITY, CA 95959-9748
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2024
$1,900,000
Alas Ayudando Latinos A Sonar
Scott D Mcvicker
Grant Deed
$1,400,000 · First Citizens Bank & Trust Co
Dec 16, 2010
—
Mcvicker Lloyd A Trust
Mcvicker Lloyd A Trust
Quit Claim Deed
related
—
Jan 31, 2005
—
Mcvicker Lloyd A Trust
Mcvicker,lloyd A & Beverly J
Quit Claim Deed
related
—
Jan 14, 2000
$809,000
Lloyd A Mcvicker
Johnson Trust
Quit Claim Deed
related
—
Oct 26, 1998
—
Johnson Trust
Johnson,tim & Stella K
Quit Claim Deed
related
—
Feb 13, 1996
—
Timothy Johnson
Johnson,timothy & Stella K
Quit Claim Deed
related
$412,000 · Liberty Bank For Savings
May 16, 1995
$35,000
Timothy Johnson
Cowen,gregory C & Virginia
Grant Deed
—
Jan 23, 1991
$550,000
Johnson Timothy
Estate Of James
Grant Deed
$335,000 · Liberty National Bank
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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