Trust Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1938
Construction
WOOD
Total area
2,868 SF
Lot
0.14 ac (6,250 SF)
Zoning code
RM2
APN
120-03-054
UPID
US09-2918527
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dental Office
-
Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.66M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
since 2012
4 recorded transactions
Zoning & alternative use
RM2 · Palo Alto, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.47M
Value range
$1.32M – $1.61M
±10% around blend
Estimated value / SF
$511 / SF
Confidence
High
10 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$1.32M
blend $1.47M
$1.61M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,868 SF
Lot area
0.14 ac
Year built
1938
Stories
2
APN
120-03-054
Zoning
RM2
Assessed value
$1,945,649
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.66M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.80M
@ 6.5% CAP return
$1.66M
@ 7% CAP return
$1.54M
4
Sales comparison
Partial preview
Sales approach indication
$1.81M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.5 mi away · 3,663 SF
7.2 mi away · 3,360 SF
10.7 mi away · 3,600 SF
11.9 mi away · 2,160 SF
12.9 mi away · 3,285 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.47M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 27 sales
$1,195
-57%
Submarket 78 sales
$1,087
-53%
County 804 sales
$594
-14%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $511/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.95M
Move the market yield to see immediate price impact.
Value / SF
$678
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$123k
$2.45M
$1.75M
$1.36M
$136k
$2.72M
$1.95M
$1.51M
$150k
$3.00M
$2.14M
$1.66M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$1.35M
0.2 mi · Apr 2026 · $569/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Assessed value
$1,945,649
Assessed 2023
Previous assessed
$1,907,500
+2.0% YoY
Assessed land
$554,138
Assessed improvement
$1,391,511
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1938
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
4
Total area
2,868 SF
Lot
0.14 ac (6,250 SF)
Zoning code
RM2
APN
120-03-054
UPID
US09-2918527
Jurisdiction
SANTA CLARA
Zoning & alternative use
RM2 · Palo Alto, CAZoning RM2 · permitted uses
RM2 · Palo Alto, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1938
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
4
Lot
0.14 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RM2
Jurisdiction
Palo Alto, CA
Recorded code
RM2
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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