New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,595,000
Apartment buildings
525 Walnut St, San Carlos, CA 94070-2382
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2522745
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Total area
10,468 SF
Lot
0.18 ac (7,750 SF)
APN
050-072-290
UPID
US09-2522745
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
-
Research Endeavors Co Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.60M
CAP Approach
CAP
$4.39M
Comparable Approach
Comparable
$6.59M
Blend (final)
Blend
$6.60M
Owner & transaction history
525 Walnut Street LLC · 6 yrs held
525 Walnut Street LLC
since 2020
Last sale
$6.6M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.8M
+62.7%
Restaurant
$7.1M
+48.5%
Office building
$6.7M
+40.9%
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 Carlos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Carlos 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
$6,590,000
ML approach
$6,600,000
CAP Approach
CAP Return
Estimation
6%
$4,750,000
6.5%
$4,385,000
7%
$4,070,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,765,000
Current use
RETAIL STORES
$7,750,000
Change: +63% · Conversion: Difficult
RESTAURANT
$7,080,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$6,715,000
Change: +41% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$5,650,000
Change: +19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,840,000
Change: +2% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,755,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$6.60M
Range $5.94M – $7.25M · ±10% · vs last sale $6.60M (May 13 2020)
Last sale anchor
$6.60M
May 13 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
$630 / 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
$100,151
Tax year 2024
Assessed value
$7,509,669
Assessed 2024
Previous assessed
$7,509,669
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,479,176
Assessed improvement
$6,030,493
Applied tax rate
11.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1964
Heating
NONE
Stories
3
Units
12
Rooms
40
Bathrooms
12
Total area
10,468 SF
Lot
0.18 ac (7,750 SF)
APN
050-072-290
UPID
US09-2522745
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.8M
RETAIL STORES
Est. value
$7.8M
RESTAURANT
Est. value
$7.1M
OFFICE BUILDING
Est. value
$6.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1964
Heating
NONE
Stories
3
Units
12
Rooms
40
Bathrooms
12
Lot
0.18 ac
Current owner
From public records · entity-resolved
525 Walnut Street LLC
Entity
Free & Clear · 6 yrs held
Mailing address
35 GREVILLEA CT, HILLSBOROUGH, CA 94010-6213
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2020
—
525 Walnut Street LLC
Cd Investors LLC
Quit Claim Deed
—
Jun 22, 2017
$6,600,000
Cd Investors LLC
525 Walnut Street LLC
Grant Deed
—
Jun 20, 2016
$4,200,000
525 Walnut Street LLC
Donald P Robertson
Grant Deed
$3,150,000 · Presidio Bank
Mar 26, 2014
—
Robertson,d P & P S Trust
Robertson,donald P & Pamela S
Quit Claim Deed
related
—
Jul 1, 1988
$997,000
Donald Robertson
Balla
Grant Deed
$750,000 · Individual
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 525 Walnut St?
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.
