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Property profile & analytics
OFF-MARKET
Estimated value
$14,850,000
Office buildings
533 Airport Blvd Burlingame, CA 94010-2018
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-2025882
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1977
Total area
66,551 SF
Lot
1.66 ac (72,317 SF)
Zoning code
CL00C4
APN
026-363-250
UPID
US09-2025882
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
-
Euro Drink Importer Brewery & Distillery Big Box & Wholesale Store
-
Choya Umeshu USA Inc Brewery & Distillery Big Box & Wholesale Store
-
American Energy Contractors Electrical Service
-
Humanigen, Inc. Factory Production Facility
-
Modobay, Inc. (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.85M
Owner & transaction history
William Richard Byrnes · 3 yrs held
William Richard Byrnes
since 2023
7 recorded transactions
Zoning & alternative use
CL00C4 · Burlingame, 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 Burlingame submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlingame 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
$223 / 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
$71,648
Tax year 2024
Assessed value
$6,115,548
Assessed 2024
Previous assessed
$6,115,548
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$3,240,810
Assessed improvement
$2,874,738
Applied tax rate
4.0000
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
1977
Heating
NONE
Stories
5
Total area
66,551 SF
Lot
1.66 ac (72,317 SF)
Zoning code
CL00C4
APN
026-363-250
UPID
US09-2025882
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00C4 · Burlingame, CA
Zoning CL00C4 · permitted uses
CL00C4 · Burlingame, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlingame. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Stories
5
Lot
1.66 ac
Current owner
From public records · entity-resolved
William Richard Byrnes
Individual
Mailing address
533 AIRPORT BLVD STE #225, BURLINGAME, CA 94010-2027
Mailing matches property
Yes
Owner-occupied
Yes
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
29 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2023
—
William Richard Byrnes
Annette N Byrnes
Intrafamily Transfer
related
—
Sep 21, 2022
—
First Republic Bank
Airport Corporate Center LLC
Assignment Of Lease (leasehold Sale)
$3,100,000 · First Republic Bank
Jan 10, 2022
—
Elias J Novo
Elias J Novo
Intrafamily Transfer
related
—
Jan 3, 2022
—
Airport Corporate Center LLC
Cynthia Ann Vlahos
Grant Deed
—
Dec 2, 2021
—
Elias Novo
Elias Novo
Intrafamily Transfer
related
—
Aug 10, 2021
—
Cynthia Ann Vlahos
Cynthia Ann Vlahos
Intrafamily Transfer
related
—
Feb 12, 2021
—
Annette N Byrnes
Yota Vozikes Revocable Trust
Gift Deed
related
—
Jul 30, 2018
—
Vlahos,eugene A & Susan R Trust
Vlahos,eugene A & Susan R
Quit Claim Deed
related
—
Aug 3, 2017
—
Vlahos,john B & Cynthia A Livi Trust
Vlahos,john B & Cynthia
Quit Claim Deed
related
—
Jun 15, 2016
—
Vozikes,nick & Yota Trust
Vozikes Nick & Y Trust
Quit Claim Deed
related
—
Dec 17, 2013
$90,000
Vlahos Living Trust
Rosenbledt Vallory A Trust
Grant Deed
—
Jun 26, 2013
$90,000
Vlahos,george & P Living Trust
Rosenbledt V A Trust
Grant Deed
—
Dec 12, 2012
$180,000
John B Vlahos
Rosenbledt V A Trust
Grant Deed
—
Oct 9, 2012
$90,000
John B Vlahos
Vallory Ann Trust
Grant Deed
—
May 1, 2012
$90,000
Vlahos George & P Living Trust
Rosenbledt,vallory A
Grant Deed
—
Jul 12, 2007
—
Hiniaris 2007
Hinaris,dimitrios
Grant Deed
related
—
Apr 18, 2000
—
Georgia H Novo
—
Deed Of Trust
related
$4,500,000 · Wells Fargo Bank
Oct 30, 1998
—
Vallory A Rosenbledt
Rosenbledt,vallory A
Quit Claim Deed
related
—
Aug 14, 1998
—
Damiel J Rosenbledt
Rosenbledt Trust
Quit Claim Deed
related
—
Jul 15, 1997
—
Valahos Trust
Valahos Trust
Quit Claim Deed
related
—
Nov 15, 1996
$500,000
Georgia H Novo
Horn,bruce G & Virginia S
Grant Deed
related
—
Mar 18, 1996
—
Vlahos Trust
Vlahos,george A & Pearl
Quit Claim Deed
related
—
Feb 8, 1993
—
Nick&yota,vozikes Trust
Vozikes,n.&y.
Quit Claim Deed
related
—
Sep 27, 1991
$3,000,000
Rosenbledt Trust
Twelfth Street R
Grant Deed
$2,000,000 · Twelfth Street R
Mar 11, 1991
—
Street R Twelfth
Peelle Financial
Trustees Deed
related
—
—
—
Elias J Novo
—
Deed Of Trust
related
$3,900,000 · Wells Fargo Bank
—
—
Vlahos Trust
—
Deed Of Trust
related
$4,600,000 · Wells Fargo Bank
—
—
West Coast Prope
—
Deed Of Trust
related
$319,000 · Triton Financial
—
—
John B Vlahos
—
Loan Modification
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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