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Property profile & analytics
OFF-MARKET
Estimated value
$4,245,000
Office buildings
601 Allerton St, Redwood City, CA 94063-1591
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-3187098
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1982
Total area
17,861 SF
Lot
0.46 ac (20,000 SF)
Zoning code
CA0000
APN
052-331-120
UPID
US10-3187098
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
-
Good City Company Consultant
-
Imagine K-12 Business Management Consultant
-
Lin Design LLC Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.25M
Owner & transaction history
County San Mateo
County San Mateo
since 2025
7 recorded transactions
Zoning & alternative use
CA0000 · Redwood City, 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 Redwood City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redwood City 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
$238 / 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
$56,879
Tax year 2024
Assessed value
$4,699,134
Assessed 2024
Previous assessed
$4,699,134
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$3,004,563
Assessed improvement
$1,694,571
Applied tax rate
9.0000
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
1982
Heating
NONE
Stories
2
Total area
17,861 SF
Lot
0.46 ac (20,000 SF)
Zoning code
CA0000
APN
052-331-120
UPID
US10-3187098
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CA0000 · Redwood City, CA
Zoning CA0000 · permitted uses
CA0000 · Redwood City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redwood City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
County San Mateo
Entity
Mailing address
801 HAMILTON ST, REDWOOD CITY, CA 94063-1652
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
—
County San Mateo
Premia 601 LLC
Grant Deed
—
Mar 11, 2019
—
Premia 601 LLC
—
Deed
related
$3,400,000 · Jpmorgan Chase Bank NA
Aug 4, 2015
—
Premia 601 LLC
Premia South LLC
Grant Deed
$4,000,000 · Jpmorgan Chase Bank NA
Sep 19, 2013
$2,446,000
Premier South County LLC
601 Allerton LLC
Grant Deed
—
Aug 12, 2010
$4,950,000
601 Allerton LLC
Allerton Building LLC
Grant Deed
—
Jun 6, 2006
$6,100,000
Allerton Building LLC
D & D Real Estate
Grant Deed
$3,600,000 · Lasalle National Bank
Sep 21, 2005
—
Real Estate
—
Trustees Deed
related
$3,400,000 · Comerica Bank
Sep 13, 1999
$1,744,000
Real Estate LP
Hunter Trust
Grant Deed
related
—
Aug 27, 1999
$25,000
D & D Hunter Family Corp
Hunter Trust
Trustees Deed
related
—
Aug 27, 1999
—
Breck,antonia H
Hunter Trust
Trustees Deed
related
—
Apr 21, 1994
—
Derek K Hunter Trustee
Hunter,derk K
Quit Claim Deed
related
$1,925,000 · United Pacific Life
Jan 9, 1991
—
Derk Hunter
Rayo Company LP
Grant Deed
related
—
Dec 30, 1988
$1,875,000
The Rayo Company
Ray,j.
Grant Deed
related
$2,245,000 · Mercury Savings & Loan
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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