Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,070,000
Warehouses
614 Mtn Vw Ave 616 Belmont, CA 94002-2533
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1768842
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1957
Total area
5,200 SF
Lot
0.23 ac (9,988 SF)
Zoning code
C40000
APN
040-261-390
UPID
US09-1768842
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.07M
Owner & transaction history
Epm Commercial Bel LLC · 3 yrs held
Epm Commercial Bel LLC
since 2023
7 recorded transactions
Zoning & alternative use
C40000 · Belmont, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.3M
+67.6%
Neighborhood: shopping center
$2.8M
+41.0%
Retail stores
$2.6M
+32.9%
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 Belmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belmont 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,990,000
Current use
OFFICE BUILDING
$3,335,000
Change: +68% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,805,000
Change: +41% · Conversion: Moderate
RETAIL STORES
$2,645,000
Change: +33% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,405,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,360,000
Change: +19% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,800,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$2.07M
Range $1.86M – $2.28M · ±10%
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
$398 / 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
$44,059
Tax year 2024
Assessed value
$3,178,317
Assessed 2024
Previous assessed
$3,178,317
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$2,117,109
Assessed improvement
$1,061,208
Applied tax rate
3.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1957
Heating
NONE
Stories
1
Total area
5,200 SF
Lot
0.23 ac (9,988 SF)
Zoning code
C40000
APN
040-261-390
UPID
US09-1768842
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C40000 · Belmont, CA
Zoning C40000 · permitted uses
C40000 · Belmont, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belmont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.0M
OFFICE BUILDING
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
RETAIL STORES
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1957
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Epm Commercial Bel LLC
Entity
Mailing address
1 ALMADEN BLVD STE #700, SAN JOSE, CA 95113-2214
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2023
—
Epm Commercial Bel LLC
Patrick Coyne
Grant Deed
—
Apr 15, 2021
$2,995,000
Patrick Coyne
Rosewood Oaks Property Management L
Grant Deed
—
May 29, 2013
$1,050,000
Rosewood Oaks Prop Mgmt LLC
Finkle,harry & Sally
Grant Deed
—
Mar 15, 2011
—
Harry R Finkle
Finkel,harry R & Sally
Quit Claim Deed
related
$686,598 · Bank Of The West
Nov 21, 2005
—
David B Newman
D & J Title Co INC
Quit Claim Deed
related
$508,541 · Greater Bay Bank
Nov 21, 2005
$975,000
Harry R Finkel
Newman,david B
Grant Deed
—
Nov 10, 2005
—
David B Newman
Reich,john
Quit Claim Deed
related
—
Nov 26, 2002
$975,000
Newman,tr
Bottini,anthony C & Pepper G
Grant Deed
$488,000 · Wells Fargo Bank
Nov 26, 2002
—
Anthony C Bottini
Bottini,anthony C
Quit Claim Deed
related
—
Dec 29, 1999
$175,000
Anthony C Bottini
Us Combusion Products INC
Grant Deed
related
—
Oct 1, 1998
$164,500
Anthony C Bottini
Bottini,anthony C & Pepper G
Grant Deed
related
$329,000 · Heller Financial
Apr 4, 1997
$355,000
Bottini,anthony C & Pepper G
Dove Holdings Corp
Trustees Deed
$319,500 · Heller First Capital
Feb 11, 1992
$399,000
Ross Dove Compan
Ernst Gerald L
Grant Deed
$309,000 · Seller
—
—
Gerald L Ernst
—
Deed Of Trust
related
$100,000 · Individual
—
—
Harry R Finkel
—
Deed Of Trust
related
$731,250 · City National Bank
—
—
Gerald L Ernst
—
Deed Of Trust
related
$280,000 · Malcolm Drilling
—
—
Dove Holdings Corp
—
Deed Of Trust
related
$309,000 · Ernst Trust
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 614 Mtn Vw Ave, Unit 616?
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.