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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Office buildings
655 Skwy Rd San Carlos, CA 94070-2709
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-2447790
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1963
Total area
22,000 SF
Lot
3.27 ac (142,617 SF)
Zoning code
M2000H
APN
046-081-550
UPID
US09-2447790
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
-
FogChain, Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
Skytrekker Aviation Vocational School Training Center
-
NLP Institute of California Training Center Tutoring Service
-
TaSin Sabir Photography & Design Wedding Service Photography Service
-
Bay Area Hypnosis Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$915k
Owner & transaction history
Martin M Eisenberg · 4 yrs held
Martin M Eisenberg
since 2022
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
M2000H · San Carlos, 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 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
$815,000
ML approach
$1,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $900k (Mar 24 2022)
Last sale anchor
$900k
Mar 24 2022
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
$42 / 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
$393,299
Tax year 2024
Assessed value
$33,309,932
Assessed 2024
Previous assessed
$33,309,932
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$17,509,932
Assessed improvement
$15,800,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1963
Heating
NONE
Stories
2
Total area
22,000 SF
Lot
3.27 ac (142,617 SF)
Zoning code
M2000H
APN
046-081-550
UPID
US09-2447790
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
M2000H · San Carlos, CAZoning M2000H · permitted uses
M2000H · San Carlos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
2
Lot
3.27 ac
Current owner
From public records · entity-resolved
Martin M Eisenberg
Individual
Free & Clear · 4 yrs held
Mailing address
655 SKWY RD STE #110, SAN CARLOS, CA 94070-2710
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2022
—
Martin M Eisenberg
Martin M Eisenberg
Intrafamily Transfer
related
—
Apr 7, 2015
—
Levin,sydney Trust|levin,zelda Trust
Levin Trust
Quit Claim Deed
related
—
Mar 6, 1998
$900,000
Sydney Levin Trustee
Mechanics Bank
Grant Deed
—
Jan 6, 1995
—
Cohen Trust
Cohen Trust
Quit Claim Deed
related
—
Oct 4, 1994
$315,454
Leonard Cohen Estate
Vergos Trust
Grant Deed
—
Jun 2, 1993
—
Levin,trust
Levin,s.&z.
Quit Claim Deed
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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