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Financial
Distress signals
Property profile

66 21st Ave San Mateo, CA 94403

OFF-MARKET
Other warehouses
Property ID
US09-0563052
11,000 SF 0.32 ac lot Built 1954
Last sale Nov 2020 · $3,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of multiple private industrial/commercial kitchen suites intended for food operators. Each suite is configured to support catering and in-house food preparation and includes areas suitable for food serving and operation as a supply hub for retail food businesses. The kitchens are offered in a range of approximately 200 to 2,000 square feet, supporting different staffing and production needs. The overall facility includes on-site cold and dry food storage, staff break…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$94k
Tax billed · 2024
Assessed value$5.30M
Assessed land$2.55M
Assessed improvement$2.76M
Effective rate1.77%

Value estimate

· Oct 2026
$3.75M
$3.38M – $4.13M
AI approach$3.83M
CAP approach$2.96M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$383/SF
County average, outlier-cleaned · 258 recorded sales of this use type
Observed band · Q1–Q3$192 – $576
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C40001
JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store12.3
Storage Facility9.3
Locksmith9.1

Location

66 21st Ave San Mateo, CA 94403-1803
County assessor Recorded deeds · 12 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 12 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4021 Pacific, San Mateo, CA 94403-4666 $850,000 Sep 2024 3,404 SF
110 20th, San Mateo, CA 94403-1343 $1,250,000 Dec 2022 No data
2228 Palm, San Mateo, CA 94403-1815 $1,050,000 Feb 2021 3,850 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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