Technical
Financial
Distress signals
Property profile

69 3rd Ave San Mateo, CA 94401

OFF-MARKET
Retail space
Property ID
US09-2316699
10,672 SF 0.13 ac lot Built 1931
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1931
Total area 10,672 SF
Lot 0.13 ac (5,549 SF)
Zoning code CB000D
APN 034-142-110
UPID US09-2316699

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

69 3rd Ave San Mateo, CA 94401-4010
San Mateo metro Census 606300 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.21M
CAP Approach CAP
$4.20M
Comparable Approach Comparable
$6.22M
Blend (final) Blend
$5.45M

Owner & transaction history

since 2022
Last sale
$6.0M
7 recorded transactions
2022
Price N/A
2022
$6.0M
2016
Price N/A
2015
Price N/A
1994
$1.3M
1994
Price N/A
1969
Price N/A

Zoning & alternative use

CB000D · San Mateo, CA
Top alternative use upside
Restaurant $7.2M +39.5%
Office building $7.0M +34.5%
Neighborhood: shopping center $5.8M +11.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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