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Property profile & analytics
FOR SALE
Turn key restaurants
709 S B St San Mateo, CA 94401
Trust Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1403305
For Sale
1 / 3
Contact for pricing
709 S B St, San Mateo, CA 94401
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1920
Total area
4,060 SF
Lot
0.1 ac (4,400 SF)
Zoning code
CL00C2
APN
034-195-040
UPID
US09-1403305
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
-
Yuppie Cantina Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lee,bo S Trust · 7 yrs held
Lee,bo S Trust
since 2018
6 recorded transactions
Zoning & alternative use
CL00C2 · San Mateo, 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 Mateo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Mateo 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
—
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
$11,085
Tax year 2024
Assessed value
$627,270
Assessed 2024
Previous assessed
$627,270
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$350,478
Assessed improvement
$276,792
Applied tax rate
12.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1920
Heating
NONE
Total area
4,060 SF
Lot
0.1 ac (4,400 SF)
Zoning code
CL00C2
APN
034-195-040
UPID
US09-1403305
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00C2 · San Mateo, CA
Zoning CL00C2 · permitted uses
CL00C2 · San Mateo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Mateo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
Lee,bo S Trust
Trust
Free & Clear · 7 yrs held
Mailing address
23401 COYOTE SPGS DR, DIAMOND BAR, CA 91765-2620
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Nov 29, 2018
—
Lee,bo S Trust
Lee Bo S Trust
Quit Claim Deed
related
—
Apr 28, 2015
—
Lee,bo S Trust
Lee Bo
Quit Claim Deed
related
—
Oct 15, 2004
—
Lee Bo S Trust
Lee,bo S
Quit Claim Deed
related
—
Jun 14, 2002
—
Elton R Lee
Lee Trust
Quit Claim Deed
related
—
Apr 9, 1997
—
Lee Trust
Lee,paul G & Bo S
Quit Claim Deed
related
—
—
—
Paul Lee
—
Deed Of Trust
related
$300,000 · Burlingame Bank & Trust Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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