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Property profile & analytics
OFF-MARKET
Estimated value
$2,315,000
Investment properties
715 Santa Cruz Ave Menlo Park, CA 94025-4504
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1702975
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1960
Total area
10,000 SF
Lot
0.11 ac (5,000 SF)
Zoning code
CL00C3
APN
071-284-030
UPID
US09-1702975
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
-
Mike's Camera | Menlo Park Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.32M
Owner & transaction history
Richard K Feldman · 4 yrs held
Richard K Feldman
since 2021
7 recorded transactions
Zoning & alternative use
CL00C3 · Menlo Park, 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 Menlo Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menlo Park 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
$3,825,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.32M
Range $2.08M – $2.55M · ±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
$232 / 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
$9,845
Tax year 2024
Assessed value
$619,207
Assessed 2024
Previous assessed
$619,207
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$238,635
Assessed improvement
$380,572
Applied tax rate
8.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1960
Heating
NONE
Stories
2
Total area
10,000 SF
Lot
0.11 ac (5,000 SF)
Zoning code
CL00C3
APN
071-284-030
UPID
US09-1702975
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00C3 · Menlo Park, CA
Zoning CL00C3 · permitted uses
CL00C3 · Menlo Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Menlo Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$3.8M
WAREHOUSE, STORAGE
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
1960
Heating
NONE
Stories
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Richard K Feldman
Individual
Free & Clear · 4 yrs held
Mailing address
880 MORNINGSIDE DR APT M128, FULLERTON, CA 92835-3583
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
—
Richard K Feldman
Richard K Feldman
Intrafamily Transfer
related
—
Jun 2, 2021
—
Brittany Gutierrez
Denise Lansford
Grant Deed
—
Feb 7, 2020
—
Glg Nextgen INC
Live Oak Properties INC
Quit Claim Deed
—
Aug 9, 2019
—
Live Oak Properties INC
Vela Corp
Correction Deed
related
—
Nov 30, 2018
—
Glenn A Feldman
Feldman,glenn A
Quit Claim Deed
related
—
Jan 2, 2013
—
Albert M Filice
Vela Corp
Grant Deed
—
Dec 13, 2012
—
Glenn A Feldman
Feldman Family Trust
Quit Claim Deed
related
—
Sep 22, 2010
—
Feldman Carl H 2010 Trust
Feldman,carl H
Quit Claim Deed
related
—
Jan 3, 2008
—
Feldman Family Trust
Feldman,rudolf A & Joanne L
Quit Claim Deed
related
—
Oct 6, 2004
—
Live Oak Properties
Vela Corp
Grant Deed
related
—
Feb 12, 2003
—
Feldman,tr
Feldman,alfred A & Cheryl
Quit Claim Deed
related
—
Jun 18, 2001
—
Feldman Trust
Feldman,rudolf A
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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