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Property profile & analytics
OFF-MARKET
Estimated value
$2,815,000
Grocery and convenience stores
720 Menlo Ave Menlo Park, CA 94025-4704
Trust Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1183270
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1955
Total area
14,562 SF
Lot
0.67 ac (29,275 SF)
Zoning code
CL00C3
APN
071-284-110
UPID
US09-1183270
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
-
Trader Joe's Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.82M
Owner & transaction history
Mcfarlane,robert W & Ann Trust · 9 yrs held
Mcfarlane,robert W & Ann Trust
since 2017
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$193 / 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
$37,905
Tax year 2024
Assessed value
$3,032,802
Assessed 2024
Previous assessed
$3,032,802
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$2,529,303
Assessed improvement
$503,499
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1955
Heating
NONE
Stories
1
Total area
14,562 SF
Lot
0.67 ac (29,275 SF)
Zoning code
CL00C3
APN
071-284-110
UPID
US09-1183270
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.
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Stories
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Mcfarlane,robert W & Ann Trust
Trust
Mailing address
333 OLD COMERS RD, CHATHAM, MA 02633-1312
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2017
$2,050,000
Mcfarlane,robert W & Ann Trust
Proctor Sheilah J Trust
Grant Deed
related
—
Jun 28, 2017
—
Proctor,robert W & Ann M Trust
—
Deed
related
$5,200,000 · Wells Fargo Bk
Apr 17, 2017
—
Procotor,robert W & A M Trust
—
Deed
related
$1,650,000 · Del Sceeo 1987 Trust (rt)
Jun 26, 2008
—
Proctor Robert W & A Trust
Proctor R W 1999 Trust
Quit Claim Deed
related
—
Jan 4, 2007
—
Robert W Proctor
Proctor S J 1999 Trust
Quit Claim Deed
—
Dec 22, 2003
—
Proctor,tr
Proctor,tr
Quit Claim Deed
related
$1,404,247 · Comerica Bank
Apr 13, 2000
—
Robert W Proctor
Jacobs Trust
Grant Deed
related
—
Sep 30, 1999
—
Proctor Trust
Proctor,sheilah J
Quit Claim Deed
related
—
Oct 14, 1992
—
Dolores Jacobs Trust
Jacobs Dolores I
Quit Claim Deed
related
—
—
—
Jacobs T Dolores
—
Deed Of Trust
related
$400,000 · University Bank
—
—
Dolores I Jacobs
—
Deed Of Trust
related
$150,000 · Security Pacific National Bank
—
—
Proctor,robert W & Ann M Trust
—
Deed Of Trust
related
$5,200,000 · Wells Fargo Bk
—
—
Procotor,robert W & A M Trust
—
Deed Of Trust
related
$1,650,000 · Del Sceeo 1987 Trust (rt)
—
—
Jacobs Trust
—
Deed Of Trust
related
$1,200,000 · Comerica Bank California
—
—
Proctor Robert W 1999 Trust
—
Deed Of Trust
related
$1,246,369 · Comerica Bank
—
—
Jacobs Trust
—
Deed Of Trust
related
$125,000 · University Bank
—
—
Jacobs,d./proctor,s. Trustee
—
Deed Of Trust
related
$75,000 · University Bank
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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