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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Office buildings
725 Main St Half Moon Bay, CA 94019-1924
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-0156428
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1925
Total area
1,735 SF
Lot
0.13 ac (5,725 SF)
Zoning code
CH00C2
APN
056-192-220
UPID
US09-0156428
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$910k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$990k
Owner & transaction history
Joseph Angelini · 2 yrs held
Joseph Angelini
since 2023
Last sale
$965,000
7 recorded transactions
Zoning & alternative use
CH00C2 · Half Moon Bay, 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 Half Moon Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Half Moon Bay 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
$1,060,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,115,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$935,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10% · vs last sale $965k (Aug 16 2023)
Last sale anchor
$965k
Aug 16 2023
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
$571 / 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
$11,513
Tax year 2024
Assessed value
$965,000
Assessed 2024
Previous assessed
$965,000
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$600,000
Assessed improvement
$365,000
Applied tax rate
17.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1925
Heating
NONE
Stories
1
Total area
1,735 SF
Lot
0.13 ac (5,725 SF)
Zoning code
CH00C2
APN
056-192-220
UPID
US09-0156428
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CH00C2 · Half Moon Bay, CA
Zoning CH00C2 · permitted uses
CH00C2 · Half Moon Bay, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Half Moon Bay. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$935,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
1925
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Joseph Angelini
Individual
Mailing address
PO BOX 367, HALF MOON BAY, CA 94019-0367
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
—
Joseph Angelini
—
Deed
related
$110,000 · Tri Counties Bank
Aug 16, 2023
$965,000
Joseph Angelini
Lourdes Henares Levy
Grant Deed
$975,000 · Rick Angellini
May 26, 2020
—
Lan M Warhaftig
—
Deed
related
$440,000 · Us Bk
Aug 17, 2017
—
Henares-levy,lourdes Trust
Henares-levy,lourdes
Quit Claim Deed
related
—
Feb 19, 2015
—
Lourdes Henares Levy
Nenita K Newberg
Intrafamily Transfer
related
$440,000 · Us Bank NA
Nov 30, 2006
—
Alan M Warhaftig
Warhaftig,cynthia B
Quit Claim Deed
related
—
Nov 30, 2006
$1,050,000
Lourdes Henares-levy
Penrose,deborah B
Grant Deed
$500,000 · Deborah B Penrose
Jul 14, 1998
$450,000
Deborah B Penrose
Mandel,saralynn & Michael L
Grant Deed
$470,000 · Money Store Commercial Mtg
Jul 1, 1997
$375,000
Saralynn Mandel
Jorgensen,beverly F
Grant Deed
$337,500 · Comerica Bank California
Nov 10, 1994
—
Beverly F Jorgensen
Jorgensen,eric L
Quit Claim Deed
related
—
Nov 10, 1994
$67,500
Jorgensen,beverly F
Phelps,lawrence S
Trustees Deed
$57,500 · Seller
—
—
Deborah B Penrose
—
Deed Of Trust
related
$153,900 · Gmac Mortgage Corp
—
—
Lan M Warhaftig
—
Loan Modification
related
$440,000 · Us Bk
—
—
Lourdes Henares-levy
—
Deed Of Trust
related
$425,000 · Suzanne B Byrne
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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