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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Manufacturing properties
741 Warrington Ave, Redwood City, CA 94063-3525
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2081715
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1954
Total area
3,657 SF
Lot
0.13 ac (5,495 SF)
Zoning code
ML00M1
APN
054-184-110
UPID
US09-2081715
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
-
M & M Studio Weight Loss Service Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.50M
Owner & transaction history
Westside Warrington LLC · 1 yrs held
Westside Warrington LLC
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
ML00M1 · Redwood City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.5M
+112.1%
Neighborhood: shopping center
$2.0M
+68.0%
Commercial (general)
$1.7M
+43.9%
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 Redwood City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redwood City 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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,175,000
Current use
OFFICE BUILDING
$2,490,000
Change: +112% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,975,000
Change: +68% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,690,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,660,000
Change: +41% · Conversion: Easy
RETAIL STORES
$1,580,000
Change: +35% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,200,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Oct 8 2024)
Last sale anchor
$1.50M
Oct 8 2024
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
$410 / 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
$20,603
Tax year 2024
Assessed value
$1,756,938
Assessed 2024
Previous assessed
$1,756,938
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,617,500
Assessed improvement
$139,438
Applied tax rate
73.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1954
Heating
NONE
Stories
1
Total area
3,657 SF
Lot
0.13 ac (5,495 SF)
Zoning code
ML00M1
APN
054-184-110
UPID
US09-2081715
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
ML00M1 · Redwood City, CA
Zoning ML00M1 · permitted uses
ML00M1 · Redwood City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redwood City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
OFFICE BUILDING
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1954
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Westside Warrington LLC
Entity
Mailing address
PO BOX 620299, WOODSIDE, CA 94062-0299
Ownership since
2024
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
Oct 8, 2024
$1,500,000
Westside Warrington LLC
741 745 Warrington LLC
Grant Deed
$1,275,000 · Us Bank NA
May 8, 2018
—
741745 Warrington LLC
—
Deed
related
$787,500 · The Mortgage Capital Development Corp
Apr 23, 2018
$1,575,000
741 745 Warrington LLC
Kohlweiss INC A California Corp
Grant Deed
$787,500 · Community Bank Of The Bay
Apr 20, 2018
—
Kohlweiss INC
Kohlweiss,frank R & Theresa M
Quit Claim Deed
related
—
Nov 22, 2017
—
Frank R Kohlweiss
—
Deed
related
$100,000 · Herzer Financial Services INC
Jun 30, 2017
—
Rank R Kohlweiss
—
Deed
related
$500,000 · Nicol Inv
Sep 16, 2016
—
Frank R Kohlweiss
—
Deed
related
$3,200,000 · Keypoint Cu
Aug 31, 2016
—
Frank R Kohlweiss
—
Deed
related
$1,265,000 · Keypoint Cu
—
—
Frank R Kohlweiss
—
Deed Of Trust
related
$60,000 · Individual
—
—
Frank R Kohlweiss
—
Deed Of Trust
related
$300,000 · First National Bank N Ca
—
—
Frank R Kohlweiss
—
Deed Of Trust
related
$1,000,000 · Mother Lode Bk
—
—
Frank R Kohlweiss
—
Deed Of Trust
related
$1,265,000 · Keypoint Cu
—
—
Frank R Kohlweiss
—
Deed Of Trust
related
$3,200,000 · Keypoint Cu
—
—
Rank R Kohlweiss
—
Deed Of Trust
related
$500,000 · Nicol Inv
—
—
Frank R Kohlweiss
—
Deed Of Trust
related
$450,000 · United American Bank
—
—
Frank R Kohlweiss
—
Deed Of Trust
related
$50,000 · Nicol Corp
—
—
Frank R Kohlweiss
—
Deed Of Trust
related
$74,000 · Al Peyinghaus Enterprises
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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