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Property profile & analytics
OFF-MARKET
Estimated value
$83,955,000
Office buildings
75 Shoreway Rd 125, San Carlos, CA 94070-2726
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1355533
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1987
Total area
82,816 SF
Lot
5.46 ac (237,755 SF)
Zoning code
M20000
APN
046-081-280
UPID
US09-1355533
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
-
Apexigen Factory Production Facility
-
Alvine Pharmaceuticals Inc Factory Production Facility
-
Laboratory Skin Care Inc Medical Clinic Skin Care Clinic
-
Pharmacofore Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$79.91M
Blend (final)
Blend
$83.96M
Owner & transaction history
Gi Ets Shoreway LLC · 3 yrs held
Gi Ets Shoreway LLC
since 2022
Last sale
$88.0M
7 recorded transactions
Zoning & alternative use
M20000 · San Carlos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$61.3M
+15.4%
Restaurant
$56.0M
+5.4%
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 Carlos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Carlos 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
$79,910,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$53,125,000
Current use
RETAIL STORES
$61,320,000
Change: +15% · Conversion: Moderate
RESTAURANT
$56,000,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$83.96M
Range $75.56M – $92.35M · ±10% · vs last sale $88.00M (Sep 16 2022)
Last sale anchor
$88.00M
Sep 16 2022
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
$1,014 / 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
$1,022,764
Tax year 2024
Assessed value
$89,760,000
Assessed 2024
Previous assessed
$89,760,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$53,856,000
Assessed improvement
$35,904,000
Applied tax rate
11.0000
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
1987
Heating
NONE
Stories
1
Total area
82,816 SF
Lot
5.46 ac (237,755 SF)
Zoning code
M20000
APN
046-081-280
UPID
US09-1355533
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
M20000 · San Carlos, CA
Zoning M20000 · permitted uses
M20000 · San Carlos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Carlos. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$53.1M
RETAIL STORES
Est. value
$61.3M
RESTAURANT
Est. value
$56.0M
OFFICE BUILDING Current
RETAIL STORES
RESTAURANT
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
1987
Heating
NONE
Stories
1
Lot
5.46 ac
Current owner
From public records · entity-resolved
Gi Ets Shoreway LLC
Entity
Mailing address
4 EMBARCADERO CTR STE #3200, SAN FRANCISCO, CA 94111-4188
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2022
—
Giets Shoreway LLC
—
Deed
related
$213,400 · Tiaa Fsb Holdings INC
Sep 16, 2022
$88,000,000
Gi Ets Shoreway LLC
Are San Francisco No 71 LLC
Grant Deed
—
Jan 11, 2019
$73,200,000
Are-san Francisco No 71 Holdin
Premia Shoreway Owner LLC
Grant Deed
—
Jan 16, 2018
—
Premia Shoreway Owner LLC
—
Deed
related
—
Nov 18, 2015
$38,500,000
Premia Shoreway Owner LLC
Are San Francisco No 29 LLC
Grant Deed
—
Sep 28, 2006
—
Are-san Francisco No 29 LLC
—
Deed Of Trust
related
$165,000,000 · Bank Of America
Apr 12, 2006
$13,950,000
Are-san Francisco 29 LLC
Dlc 75 & 125
Grant Deed
—
Feb 7, 2006
—
75 Dlc
Wdt-shoreway
Grant Deed
—
—
—
Wdt-shoreway
—
Deed Of Trust
related
$7,250,000 · Wells Fargo Bank
—
—
Wdt-shoreway
—
Deed Of Trust
related
$8,000,000 · Principal Life Insurance 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.
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