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Property profile & analytics
OFF-MARKET
Estimated value
$8,505,000
Office buildings
77 San Mateo Dr San Mateo, CA 94401-2889
Entity Owned
5-yr Hold
Free & Clear
Property ID
US09-2356493
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1946
Total area
12,112 SF
Lot
0.48 ac (20,790 SF)
Zoning code
EA00E3
APN
032-311-150
UPID
US09-2356493
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
-
Brenda E. Cabral, PT Physician
-
Stephen Hurst, M.D. Physician
-
Dr. Don Y. Park Physician
-
Dr. Howard A. Cohen, MD Physician
-
Pyka Wltr Rsan Mateo Ortho Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.61M
Blend (final)
Blend
$8.51M
Owner & transaction history
La Senda 77 LLC · 5 yrs held
La Senda 77 LLC
since 2021
Last sale
$8.4M
2 recorded transactions
Zoning & alternative use
EA00E3 · San Mateo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.2M
+3.7%
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 Mateo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Mateo 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
$8,710,000
ML approach
$8,615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,900,000
Current use
RESTAURANT
$8,190,000
Change: +4% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$6,535,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$8.51M
Range $7.65M – $9.36M · ±10% · vs last sale $8.35M (Jul 13 2021)
Last sale anchor
$8.35M
Jul 13 2021
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
$702 / 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
$84,881
Tax year 2024
Assessed value
$7,155,871
Assessed 2024
Previous assessed
$7,155,871
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$4,866,991
Assessed improvement
$2,288,880
Applied tax rate
12.0000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1946
Heating
NONE
Stories
1
Total area
12,112 SF
Lot
0.48 ac (20,790 SF)
Zoning code
EA00E3
APN
032-311-150
UPID
US09-2356493
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
EA00E3 · San Mateo, CA
Zoning EA00E3 · permitted uses
EA00E3 · San Mateo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Mateo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.9M
RESTAURANT
Est. value
$8.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.5M
OFFICE BUILDING Current
RESTAURANT
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
1946
Heating
NONE
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
La Senda 77 LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 8286, FOSTER CITY, CA 94404-8286
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2023
—
La Senda 77 LLC
—
Deed
related
$3,645,000 · Citizens Equity First Cu
Jul 13, 2021
$8,350,000
La Senda 77 LLC
77 North San Mateo Drive
Grant Deed
—
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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