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Property profile & analytics
OFF-MARKET
Estimated value
$7,205,000
Warehouses
785 Broadway St Redwood City, CA 94063-3100
Entity Owned
6-yr Hold
Free & Clear
Property ID
US09-2454511
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1956
Total area
15,750 SF
Lot
0.63 ac (27,225 SF)
Zoning code
IR0000
APN
054-050-020
UPID
US09-2454511
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
$6.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.13M
Blend (final)
Blend
$7.21M
Owner & transaction history
783 785 Broadway LLC · 6 yrs held
783 785 Broadway LLC
since 2020
Last sale
$7.5M
2 recorded transactions
Zoning & alternative use
IR0000 · Redwood City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$10.7M
+107.9%
Restaurant
$10.7M
+106.4%
Neighborhood: shopping center
$8.5M
+64.7%
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 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
$5,865,000
ML approach
$6,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,160,000
Current use
OFFICE BUILDING
$10,730,000
Change: +108% · Conversion: Difficult
RESTAURANT
$10,650,000
Change: +106% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,500,000
Change: +65% · Conversion: Moderate
COMMERCIAL (GENERAL)
$7,280,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,155,000
Change: +39% · Conversion: Easy
RETAIL STORES
$6,810,000
Change: +32% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$5,060,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$7.21M
Range $6.48M – $7.93M · ±10% · vs last sale $7.50M (Jun 5 2020)
Last sale anchor
$7.50M
Jun 5 2020
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
$457 / 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
$89,989
Tax year 2024
Assessed value
$8,041,512
Assessed 2024
Previous assessed
$8,041,512
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$4,378,872
Assessed improvement
$3,662,640
Applied tax rate
9.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1956
Heating
NONE
Total area
15,750 SF
Lot
0.63 ac (27,225 SF)
Zoning code
IR0000
APN
054-050-020
UPID
US09-2454511
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
IR0000 · Redwood City, CA
Zoning IR0000 · permitted uses
IR0000 · 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
WAREHOUSE, STORAGE Current
Est. value
$5.2M
OFFICE BUILDING
Est. value
$10.7M
RESTAURANT
Est. value
$10.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.5M
COMMERCIAL (GENERAL)
Est. value
$7.3M
AUTO REPAIR, GARAGE
Est. value
$7.2M
RETAIL STORES
Est. value
$6.8M
INDUSTRIAL (GENERAL)
Est. value
$5.1M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1956
Heating
NONE
Lot
0.63 ac
Current owner
From public records · entity-resolved
783 785 Broadway LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 130667, CARLSBAD, CA 92013-0667
Ownership since
2020
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
Jun 5, 2020
$7,500,000
783 785 Broadway LLC
S J Amoroso Properties Co
Grant Deed
—
—
—
S J Amoroso Properties Co
—
Deed Of Trust
related
$500,000 · Standard 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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