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Property profile & analytics
OFF-MARKET
Estimated value
$112,525,000
Manufacturing properties
810 Malcolm Rd, Burlingame, CA 94010-1407
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0788433
Property profile
Verified
Property type
Manufacturing properties
Use group
CANNERY
Year built
1965
Total area
55,000 SF
Lot
1.64 ac (71,530 SF)
Zoning code
ML00M1
APN
026-301-180
UPID
US09-0788433
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
-
GE Monogram Expert Home Appliance Store Hardware & Home Improvement
-
Home Alliance Home Appliance Store
-
飞机餐工厂 Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$112.53M
Owner & transaction history
King 1699 Bayshore Owner LLC · 3 yrs held
King 1699 Bayshore Owner LLC
since 2023
Last sale
$109.0M
7 recorded transactions
Zoning & alternative use
ML00M1 · Burlingame, 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 Burlingame submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlingame 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
$119,575,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$112.53M
Range $101.27M – $123.78M · ±10% · vs last sale $109.00M (Jan 9 2023)
Last sale anchor
$109.00M
Jan 9 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
$2,046 / 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
$754,263
Tax year 2024
Assessed value
$67,174,740
Assessed 2024
Previous assessed
$67,174,740
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$40,174,740
Assessed improvement
$27,000,000
Applied tax rate
4.0000
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
CANNERY
Status
Off-Market
Year built
1965
Heating
NONE
Total area
55,000 SF
Lot
1.64 ac (71,530 SF)
Zoning code
ML00M1
APN
026-301-180
UPID
US09-0788433
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
ML00M1 · Burlingame, CA
Zoning ML00M1 · permitted uses
ML00M1 · Burlingame, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlingame. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Lot
1.64 ac
Current owner
From public records · entity-resolved
King 1699 Bayshore Owner LLC
Entity
Mailing address
800 BOYLSTON ST STE #2400, BOSTON, MA 02199-8160
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2023
$109,000,000
King 1699 Bayshore Owner LLC
King Bayshore Owner LLC
Grant Deed
—
May 11, 2021
$13,100,000
King Bayshore Owner LLC
Mti Properties LLC
Grant Deed
—
May 5, 2016
—
Michael T Nakamura
Old Bayshore Plaza
Quit Claim Deed
$9,000,000 · Sterling Bank & Trust Fsb
Sep 22, 2006
—
Bayshore Plaza Old
Mti Properties LLC
Grant Deed
related
—
Nov 12, 1999
—
Michael T Nakamura
Sky Chefs INC
Grant Deed
$3,000,000 · Heller Financial
—
—
Michael T Nakamura
—
Deed Of Trust
related
$200,000 · United Commercial Bank
—
—
Michael T Nakamura
—
Deed Of Trust
related
$4,810,000 · United Commercial Bank
—
—
Michael T Nakamura
—
Deed Of Trust
related
$370,000 · United Commercial Bank
—
—
Michael T Nakamura
—
Deed Of Trust
related
$5,000,000 · United Commercial Bank
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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