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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Warehouses
871 Charter St Redwood City, CA 94063-3004
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1514824
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1949
Total area
11,497 SF
Lot
0.34 ac (15,000 SF)
APN
054-072-060
UPID
US09-1514824
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
-
24/7 AUTOBODY Auto Repair Shop
-
Kolkka Furniture Furniture & Home Goods Home Decor Store
-
Finnish-American Sauna Co (Bike/Boat/Book/etc) Store
-
Barry Johnson Collection Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$620k
Owner & transaction history
Working Dirt R2 LLC · 2 yrs held
Working Dirt R2 LLC
since 2024
Last sale
$620,000
7 recorded transactions
Zoning & alternative use
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 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
$620,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $620k (Jun 28 2024)
Last sale anchor
$620k
Jun 28 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
$54 / 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
$46,367
Tax year 2024
Assessed value
$4,090,315
Assessed 2024
Previous assessed
$4,090,315
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$3,001,375
Assessed improvement
$1,088,940
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1949
Heating
NONE
Total area
11,497 SF
Lot
0.34 ac (15,000 SF)
APN
054-072-060
UPID
US09-1514824
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1949
Heating
NONE
Lot
0.34 ac
Current owner
From public records · entity-resolved
Working Dirt R2 LLC
Entity
Mailing address
319 BERNARDO AVE, MOUNTAIN VIEW, CA 94043-5225
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
$620,000
Working Dirt R2 LLC
Je Investment Group LLC
Grant Deed
—
May 4, 2021
$770,000
Aje Investment Group LLC
Working Dirt R2 LLC
Grant Deed
—
Feb 3, 2021
$756,000
Bart Andre
Working Dirt R2
Grant Deed
—
Dec 16, 2020
$735,000
Bart Andre
Working Dirt R2 LLC
Grant Deed
—
Dec 16, 2020
—
Bart Andre
Bart Andre
Quit Claim Deed
related
—
Sep 1, 2020
$808,000
Bart Andre
Working Dirt R2 LLC
Grant Deed
—
Dec 26, 2019
—
Working Dirt R2 LLC
—
Deed
related
$1,000,000 · Migdal & Thorp Living Tr (lt)
Nov 5, 2019
$50,000
Working Dirt R2 LLC
Working Dirt Series A LLC
Grant Deed
—
Jul 20, 2018
—
Working Dirt R 2 LLC
—
Deed
related
$1,870,000 · First Republic Bank
Sep 13, 2017
—
Working Dirt Series A LLC
Working Dirt Series A LLC
Quit Claim Deed
related
$3,000,000 · Ira Svcs Tr Co
Aug 31, 2017
$150,000
Working Dirt LLC
Aje Investment Group LLC
Grant Deed
—
Aug 23, 2017
$1,156,000
Working Dirt R2 LLC
Aje Investment Group LLC
Grant Deed
—
Aug 7, 2017
$1,280,000
Aje Investment Group LLC
Working Dirt LLC
Grant Deed
—
Mar 1, 2017
—
Working Dirt R2 LLC
—
Deed
related
$575,000 · Migdal & Thorp Trust (lt)
Sep 26, 2016
$2,565,000
Working Dirt R2 LLC
Dalo,daud S
Grant Deed
$1,233,799 · Hiss Paul W 2001 Trust (pt)
Sep 26, 2016
—
Daud S Dalo
Dalo International 1
Quit Claim Deed
related
—
Feb 28, 2013
—
Daud S Dalo
Dalo,sabina B
Quit Claim Deed
related
$475,000 · Bank Of America
Feb 28, 2013
$950,000
Daud S Dalo
Linden Malone
Grant Deed
$475,000 · Bank Of America NA
Aug 14, 1997
$674,000
Malone,linden
Thomspon,joel A & Susanne
Trustees Deed
$471,000 · Wells Fargo Bank
Aug 14, 1997
—
Malone,linden
Pierce,lars
Trustees Deed
related
—
Jul 11, 1997
—
Susanne Thompson
Pierce Trust
Grant Deed
related
—
Nov 23, 1992
—
Margaret Hausten Pierce Trust
Pierce,margaret
Quit Claim Deed
related
—
Oct 27, 1992
—
Margaret Pierce
Pierce Robert L
Quit Claim Deed
related
—
—
—
Working Dirt R2 LLC
—
Deed Of Trust
related
$575,000 · Migdal & Thorp Trust (lt)
—
—
Working Dirt R2 LLC
—
Deed Of Trust
related
$1,000,000 · Migdal & Thorp Living Tr (lt)
—
—
Linden Malone
—
Deed Of Trust
related
$685,000 · Metropolitan 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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