New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,905,000
Super regional malls
875 Hamilton Ave 885, Menlo Park, CA 94025-1403
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2129487
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2000
Total area
13,489 SF
Lot
1.17 ac (51,010 SF)
Zoning code
MH0000
APN
055-398-270
UPID
US09-2129487
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
-
Mi Taqueria Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.91M
Owner & transaction history
Llbg Properties LLC · 6 yrs held
Llbg Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
MH0000 · Menlo Park, 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 Menlo Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menlo Park 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$141 / 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
$227,194
Tax year 2024
Assessed value
$17,155,230
Assessed 2024
Previous assessed
$17,155,230
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$14,496,171
Assessed improvement
$2,659,059
Applied tax rate
8.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2000
Heating
NONE
Stories
1
Total area
13,489 SF
Lot
1.17 ac (51,010 SF)
Zoning code
MH0000
APN
055-398-270
UPID
US09-2129487
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
MH0000 · Menlo Park, CA
Zoning MH0000 · permitted uses
MH0000 · Menlo Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Menlo Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Stories
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Llbg Properties LLC
Entity
Mailing address
1 HACKER WAY, MENLO PARK, CA 94025-1456
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Dec 6, 2019
$16,000,000
Llbg Properties LLC
Qtip Tougas Trust C
Grant Deed
—
Dec 6, 2019
$2,000,000
Bryan D Tougas
Tf El Camino Center LLC
Grant Deed
—
Dec 6, 2019
—
Bryan D Tougas
Diana L Tougas
Quit Claim Deed
related
—
Apr 29, 2013
—
Tf El Camino Center LLC
Vernacchia,marianne
Grant Deed
—
Dec 21, 2012
—
Doris G Tougas
Tougas Trust
Quit Claim Deed
related
—
Apr 18, 2006
—
Tougas Trust C
Tougas Family Trust
Quit Claim Deed
related
—
Dec 15, 2005
—
Tougas Trust C
Tougas Family Trust
Quit Claim Deed
related
—
—
—
Tougas Trust
—
Deed Of Trust
related
$1,213,000 · San Jose National Bank
—
—
Tougas,tr
—
Deed Of Trust
related
$92,984 · West Bay Sanitary District
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.
Try Rey
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