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Property profile & analytics
OFF-MARKET
Estimated value
$3,950,000
Retail space
875 Main St Redwood City, CA 94063-1901
Trust Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3101315
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Total area
22,092 SF
Lot
0.38 ac (16,570 SF)
Zoning code
CL00CB
APN
053-233-220
UPID
US10-3101315
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
-
Savers Community Donation Center Charitable Organization
-
Savers Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.46M
Blend (final)
Blend
$3.95M
Owner & transaction history
Peng,solon C Trust · 7 yrs held
Peng,solon C Trust
since 2019
7 recorded transactions
Zoning & alternative use
CL00CB · Redwood City, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.95M
Range $3.56M – $4.35M · ±10%
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
$179 / 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
$64,265
Tax year 2024
Assessed value
$4,470,087
Assessed 2024
Previous assessed
$4,470,087
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$1,503,235
Assessed improvement
$2,966,852
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1956
Heating
NONE
Stories
1
Total area
22,092 SF
Lot
0.38 ac (16,570 SF)
Zoning code
CL00CB
APN
053-233-220
UPID
US10-3101315
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00CB · Redwood City, CA
Zoning CL00CB · permitted uses
CL00CB · 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.
Building & site characteristics
From public records
Year built
1956
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Peng,solon C Trust
Trust
Mailing address
603 SAN CLEMENTE LN, FOSTER CITY, CA 94404-3746
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2019
—
Peng,solon C Trust
Peng,solon C L
Correction Deed
related
—
Dec 24, 2018
—
Peng,solon C Trust
Peng,solon C L
Quit Claim Deed
related
—
Oct 12, 2007
—
Solon C L Peng
Peng,solon C L & Tammy
Quit Claim Deed
related
—
Oct 25, 2004
$3,271,000
Solon C L Peng
Mpfs Ventures LLC
Grant Deed
—
Apr 26, 2002
—
William O Ellison
Ellison,kathryn C
Quit Claim Deed
related
—
Apr 26, 2002
$1,600,000
Mpfs Ventures LLC
Ellison,william O
Grant Deed
$800,000 · Wells Fargo Bank
—
—
Redwood Associates
—
Deed Of Trust
related
$364,500 · Seafirst Bank
—
—
Solon C L Peng
—
Deed Of Trust
related
$200,000 · Bank Of East Asia
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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