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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Office buildings
88 Hl Dr Brisbane, CA 94005-1200
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US10-2710074
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1977
Total area
3,875 SF
Lot
0.69 ac (30,140 SF)
Zoning code
M100
APN
005-231-150
UPID
US10-2710074
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
-
Alex Bernstine Law Office Law Firm
-
Law Office of Alex Berstein Law Firm
-
Matthew 2 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
$1.40M
Owner & transaction history
88 North Hill LLC · 18 yrs held
88 North Hill LLC
since 2008
7 recorded transactions
Zoning & alternative use
M100 · Brisbane, 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 Brisbane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brisbane 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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,090,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±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
$360 / 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
$21,951
Tax year 2024
Assessed value
$2,317,960
Assessed 2024
Previous assessed
$2,317,960
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,957,395
Assessed improvement
$360,565
Applied tax rate
18.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1977
Heating
NONE
Stories
2
Total area
3,875 SF
Lot
0.69 ac (30,140 SF)
Zoning code
M100
APN
005-231-150
UPID
US10-2710074
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
M100 · Brisbane, CA
Zoning M100 · permitted uses
M100 · Brisbane, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brisbane. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
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
1977
Heating
NONE
Stories
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
88 North Hill LLC
Entity
Mailing address
PO BOX 1113, SOUTH SAN FRANCISCO, CA 94083-1113
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2008
$1,800,000
88 North Hill LLC
Guy Fong & Wa Li Ptshp
Grant Deed
—
Apr 1, 2004
—
Guy Fong & Wa Li Partnership
Yu,henry S
Grant Deed
$578,000 · Grand Pacific Financing Corp
Jul 5, 2002
$512,533
Henry S Yu
Nguyen,hung T
Trustees Deed
—
Feb 22, 2002
—
Hung T Nguyen
Nguyen,long T
Quit Claim Deed
related
—
Mar 30, 2001
—
Hung T Nguyen
Nguyen,hung T
Quit Claim Deed
related
$150,000 · Adrian G
Apr 9, 1999
$495,000
Nguyen,hung T
With Trust
Trustees Deed
—
Apr 9, 1999
—
Hung T Nguyen
Nguyen,long
Quit Claim Deed
related
$310,000 · Seller
Oct 9, 1996
—
With Trust
With,gerald D & Elaine W
Quit Claim Deed
related
—
Apr 13, 1995
—
With Trust
With,robert J
Quit Claim Deed
related
—
Sep 17, 1993
—
With Trust
With,g.&e./with,
Quit Claim Deed
related
—
—
—
Hung T Nguyen
—
Deed Of Trust
related
$10,000 · Individual
—
—
Hung T Nguyen
—
Deed Of Trust
related
$25,000 · Individual
—
—
Guy Fong
—
Deed Of Trust
related
$840,000 · United Commercial Bank
—
—
With Trust
—
Deed Of Trust
related
$200,000 · Peninsula Bank Of Commerce
—
—
Hung T Nguyen
—
Deed Of Trust
related
$35,000 · Individual
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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