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Property profile & analytics
OFF-MARKET
Estimated value
$19,370,000
Apartment buildings
885 Woodside Rd Redwood City, CA 94061-3773
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2271415
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2010
Total area
47,235 SF
Lot
0.67 ac (29,048 SF)
APN
059-240-920
UPID
US09-2271415
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
-
885 Woodside Apartments Real Estate Agency
-
Miraido village apartments Apartment Building
-
Cheehoo Tech Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.78M
Comparable Approach
Comparable
$25.51M
Blend (final)
Blend
$19.37M
Owner & transaction history
885 Woodside LLC · 9 yrs held
885 Woodside LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$32.2M
+88.0%
Restaurant
$31.9M
+86.6%
Neighborhood: shopping center
$25.5M
+48.9%
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%
$21,425,000
6.5%
$19,780,000
7%
$18,365,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$17,115,000
Current use
OFFICE BUILDING
$32,180,000
Change: +88% · Conversion: Moderate
RESTAURANT
$31,940,000
Change: +87% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$25,490,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$21,830,000
Change: +28% · Conversion: Moderate
AUTO REPAIR, GARAGE
$21,460,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$20,425,000
Change: +19% · Conversion: Difficult
WAREHOUSE, STORAGE
$15,475,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$19.37M
Range $17.43M – $21.31M · ±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
$410 / 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
$377,989
Tax year 2024
Assessed value
$34,237,283
Assessed 2024
Previous assessed
$34,237,283
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$8,124,100
Assessed improvement
$26,113,183
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2010
Heating
NONE
Stories
5
Units
42
Rooms
15
Bathrooms
7
Total area
47,235 SF
Lot
0.67 ac (29,048 SF)
APN
059-240-920
UPID
US09-2271415
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$17.1M
OFFICE BUILDING
Est. value
$32.2M
RESTAURANT
Est. value
$31.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$25.5M
COMMERCIAL (GENERAL)
Est. value
$21.8M
AUTO REPAIR, GARAGE
Est. value
$21.5M
RETAIL STORES
Est. value
$20.4M
WAREHOUSE, STORAGE
Est. value
$15.5M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
2010
Heating
NONE
Stories
5
Units
42
Rooms
15
Bathrooms
7
Lot
0.67 ac
Current owner
From public records · entity-resolved
885 Woodside LLC
Entity
Mailing address
951 INDUSTRIAL RD, SAN CARLOS, CA 94070-4153
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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 13, 2021
—
885 Woodside LLC
—
Deed
related
$11,816,000 · Wells Fargo Bank NA
Nov 29, 2016
—
885 Woodside LLC
—
Deed
related
$10,500,000 · Jpmorgan Chase Bank NA
Oct 25, 2016
—
885 Woodside LLC
480/520 San Antonio Road LLC
Grant Deed
—
Jan 15, 2016
$29,500,000
480/520 San Antonio Road LLC
885 Woodside Rd LLC
Grant Deed
—
Aug 25, 2011
$23,700,000
885 Woodside Rd LLC
Nicholson-lamb Venture LP
Grant Deed
—
Jul 23, 2010
—
Nicholson-lamb Venture LP
—
Deed Of Trust
related
$16,495,000 · Redwood Capital Finance Co LLC
Sep 29, 2009
—
Nicholson-lamb Venture
—
Deed Of Trust
related
$19,500,000 · Redwood Capital Finance Co LLC
May 12, 2009
—
Nicholson-lamb Venture
—
Deed Of Trust
related
$19,500,000 · Redwood Capital Finance Co LLC
Dec 20, 2005
—
Health Equity Investments LLC
Woodside 2 Story LLC
Grant Deed
—
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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