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Property profile & analytics
FOR LEASE
Manufacturing properties
900 Gateway Blvd South San Francisco, CA 94080
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1256853
For Lease
Contact for pricing
900 Gateway Blvd, South San Francisco, CA 94080
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1988
Total area
13,400 SF
Lot
2.71 ac (117,883 SF)
Zoning code
M2000H
APN
015-023-200
UPID
US09-1256853
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
-
SQLA Federal Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.50M
Blend (final)
Blend
$6.69M
Owner & transaction history
Bmr-900 Gateway LP · 6 yrs held
Bmr-900 Gateway LP
since 2020
Last sale
$6.9M
7 recorded transactions
Zoning & alternative use
M2000H · South San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.1M
+106.6%
Office building
$8.6M
+96.0%
Neighborhood: shopping center
$7.2M
+64.9%
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 South San Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South San Francisco 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
$6,830,000
ML approach
$6,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,385,000
Current use
RESTAURANT
$9,060,000
Change: +107% · Conversion: Difficult
OFFICE BUILDING
$8,595,000
Change: +96% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,230,000
Change: +65% · Conversion: Difficult
RETAIL STORES
$6,815,000
Change: +55% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,195,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,085,000
Change: +39% · Conversion: Easy
WAREHOUSE, STORAGE
$5,765,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$6.69M
Range $6.02M – $7.35M · ±10% · vs last sale $6.92M (Jan 9 2020)
Last sale anchor
$6.92M
Jan 9 2020
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
$499 / 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
$218,851
Tax year 2024
Assessed value
$19,998,701
Assessed 2024
Previous assessed
$19,998,701
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$18,408,701
Assessed improvement
$1,590,000
Applied tax rate
13.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1988
Heating
NONE
Total area
13,400 SF
Lot
2.71 ac (117,883 SF)
Zoning code
M2000H
APN
015-023-200
UPID
US09-1256853
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
M2000H · South San Francisco, CAZoning M2000H · permitted uses
M2000H · South San Francisco, CA
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
INDUSTRIAL (GENERAL) Current
Est. value
$4.4M
RESTAURANT
Est. value
$9.1M
OFFICE BUILDING
Est. value
$8.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.2M
RETAIL STORES
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$6.1M
WAREHOUSE, STORAGE
Est. value
$5.8M
INDUSTRIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1988
Heating
NONE
Lot
2.71 ac
Current owner
From public records · entity-resolved
Bmr-900 Gateway LP
Entity
Mailing address
17190 BERNARDO CTR DR, SAN DIEGO, CA 92128-7030
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2021
—
Bmr Gateway Of Pacific I LP
—
Deed
related
$1,411,091 · City Of South San Francisco
Jan 9, 2020
—
Bmr-900 Gateway LP
Bmr-900 Gateway LP
Quit Claim Deed
related
—
Sep 11, 2013
—
Bmr-900 Gateway LP
Bmr-gateway Of Oyster LLC
Quit Claim Deed
—
Aug 19, 2013
—
Bmr-gateway Of Oyster LLC
Bmr-900 Gateway LP
Quit Claim Deed
—
Oct 27, 2010
$6,923,500
Bmr-900 Gateway LLC
Chamberlin Properties I LP
Grant Deed
—
Oct 27, 2010
—
Chamberlin Properties I LP
—
Deed Of Trust
related
$86,849,037 · Monumental Life Insurance
Feb 16, 1999
—
Chamberlin Trust
Chamberlin,stephen W
Quit Claim Deed
related
—
Jun 4, 1998
—
Chamberlin Properties 1 LP
—
Deed Of Trust
related
$79,250,000 · Monumental Life Insurance
Nov 26, 1996
—
Stephen W Chamberlin
Chamberlin,susan C
Quit Claim Deed
related
—
—
—
Pennsylvania Cha
—
Deed Of Trust
related
$4,500,000 · Allstate Life Insurance Co
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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