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Financial
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Property profile

909 Main St Redwood City, CA 94063

FOR SALE
Retail space
Property ID
US09-2322026
4,450 SF 0.15 ac lot Built 1963
Last sale May 2017
Trust Owned Owner of record is a trust. 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

909 Main Street is a street-front commercial retail building in Redwood City, positioned along a retail corridor near the Caltrain Station. The property comprises 4,450 square feet of building area on a 6,650 square foot lot, with frontage and direct street access. The building has been leased under a triple-net (NNN) structure, where operating expenses such as property taxes, insurance, utilities, and maintenance are handled by the tenant. The surrounding area includes a mix of retailers,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$117k
Assessed land$58k
Assessed improvement$59k
Effective rate2.25%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$170k
Vacancy & credit loss−$8k
Operating expenses−$49k
NOI · 2.91% cap applied$114k

Realmo valuation models over county records and 33 qualifying comparable sales.

Recently sold

What actually traded nearby?
$432/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$108 – $551
Qualifying comparables33

Cap rate analysis

How does the asset earn?
2.91%
$114k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CB0000
JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.3
Locksmith8.2
Pawn Shop8.2

Location

909 Main St Redwood City, CA 94063
County assessor Recorded deeds · 1 transfer 33 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
746 Maple, Redwood City, CA 94063-2025 $390,000 Nov 2022 3,100 SF
128 Cedar, Redwood City, CA 94063-2104 $4,100,000 Jan 2022 5,346 SF
2636 Broadway, Redwood City, CA 94063-1533 $300,000 Nov 2021 4,500 SF
2654 Broadway, Redwood City, CA 94063 $2,800,000 Jul 2021 5,418 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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