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Property profile & analytics
OFF-MARKET
Estimated value
$2,935,000
Manufacturing properties
938 Amphlett Blvd San Mateo, CA 94402-1801
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2244995
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1949
Total area
8,280 SF
Lot
0.23 ac (10,000 SF)
Zoning code
CH00C4
APN
033-323-080
UPID
US09-2244995
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
-
Christmas Light Pros of Burlingame Electrical Service General Contractor
-
Personal Awards Inc (Bike/Boat/Book/etc) Store
-
FogDogs Dog Walker
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.72M
CAP Approach
CAP
$1.84M
Comparable Approach
Comparable
$4.02M
Blend (final)
Blend
$2.94M
Owner & transaction history
Frank M York · 4 yrs held
Frank M York
since 2022
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
CH00C4 · San Mateo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.5M
+64.9%
Retail stores
$4.0M
+48.1%
Commercial (general)
$3.8M
+41.2%
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 San Mateo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Mateo 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
$2,815,000
ML approach
$2,715,000
CAP Approach
CAP Return
Estimation
6%
$1,990,000
6.5%
$1,835,000
7%
$1,705,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,710,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,470,000
Change: +65% · Conversion: Difficult
RETAIL STORES
$4,015,000
Change: +48% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,825,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,760,000
Change: +39% · Conversion: Easy
WAREHOUSE, STORAGE
$3,170,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$2.94M
Range $2.64M – $3.23M · ±10% · vs last sale $3.10M (Jul 1 2022)
Last sale anchor
$3.10M
Jul 1 2022
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
$354 / 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
$39,646
Tax year 2024
Assessed value
$3,162,000
Assessed 2024
Previous assessed
$3,162,000
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$2,244,000
Assessed improvement
$918,000
Applied tax rate
12.0000
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
Off-Market
Year built
1949
Heating
NONE
Stories
1
Total area
8,280 SF
Lot
0.23 ac (10,000 SF)
Zoning code
CH00C4
APN
033-323-080
UPID
US09-2244995
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CH00C4 · San Mateo, CA
Zoning CH00C4 · permitted uses
CH00C4 · San Mateo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Mateo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
RETAIL STORES
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.8M
WAREHOUSE, STORAGE
Est. value
$3.2M
INDUSTRIAL (GENERAL) Current
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
1949
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Frank M York
Individual
Mailing address
1629 MAIN ST, REDWOOD CITY, CA 94063-2121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2022
$3,100,000
Frank M York
Bayshore Views LP
Grant Deed
$1,600,000 · First Republic Bank
Jun 7, 2018
—
Bayshore Views LP
Bayshore Views LP
Intrafamily Transfer
related
$1,300,000 · Cathay Bank
Feb 17, 2017
$2,400,000
Bayshore Views LP
Guibara Albert Trust
Grant Deed
$1,200,000 · Delue R S & R 1995 Trust (rt)
Apr 21, 2014
—
Guibara,albert Trust
Guibara,albert E
Quit Claim Deed
related
—
Dec 26, 2006
$475,000
Albert E Guibara
Sullivan,john M & Ella J
Grant Deed
—
Jan 23, 1996
$119,000
John M Sullivan
Guibara,albert E
Grant Deed
—
—
—
Albert E Guibara
—
Deed Of Trust
related
$160,000 · Scott & Tracey Bilter
—
—
Albert E Guibara
—
Deed Of Trust
related
—
—
—
Albert E Guibara
—
Deed Of Trust
related
$50,000 · Individual
—
—
Albert E Guibara
—
Deed Of Trust
related
$860,000 · O'meara M Patrick Trust
—
—
Albert E Guibara
—
Deed Of Trust
related
$500,000 · Chaknova Family Trust
—
—
Albert E Guibara
—
Deed Of Trust
related
—
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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