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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Investment properties
939 Laurel St 103 San Carlos, CA 94070-3943
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2093222
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1987
Total area
1,829 SF
Lot
0.04 ac (1,817 SF)
Zoning code
PC0000
APN
113-700-030
UPID
US09-2093222
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
-
Great Interactions Website Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Fidelity National Title Title Company
-
San Mateo County Dental Society Charitable Organization Social Service Agency
-
Kinghorn Commercial Properties Real Estate Agency
-
Zafferano Marc L Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
$910k
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.44M
Owner & transaction history
San Mateo Cnty Dental Society · 5 yrs held
San Mateo Cnty Dental Society
since 2021
Last sale
$1.4M
2 recorded transactions
Zoning & alternative use
PC0000 · San Carlos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+60.2%
Office building
$1.2M
+38.8%
Neighborhood: shopping center
$985,000
+16.8%
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 Carlos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Carlos 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
$1,460,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
$985,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,355,000
Change: +60% · Conversion: Easy
OFFICE BUILDING
$1,175,000
Change: +39% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$985,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±10% · vs last sale $1.40M (Jan 27 2021)
Last sale anchor
$1.40M
Jan 27 2021
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
$787 / 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
$18,473
Tax year 2024
Assessed value
$1,485,690
Assessed 2024
Previous assessed
$1,485,690
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$445,707
Assessed improvement
$1,039,983
Applied tax rate
11.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1987
Heating
NONE
Stories
1
Total area
1,829 SF
Lot
0.04 ac (1,817 SF)
Zoning code
PC0000
APN
113-700-030
UPID
US09-2093222
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
PC0000 · San Carlos, CA
Zoning PC0000 · permitted uses
PC0000 · San Carlos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Carlos. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$985,000
RETAIL STORES
OFFICE BUILDING
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
1987
Heating
NONE
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
San Mateo Cnty Dental Society
Individual
Free & Clear · 5 yrs held
Mailing address
525 VETERANS BLVD #102, REDWOOD CITY, CA 94063-1140
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2021
$1,400,000
San Mateo Cnty Dental Society
Bsns LLC
Grant Deed
—
Apr 13, 2018
$2,138,000
Bsns LLC
J Wing Partners
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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