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Financial
Distress signals
Property profile

940 Old County Rd Belmont, CA 94002

OFF-MARKET
Retail space
Property ID
US09-2236923
2,350 SF 0.17 ac lot Built 1960
Last sale Jun 2025 · $1,510,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 2,750-square-foot executive office building is available for lease in Belmont, California. Located at 940 Old County Road, zip code 94002, this single-tenant property boasts a completely remodeled interior and exterior, completed in 2022. The building offers ample parking with 13 spaces available for tenants and their guests. The property is situated in San Mateo County and presents a turnkey solution for businesses seeking a modern and efficient workspace. The entire 2,750…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$24k
Tax billed · 2024
Assessed value$1.99M
Assessed land$1.92M
Assessed improvement$68k
Effective rate1.19%

Value estimate

· Oct 2026
$825k
$743k – $908k
CAP approach$925k

Realmo valuation models over county records and 25 qualifying comparable sales.

Recently sold

What actually traded nearby?
$509/SF
County average, outlier-cleaned · 208 recorded sales of this use type
Observed band · Q1–Q3$288 – $725
Qualifying comparables25

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store9.0
Watch Repair Shop8.9
Locksmith8.4

Location

940 Old County Rd Belmont, CA 94002-2725
County assessor Recorded deeds · 7 transfers 25 qualifying comp sales Zoning catalog · not on file

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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
898 El Camino Real, Belmont, CA 94002-2304 $510,000 Apr 2025 1,750 SF
951 Old County, Belmont, CA 94002-2773 $5,000,000 Mar 2025 6,140 SF
601 Ralston, Belmont, CA 94002-2833 $800,000 Oct 2023 3,920 SF
564 El Camino Real, Belmont, CA 94002-2121 $1,675,000 Aug 2022 4,970 SF
410 El Camino Real, Belmont, CA 94002-2177 $4,470,000 Nov 2019 4,848 SF
1201 6th, Belmont, CA 94002-3815 $1,490,000 Dec 2018 1,500 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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