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Property profile & analytics
FOR LEASE
Office buildings
950 Tower Ln Foster City, CA 94404
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2002882
For Lease
1 / 3
$21,630,000
950 Tower Ln, Foster City, CA 94404
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1986
Total area
400,000 SF
Lot
4.39 ac (191,101 SF)
Zoning code
C10000
APN
094-522-270
UPID
US09-2002882
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.63M
Owner & transaction history
Hudson Metro Center LLC · 11 yrs held
Hudson Metro Center LLC
since 2015
7 recorded transactions
Zoning & alternative use
C10000 · Foster City, CA
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 Foster City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Foster City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$54 / 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
$2,538,506
Tax year 2024
Assessed value
$220,281,868
Assessed 2024
Previous assessed
$220,281,868
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$29,256,810
Assessed improvement
$191,025,058
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1986
Heating
NONE
Stories
20
Total area
400,000 SF
Lot
4.39 ac (191,101 SF)
Zoning code
C10000
APN
094-522-270
UPID
US09-2002882
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C10000 · Foster City, CAZoning C10000 · permitted uses
C10000 · Foster City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CDD/Zoning (FeatureServer)
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
20
Lot
4.39 ac
Current owner
From public records · entity-resolved
Hudson Metro Center LLC
Entity
Free & Clear · 11 yrs held
Mailing address
11601 WILSHIRE BLVD, LOS ANGELES, CA 90025-0509
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2015
—
Hudson Metro Center LLC
Hudson Pacific Properties LP
Quit Claim Deed
related
—
Apr 3, 2015
$160,558,000
Hudson Pacific Properties LP
Ca-metro Center LP
Grant Deed
—
Nov 16, 2001
—
Metro Tce LLC
Town Center East
Trustees Deed
$45,500,000 · Prudential Mortgage Capital Co
Jul 25, 2000
—
Shurl Curci
Curci,kay
Quit Claim Deed
related
—
Jul 25, 2000
$250,500
Curci,shurl
Metro Center Tower LLC
Trustees Deed
—
Apr 30, 1998
—
Properties LP Spieker
Metro Center Tower LLC
Grant Deed
related
—
Dec 23, 1996
—
Metro Center Tower LLC
—
Deed Of Trust
related
$63,500,000 · Lehman Capital Corp
Dec 19, 1996
$128,000
Curci,shurl
Metro Center Tower LP
Trustees Deed
—
Dec 19, 1996
—
Shurl Curci
Curci,kay
Quit Claim Deed
related
—
Aug 17, 1995
—
Metro Center Tower LP
Metro Center Tower Venture
Quit Claim Deed
related
—
—
—
Metro Center Tower LLC
—
Deed Of Trust
related
$12,825,000 · Lehman Brothers Holdings INC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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