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Property profile & analytics
OFF-MARKET
Estimated value
$4,590,000
Warehouses
965 Obrien Dr Menlo Park, CA 94025-1406
Entity Owned
10-yr Hold
Free & Clear
Property ID
US09-0256574
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1957
Total area
14,768 SF
Lot
0.52 ac (22,786 SF)
Zoning code
MH0000
APN
055-421-200
UPID
US09-0256574
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
$4.98M
Blend (final)
Blend
$4.59M
Owner & transaction history
Eternal Life Church · 10 yrs held
Eternal Life Church
since 2016
4 recorded transactions
Zoning & alternative use
MH0000 · Menlo Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.5M
+32.9%
Commercial (general)
$6.8M
+20.8%
Auto repair, garage
$6.7M
+18.7%
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 Menlo Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menlo Park 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,650,000
Current use
RETAIL STORES
$7,510,000
Change: +33% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,825,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,710,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$4.59M
Range $4.13M – $5.05M · ±10%
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
$311 / 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
$2,115
Tax year 2024
Assessed value
$3,552,024
Assessed 2024
Previous assessed
$3,552,024
+0.0% YoY
Effective rate
0.06%
On assessed value
Assessed land
$2,782,797
Assessed improvement
$769,227
Applied tax rate
8.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1957
Heating
NONE
Stories
1
Total area
14,768 SF
Lot
0.52 ac (22,786 SF)
Zoning code
MH0000
APN
055-421-200
UPID
US09-0256574
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
MH0000 · Menlo Park, CA
Zoning MH0000 · permitted uses
MH0000 · Menlo Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Menlo Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.7M
RETAIL STORES
Est. value
$7.5M
COMMERCIAL (GENERAL)
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$6.7M
WAREHOUSE, STORAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1957
Heating
NONE
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Eternal Life Church
Entity
Free & Clear · 10 yrs held
Mailing address
965 OBRIEN DR, MENLO PARK, CA 94025-1406
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2016
—
Eternal Life Church
Eternal Life Church
Quit Claim Deed
related
—
Jan 29, 2016
$2,000,000
Eternal Life Church
Antonette Kavanaugh
Grant Deed
$2,050,000 · Wells Fargo Bank NA
Oct 13, 2006
—
Kathleen T Kontra
Kontra,george S
Quit Claim Deed
related
—
Oct 13, 2006
$950,000
Life Church Iglesia Eternal
Kontra,kathleen T
Grant Deed
$450,000 · Kathleen T Kontra
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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