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Property profile & analytics
OFF-MARKET
Estimated value
$2,330,000
Super regional malls
980 Linda Mar Blvd, Pacifica, CA 94044-3542
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2184487
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1971
Total area
5,935 SF
Lot
0.46 ac (20,102 SF)
Zoning code
CL00C1
APN
023-221-210
UPID
US09-2184487
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
$2.23M
CAP Approach
CAP
$1.96M
Comparable Approach
Comparable
$2.52M
Blend (final)
Blend
$2.33M
Owner & transaction history
Qqsm Properties LLC · 3 yrs held
Qqsm Properties LLC
since 2022
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
CL00C1 · Pacifica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.8M
+18.9%
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 Pacifica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacifica 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
$2,270,000
ML approach
$2,230,000
CAP Approach
CAP Return
Estimation
6%
$2,120,000
6.5%
$1,960,000
7%
$1,820,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,205,000
Current use
OFFICE BUILDING
$3,805,000
Change: +19% · Conversion: Moderate
RETAIL STORES
$3,020,000
Change: -6% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,745,000
Change: -14% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,695,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.33M
Range $2.10M – $2.56M · ±10% · vs last sale $2.50M (Nov 4 2022)
Last sale anchor
$2.50M
Nov 4 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
$393 / 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
$28,035
Tax year 2024
Assessed value
$1,662,600
Assessed 2024
Previous assessed
$1,662,600
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$1,336,200
Assessed improvement
$326,400
Applied tax rate
16.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1971
Heating
NONE
Total area
5,935 SF
Lot
0.46 ac (20,102 SF)
Zoning code
CL00C1
APN
023-221-210
UPID
US09-2184487
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00C1 · Pacifica, CA
Zoning CL00C1 · permitted uses
CL00C1 · Pacifica, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pacifica. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.2M
OFFICE BUILDING
Est. value
$3.8M
RETAIL STORES
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
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
1971
Heating
NONE
Lot
0.46 ac
Current owner
From public records · entity-resolved
Qqsm Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
996 LINDA MAR BLVD, PACIFICA, CA 94044-3542
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2022
$2,500,000
Qqsm Properties LLC
Magrin Properties LLC
Grant Deed
—
Nov 4, 2022
—
Svff 1 INC
Qqsm Properties LLC
Lease
—
Oct 1, 2021
—
Magrin Properties LLC
Victoria G Beninga
Intrafamily Transfer
related
—
Sep 1, 2021
—
Victoria G Beninga
Victoria G Beninga
Intrafamily Transfer
related
—
Apr 12, 2021
—
Victoria G Beninga
Robert D Vale
Grant Deed
—
Feb 24, 1997
—
Eugene A Bertorelli Trustee
Magrin Trust
Grant Deed
related
—
Oct 24, 1996
—
Eugene A Bertorelli Trustee
Magrin Trust
Grant Deed
related
—
Jul 1, 1992
—
Victor&jennie Magrin Trust
Magrin,v.&j.
Quit Claim Deed
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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