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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Retail space
990 El Camino Real Belmont, CA 94002-2306
Trust Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1104002
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Total area
5,500 SF
Lot
0.31 ac (13,490 SF)
Zoning code
C20000
APN
045-164-030
UPID
US09-1104002
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
-
Just Food For Dogs (Bike/Boat/Book/etc) Store Pet Store & Service
-
Pet Food Express (Bike/Boat/Book/etc) Store Pet Store & Service
-
Blockbuster Electronics & Wireless Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.82M
Owner & transaction history
Kruger,henry & R Living Trust · 12 yrs held
Kruger,henry & R Living Trust
since 2014
7 recorded transactions
Zoning & alternative use
C20000 · Belmont, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.0M
+6.1%
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 Belmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belmont 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%
$2,340,000
6.5%
$2,160,000
7%
$2,005,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,795,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,970,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,540,000
Change: -9% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,500,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±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
$331 / 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
$44,793
Tax year 2024
Assessed value
$3,655,246
Assessed 2024
Previous assessed
$3,655,246
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$2,152,719
Assessed improvement
$1,502,527
Applied tax rate
3.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1996
Heating
NONE
Stories
1
Total area
5,500 SF
Lot
0.31 ac (13,490 SF)
Zoning code
C20000
APN
045-164-030
UPID
US09-1104002
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C20000 · Belmont, CA
Zoning C20000 · permitted uses
C20000 · Belmont, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belmont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
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
1996
Heating
NONE
Stories
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Kruger,henry & R Living Trust
Trust
Free & Clear · 12 yrs held
Mailing address
1570 HEATHER DR APT #208, YUBA CITY, CA 95993-2206
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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 14, 2014
—
Kruger,henry & R Living Trust
Kruger H & R Living Trust
Quit Claim Deed
—
Apr 14, 2014
$1,732,500
Kruger,harold 2012 Trust
Kruger H & R Living Trust
Grant Deed
related
—
May 14, 2013
$3,075,000
Kruger,henry & R Living Trust
Kruger Harold 2012 Trust
Grant Deed
related
—
Dec 21, 2012
—
Henry Kruger
Kruger H & R 1988 Trust
Quit Claim Deed
related
—
Nov 7, 2001
$281,818
Kruger Trust
Blue Bell Enterprises LLC
Grant Deed
—
Mar 28, 2000
—
Blue Bell Enterprises LLC
Mccormick Trust
Grant Deed
related
—
Oct 19, 1995
—
Ldh LLC
—
Grant Deed
related
$1,070,000 · Silicon Valley Bank
Aug 28, 1995
$500,000
Ldh LLC
Johnson Trust
Grant Deed
—
Apr 5, 1995
—
Johnson Trust
Johnson,ruth J
Quit Claim Deed
related
—
—
—
Kruger,henry & Ruth Trust
—
Loan Modification
related
$2,448,000 · Kruger Harold 2012 Trust
—
—
Ldh LLC
—
Deed Of Trust
related
$250,000 · Mtc Management Co
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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