Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lagunitas Professional Office/Retail Space Title is generated by Realmo AI

    7282 Sir Francis Drake Blvd, Lagunitas, CA

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Multi-tenant building in Lagunitas with diverse tenant mix.

    Type:RETAIL
    Property size:
    518 SF
    Lot size:
    1.23 Acres
    Price / SF:
    $5,791/SF
    Added:
    May 12, 2025
    Days on Market:
    385
    Last Refresh:
    May 20 at 8:12 pm

    Property Features for 7282 Sir Francis Drake Blvd

    General Information

    Standard status
    Active
    Size
    518 SF
    Lot size
    1.23 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 7282 Sir Francis Drake Blvd Contact us

    We can help!

    Listing Contact
    Jonathan Davis
    Jonathan Davis

    Listing agent Jonathan Davis License #01510138

    Listing office JD Management Group Inc.

    Listing date May 12, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of JD Management Group Inc.

    HighLights

    • Premier building, the only professional office space within a 10‑mile radius.
    • $1,750.00/month with utilities included.
    • Located in the heart of Lagunitas, serving as the town center.
    • Suite A: ±518 SF with a separate private office.
    • Cathedral ceilings and large windows providing excellent natural light.
    • Ample parking and diverse tenant mix.

    Overview

    The property is a multi-tenant professional office and retail building situated in the heart of Lagunitas, effectively serving as the town center. Available for rent is Suite A, encompassing approximately 518 square feet. The suite features cathedral ceilings, large windows providing natural light, and a separate private office. The property provides ample parking. The location is noted as a premier building within a 10-mile radius and one of the only locations within 10 miles for a professional office space. The tenant mix is diverse, including a yoga studio, pilates practice, professional offices, a tea shop, a restaurant, and a grocery store/deli. The available space has an open floor plan and is located in an area with scenery.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $256.4k $495.00
    − Vacancy −$20.3k −$39.11
    EGI $236.2k $455.90
    − OpEx −$70.8k −$136.77
    NOI $165.3k $319.13
    518 SF · lease $495.00/SF/yr · vacancy 7.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.36M
    $2.07M – $2.76M (±1% cap)
    NOI $165,308 @ 7.0% cap · market cap 5.51%
    Second Best
    Office B
    $149.5K
    $130.9K – $174.5K (±1% cap)
    NOI $10,468 @ 7.0% cap · market cap 0.35%
    Theoretical Best
    Specialty Retail
    $2.53M
    $2.21M – $2.95M (±1% cap)
    NOI $177,115 @ 7.0% cap · market cap 5.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tea Museum & The Phoenix ... Tourist Attraction 3 Generations Chiropractic ... Alternative Medicine Practice Valley Haven Massage ... Gym & Fitness Center Kest David J Psychotherapist Earthware Biodegradables (Bike/Boat/Book/etc) Store

    Map

    City
    Lagunitas
    County
    Marin
    State
    California
    Longitude
    -122.702
    Latitude
    38.0127

    FAQs

    What type of property is this?
    Office units - Multi-tenant building in Lagunitas with diverse tenant mix.
    Where is this office units located?
    The property is located at 7282 Sir Francis Drake Blvd Lagunitas, CA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Premier building, the only professional office space within a 10‑mile radius.; $1,750.00/month with utilities included.; Located in the heart of Lagunitas, serving as the town center.
    (510) 387-7792 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jonathan Davis
    Jonathan Davis
    Real Estate License ID: 01510138
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7282 Sir Francis Drake Blvd, Lagunitas, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!