Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    61 Camino Alto Mill Valley, CA 94941

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $53 SF/Yr

    Office space with views, convenient location, and modern amenities.

    Type:Office
    Property size:
    11,167 SF
    Added:
    Jan 26, 2026
    Days on Market:
    66
    Last Refresh:
    Mar 25 at 9:43 pm

    Property Features for 61 Camino Alto

    General Information

    Standard status
    Active
    Size
    11,167 SF
    Property subtype
    Office

    Building Details

    Year Built
    1956

    Spaces For Lease

    at 61 Camino Alto Contact us

    We can help!

    Listing Contact
    Jeffrey Ida
    Jeffrey Ida

    Listing agent Jeffrey Ida License #CA #01826381

    Listing office

    Listing date Jan 26, 2026

    Source Lee-associates

    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 Jeffrey Ida

    Overview

    High-Identity Mill Valley Office Space

    This office space, located in downtown Mill Valley, offers a high-identity building with open ceilings and operable windows. The space features a new build-out that includes 3 private offices. Immediate access to amenities is provided, along with abundant on-site parking. The location offers views of Mt. Tam and convenient access off the lobby. A Starbucks Coffee is located immediately downstairs, and many of Marin’s best restaurants and popular eating establishments are in close proximity. Transportation options include a Golden Gate Bus stop 0.1 miles away, Highway 101 is 2 miles away, and the Larkspur SMART Train is 4.9 miles away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jody Ullom, MD Pediatrician Valentyna Kovalchuk Studio Medical Clinic Whipped Lash Hair Salon Carl Arena Alternative Medicine Practice Mill Valley Optometry Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mill Valley
    County
    Marin
    State
    California
    Longitude
    -122.531
    Latitude
    37.8948

    Nearby Similar for Lease

    • $0.29/mo

      Mill Valley Office Space Available

      Second-floor office space suitable for medical or general office use.
      147 Lomita Drive, Mill Valley, CA 94941
      View Details
    • $2/mo

      Office Space with Freeway Access

      Exceptional office space in Mill Valley with convenient freeway access.
      591 Redwood Hwy, Mill Valley, CA 94941
      View Details
    • $3/mo

      Mill Valley Office Space Available

      Second-floor office space with abundant natural light and open layout.
      655 Redwood Hwy, Mill Valley, CA
      View Details
    • Contact for pricing

      Turn-Key Restaurant in Mill Valley

      Fully equipped restaurant space with outdoor patio in downtown Mill Valley.
      38 Miller Ave, Mill Valley, CA 94941
      View Details
    • Contact for pricing

      Waterfront Office Space in Mill Valley

      Sublease opportunity: modern office with waterfront access, convenient location.
      591 Redwood highway, Mill Valley, CA 94941
      View Details
    • Contact for pricing

      Redwood and Glass Office Building

      Office space for lease near San Francisco International Airport.
      495 Miller Ave, Mill Valley, CA 94941
      View Details
    • Contact for pricing

      Mill Valley Shopping Destination

      Iconic shopping center in Mill Valley with diverse dining options.
      800 Redwood Hwy , Mill Valley, CA
      View Details
    • Contact for pricing

      Mill Valley Shopping Center Space

      Retail space available in vibrant Mill Valley shopping center.
      800 Redwood Hwy Frontage Rd, Mill Valley, CA
      View Details
    • $54/mo

      Iconic Mill Valley Building For Lease

      Former Mill Valley post office available for lease.
      55 Sunnyside Ave, Mill Valley, CA
      View Details
    • $6/mo

      Renovated Office Space with Views

      Mill Valley office space featuring modern amenities and freeway visibility.
      1 Belvedere Pl, Mill Valley, CA
      View Details
    • $60/mo

      Prime Office Building For Lease

      Stand-alone building with prominent signage and recent improvements.
      36 Tiburon Blvd, Mill Valley, CA
      View Details
    • $47/mo

      Renovated Creative Office Space Available

      Creative office space for lease, fully renovated with parking.
      1060 Redwood Hwy Frontage Rd, Mill Valley, CA
      View Details

    FAQs

    What type of property is this?
    Office units - Office space with views, convenient location, and modern amenities.
    Where is this office units located?
    The property is located at 61 Camino Alto Mill Valley, CA.
    What is the lease rate?
    The lease rate is $53 SF/Yr.
    What are key features of this property?
    This property features: Promotional Offer: Get **2 Months Free Rent and Up to 20% Rent Reduction!**; Prime Location: Located in **Downtown Mill Valley with Immediate Access to Amenities.**; Easy Access: Enjoy Convenient Access off Lobby and Easy Access to Hwy 101.
    (415) 828-7679
    We can help!
    Listing Contact
    Jeffrey Ida
    Jeffrey Ida
    Real Estate License ID: CA #01826381
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!