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    Property profile & analytics

    561 Bridgeway Sausalito, CA 94965

    • Commercial real estate
    • 6,177 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3221832
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cat Murphy's Skin Care Salon / Beauty Salon

    Property Details for 561 Bridgeway

    Year built
    1897
    Lot size
    0.12 lot acres
    Property size
    6,177 SF
    Property type
    Commercial real estate
    APN
    065-171-03

    Description

    This exceptional investment opportunity presents an 8-unit mixed-use building in the heart of Sausalito, California. Situated at 561 Bridgeway, this two-story, 6,177 square foot property boasts stunning water views and a prime location within a historic building. The building, constructed in 1897 and renovated in 1935, sits on a 0.12-acre lot (APN 065-171-03) and offers a unique blend of retail and residential space, currently operating at 100% occupancy. The current NOI is $63,538, with a pro-forma NOI of $217,194 and a pro-forma cap rate of 4.41%. The asking price is $4,925,000, translating to $615,625 per unit and $797.31 per square foot. Three units have undergone full renovations/remodeling, and the building features a new roof. This high-traffic location benefits from a strong year-round tourist presence and proximity to San Francisco, Silicon Valley, and Northern California's wine country and coastline. The property's strong local demographics and convenient access to commuter options for the San Francisco job market further enhance its investment potential. This is a rare opportunity to acquire a well-positioned mixed-use asset in a highly desirable location. The current 1.29% cap rate presents significant upside potential based on the pro-forma projections.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sausalito
    County
    Marin
    State
    California
    Longitude
    -122.4791982
    Latitude
    37.8535258

    Comparable in this City

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      Sausalito Waterfront Multifamily Investment

      Iconic 8-unit building, high occupancy, prime location.
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      Sausalito Waterfront Multifamily Investment

      Unique Sausalito multifamily property with waterfront views and upside potential.
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    • $11,634,000

      Sausalito Apartment Building Investment

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    • $2,287,000
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      Sausalito Mixed-Use Investment Opportunity

      Charming mixed-use property in Sausalito with retail and office spaces.
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    • $2,895,000

      Sausalito Specialty Property For Sale

      Unique Sausalito property available for purchase.
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    • $5,995,000
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      Sausalito Waterfront Office/Retail Opportunity

      Prime Sausalito waterfront property with office, retail, and parking.
      599 Bridgeway, Sausalito, CA 94965
      View Details

    Similar Nearby for Sale

    • $4,925,000
      5,492 SF

      Sausalito Waterfront Multifamily Investment

      Iconic 8-unit building, high occupancy, prime location.
      561 Bridgeway Way, Sausalito, CA 94965
      View Details
    • $3,000,000
      5,939 SF

      Sausalito Waterfront Multifamily Investment

      Unique Sausalito multifamily property with waterfront views and upside potential.
      40 Varda Landing Rd, Sausalito, CA 94965
      View Details
    • $11,634,000

      Sausalito Apartment Building Investment

      Prime Sausalito Multifamily, Bay Views
      206 Caledonia St, Sausalito, CA 94965
      View Details
    • $2,287,000
      3,474 SF

      Sausalito Mixed-Use Investment Opportunity

      Charming mixed-use property in Sausalito with retail and office spaces.
      219 Caledonia St, Sausalito, CA 94965
      View Details
    • $2,895,000

      Sausalito Specialty Property For Sale

      Unique Sausalito property available for purchase.
      23 Gate 6 1/2 Rd, Sausalito, CA 94965
      View Details
    • $5,995,000
      8,400 SF

      Sausalito Waterfront Office/Retail Opportunity

      Prime Sausalito waterfront property with office, retail, and parking.
      599 Bridgeway, Sausalito, CA 94965
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
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      Iconic Waterfront Building in Sausalito

      Remarkable retail space with customization options in vibrant Sausalito.
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    • Contact for pricing
      1,750 SF

      Retail Space in Regional Center

      Retail spaces available in a well-located regional power center.
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      1,249 SF

      Retail Space in Sausalito Center

      Regional power center with excellent visibility and freeway access.
      190 Donahue St, Sausalito, CA 94965
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    • $93 SF/Yr
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      Sausalito Executive Office Suites

      Prestigious waterfront office space, flexible options.
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      Sausalito Retail Space For Lease

      Regional power center with highway visibility and flexible spaces.
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    • $2,750 /Mo
      814 SF

      Sausalito Retail Space for Lease

      Retail space in historical downtown Sausalito, suitable for salon/barber.
      314 Caledonia St, Sausalito, CA 94965
      View Details
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    561 Bridgeway
    Sausalito, CA 94965
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    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
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