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    The Largest CRE Database in the US with Over 1 Million Listings

    400 Tamal Plz Corte Madera, CA 94925

    Sponsored
    For Lease
    $36 SF/Yr

    Industrial Warehouse, Two Units Available

    Lot size:
    2,944 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    421
    This exceptional industrial warehouse property in Corte Madera, California, offers two available spaces, ranging from 1,040 to 1,904 square feet. Located at 400 Tamal Plaza, 94925, this Class B building boasts a prime location with convenient access to shops, restaurants, malls, and transportation. The property features a single, two-story building with LI/O zoning, perfect for multiple tenants. Each unit includes a private bathroom and high ceilings (approximately 18.5 feet) with a 12-foot roll-up door, providing ample space for storage and operations. A significant advantage is the availability of additional office space, easily adaptable to tenant needs, allowing for flexible configurations. The corner unit location offers excellent visibility. The property also benefits from a large parking lot and stunning views of Mount Tamalpais. This versatile space is ideal for businesses seeking a well-located, functional warehouse with adaptable office space. The property is zoned for Light Industrial/Office use.

    Property Features for 400 Tamal Plz

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,944 SF
    Class
    B

    Building Details

    Buildings
    1
    Stories
    2

    Spaces For Lease

    at 400 Tamal Plz, Corte Madera, CA 94925 Contact us
    Unit Suite 408

    $42 /Mo

    Size
    1,904 SF
    Contact us
    Unit Suite 409

    $36 /Mo

    Size
    1,040 SF
    Contact us

    We can help!

    Listing Contact
    Julie Sommer
    Julie Sommer

    Learn more

    Property Insight Report

    HighLights

    • High‑visibility location directly off Highway 101, minutes from the Richmond‑San Rafael Bridge.
    • Ample parking in a landscaped setting.
    • Convenient proximity to shopping, dining, and the DMV.
    • Picturesque setting adjacent to a walking path, creek, and with Mt. Tamalpais views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gymnastics In The Cave Gym & Fitness Center LifeWorks Learning Center Tutoring Service posted ca Clothing Store Delaplaine Creative Film Production Eco Attic Systems General Contractor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Corte Madera
    County
    Marin
    State
    California
    Longitude
    -122.5201421
    Latitude
    37.935569

    Nearby Comparable

    • $6,900,000
      1,829 SF

      Office Space with Operable Windows

      Office space featuring operable windows, efficient layout, and abundant parking.
      300 Tamal Plz, Corte Madera, CA 94925
      View Details
    • $3 SF/Yr
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      Corte Madera Office Space Available

      Office spaces with natural light, views, and convenient parking.
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      Office Space with Natural Light

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      Office Space with Bay Views

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      Highway 101 Parking Lot

      High-visibility parking lot on Highway 101 available for lease.
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    • $3 SF/Yr
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      Central Marin County Office Space

      Office space in a professionally managed building with plentiful parking.
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      Renovated Office Space with Patio

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    • $6 SF/Yr
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      Corte Madera Office Space Available

      Office space for rent with on-site management and 24-hour security.
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    • $4 SF/Yr
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      Creative Office Space in Larkspur

      Unique creative office space in a prime central Marin location.
      12 E Sir Francis Drake Blvd, Larkspur, CA 94939
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      Unique Creative Office Space Available

      Creative office space in a unique Marin setting with parking.
      12 East Sir Francis Drake Blvd, Larkspur, CA 94939
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    • $63 SF/Yr
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      Larkspur Office Space For Rent

      Office space with views of San Francisco Bay and Mt. Tamalpais.
      80 E Sir Francis Drake Blvd, Larkspur, CA 94939
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    • $63 SF/Yr
      1,233 SF

      Larkspur Office Space with Bay Views

      Office space in Larkspur with views and covered parking.
      60 E Sir Francis Drake Blvd, Larkspur, CA 94939
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    Nearby Similar for Lease

    • $3 SF/Yr
      29,000 SF

      Corte Madera Office Space Available

      Office spaces with natural light, views, and convenient parking.
      400 Tamal Plz, Corte Madera, CA 94925
      View Details
    • $70 SF/Yr

      Professional Suites in Corte Madera

      Two suites available, ideal for therapist or artist/creative studio.
      5643 Paradise Dr, Corte Madera, CA 94925
      View Details
    • $1.99 SF/Yr
      2,500 SF

      Office Space with Bay Views

      Office space featuring bay views, natural light, and tenant improvements.
      150 Nellen Ave, Corte Madera, CA 94925
      View Details
    • $41 SF/Yr
      16,000 SF

      Corte Madera Office Space for Lease

      1,996 SF Creative Office Available
      100 Meadowcreek Dr, Corte Madera, CA 94925
      View Details
    • $3 SF/Yr
      2,299 SF

      Central Marin County Office Space

      Office space in a professionally managed building with plentiful parking.
      21 Tamal Vista Blvd, Corte Madera, CA 94925
      View Details
    • $5 SF/Yr
      6,097 SF

      Renovated Office Space with Patio

      Corte Madera office space featuring a private patio.
      50 Madera Blvd, Corte Madera, CA 94925
      View Details
    • Contact for pricing
      11,621 SF

      Highway 101 Parking Lot

      High-visibility parking lot on Highway 101 available for lease.
      41 Tamal Vista Blvd, Corte Madera, CA 94925
      View Details
    • $3 SF/Yr
      896 SF

      Office Space with Natural Light

      Corner office unit with flexible space and ample parking.
      400-415 Tamal Plz, Corte Madera, CA 94925
      View Details
    • $6,900,000
      1,829 SF

      Office Space with Operable Windows

      Office space featuring operable windows, efficient layout, and abundant parking.
      300 Tamal Plz, Corte Madera, CA 94925
      View Details
    • Contact for pricing
      2,710 SF

      Retail Space Near Corte Madera

      Retail space available across from Corte Madera Town Center.
      71-77 Casa Buena Dr, Corte Madera, CA 94925
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    • $6 SF/Yr
      2,657 SF

      Corte Madera Office Space Available

      Office space for rent with on-site management and 24-hour security.
      770 Tamalpais Dr, Corte Madera, CA 94925
      View Details

    FAQs

    What type of property is this?
    Distribution property - Industrial Warehouse, Two Units Available
    Where is this distribution property located?
    The property is located at 400 Tamal Plz Corte Madera, CA.
    What is the lease rate?
    The lease rate is $36-$42 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location directly off Highway 101, minutes from the Richmond-San Rafael Bridge.; Ample parking in a landscaped setting.; Convenient proximity to shopping, dining, and the DMV.
    (415) 755-3527
    Request Owner's contact information
    400 Tamal Plz Corte Madera, CA 94925
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    Corte Madera, CA 94925
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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
    400 Tamal Plz Corte Madera, CA 94925
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    We can help!
    Listing Contact
    Julie Sommer
    Julie Sommer
    Real Estate License ID: 01169064
    (415) 755-3527
    Learn more
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