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Financial
Distress signals
Property profile

1615 5Th Ave San Rafael, CA 94901

FOR SALE
Commercial real estate
Property ID
US09-1530569
3,474 SF 0.16 ac lot Built 1878
Last sale Feb 2026 · $1,091,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 3,300 square foot retail space, located at 1615 5th Avenue in San Rafael, California, presents a unique opportunity for a discerning tenant. Situated in Marin County, this single-tenant property boasts a rich history, having been built in 1928 and renovated in 1960. The building offers ample space for a variety of retail uses, with the entire 3,300 square feet currently vacant and ready for immediate occupancy. The property features convenient parking with 13 spaces available…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$800k
Assessed land$317k
Assessed improvement$483k
Effective rate1.55%

Value estimate

· Oct 2026
$1.08M
$968k – $1.18M
CAP approach$1.08M
Submarket $/SF estimate$1.04M
NOI build-up
Gross scheduled income$245k
Vacancy & credit loss−$62k
Operating expenses−$46k
NOI · 10.39% cap applied$137k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$337/SF
ZIP average, outlier-cleaned · 135 recorded sales of this use type
Observed band · Q1–Q3$234 – $503
Qualifying comparables6

Cap rate analysis

How does the asset earn?
10.39%
$137k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMARIN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.2
Storage Facility8.9
Shoe Repair8.7

Location

1615 5Th Ave San Rafael, CA 94901
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1515 4th, San Rafael, CA 94901-2741 $16,000,000 Feb 2026 4,322 SF
824 Ee, San Rafael, CA 94901-2819 $1,850,000 Feb 2026 3,179 SF
914 Irwin, San Rafael, CA 94901-3318 $2,500,000 Jul 2025 4,368 SF
871 4th, San Rafael, CA 94901-3242 $790,000 Apr 2025 2,575 SF
1101 3rd, San Rafael, CA 94901-3018 $2,425,000 Feb 2025 3,148 SF
1752 Lincoln, San Rafael, CA 94901-1284 $940,000 Jan 2025 3,046 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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