Back to Search
Property profile & analytics
FOR LEASE
Commercial real estate
1 Thorndale Dr San Rafael, CA 94903
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3003808
For Lease
1 / 2
$39 SF/Yr
1 Thorndale Dr, San Rafael, CA 94903
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1969
Total area
77,030 SF
Lot
3.34 ac (145,490 SF)
APN
175-360-04
UPID
US09-3003808
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Marin Specialty Surgery Center Medical Clinic Hospital
-
Marin Specialty Care Car Rental Facility
-
HARRY NEUWIRTH Physician Medical Clinic
-
RHUNJAY JAMES YU Physician Medical Clinic
-
Judi Talbott Service pro Animal Shelter Pet Adoption Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.21M
Owner & transaction history
Rocco LLC · 10 yrs held
Rocco LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Rafael submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Rafael submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$210 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$301,334
Tax year 2024
Assessed value
$22,441,103
Assessed 2024
Previous assessed
$22,441,103
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$3,650,000
Assessed improvement
$18,791,103
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1969
Heating
NONE
Total area
77,030 SF
Lot
3.34 ac (145,490 SF)
APN
175-360-04
UPID
US09-3003808
Jurisdiction
MARIN
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Lot
3.34 ac
Current owner
From public records · entity-resolved
Rocco LLC
Entity
Mailing address
1875 OLYMPIC BLVD STE #130, WALNUT CREEK, CA 94596-5161
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2016
—
Rocco LLC
Villa Marin HOA
Quit Claim Deed
related
—
Jul 12, 2000
—
Rocco LLC
Rocko LLC
Grant Deed
related
—
Mar 17, 2000
—
Rocko LLC
M&s California Fund LP
Grant Deed
related
—
Mar 14, 2000
—
Marin HOA Villa
M&s California Fund LP
Quit Claim Deed
related
—
Aug 17, 1999
—
M LP
—
Grant Deed
related
$5,600,000 · Bank One Arizona
May 15, 1997
—
M LP
Cch INC
Grant Deed
related
—
—
—
Rocco LLC
—
Deed Of Trust
related
$46,000,000 · Northwestern Mutual Life Ins
—
—
Rocco LLC
—
Deed Of Trust
related
$5,200,000 · Intervest-mortgage Investment
—
—
Rocco LLC
—
Deed Of Trust
related
$10,420,000 · Sterling Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
