Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1508 San Anselmo Ave San Anselmo, CA 94960
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1508 San Anselmo Ave San Anselmo, CA 94960

    View on Map
    • Commercial real estate
    • 1,304 SF
    • 0.06 lot acres
    For Sale
    $899,000
    View Listing →
    Mixed-Use Property Near Downtown For Sale
    $899,000
    1,304 SF

    Mixed-Use Property Near Downtown

    Versatile mixed-use property with retail and residential spaces in San Anselmo.

    1508 San Anselmo, San Anselmo, CA 94960
    View Listing
    Property ID
    US09-2585884
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Multi Zone / Community Center

    Property Details for 1508 San Anselmo Ave

    Year built
    1908
    Lot size
    0.06 lot acres
    Property size
    1,304 SF
    Property type
    Commercial real estate
    APN
    007-015-10
    APU
    701510

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Anselmo
    County
    Marin
    State
    California
    Longitude
    -122.577
    Latitude
    37.9825
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,244
    $164,473
    $271,798
    $436,271
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $770,000
      3,520 SF

      412 Red Hl Ave

      COMMERCIAL (GENERAL) • 3,520 SF
      412 Red Hl Ave, San Anselmo, CA 94960-2450
      View Details
    • Value Estimation
      $945,000
      3,360 SF

      629 San Anselmo Ave

      COMMERCIAL (GENERAL) • 3,360 SF
      629 San Anselmo Ave, San Anselmo, CA 94960-2615
      View Details
    • Value Estimation
      $4,000,000
      1,612 SF

      115 San Anselmo Ave

      COMMERCIAL (GENERAL) • 1,612 SF
      115 San Anselmo Ave, San Anselmo, CA 94960-2800
      View Details
    • Value Estimation
      $5,530,000
      21,098 SF

      100 Ctr Blvd

      COMMERCIAL (GENERAL) • 21,098 SF
      100 Ctr Blvd, San Anselmo, CA 94960-2021
      View Details
    • Value Estimation
      $900,000
      4,212 SF

      275 Greenfield Ave

      COMMERCIAL (GENERAL) • 4,212 SF
      275 Greenfield Ave, San Anselmo, CA 94960-2456
      View Details
    • Value Estimation
      $1,035,000
      3,750 SF

      118 Greenfield Ave

      COMMERCIAL (GENERAL) • 3,750 SF
      118 Greenfield Ave, San Anselmo, CA 94960-2431
      View Details

    Similar Nearby for Sale

    • $725,000
      1,531 SF

      Downtown Multi-Tenant Retail/Office Building

      Multi-tenant retail/office building in the heart of downtown.
      310 San Anselmo Ave, San Anselmo, CA 94960
      View Details
    • $2,695,000
      3,632 SF

      Remodeled Mixed-Use Property For Sale

      Meticulously renovated mixed-use property with residential and office spaces.
      6 Bank St, San Anselmo, CA 94960
      View Details
    • $725,000
      1,304 SF

      Mixed-Use Property in San Anselmo

      Mixed-use property with commercial and residential space in central location.
      1508 San Anselmo Ave, San Anselmo, CA 94960
      View Details
    • Contact for pricing
      4,404 SF

      Downtown Corner Retail Building

      4,404 SF retail building on a prime corner lot.
      401 San Anselmo Ave, San Anselmo, CA 94960
      View Details
    • $1,250,000
      2,950 SF

      San Anselmo Auto Repair Shop

      Well-located auto repair shop with long-term tenant.
      781 Sir Francis Drake Blvd, San Anselmo, CA 94960
      View Details
    • $1,595,000
      3,483 SF

      San Anselmo's Iconic Island Building

      Mid-century commercial gem in the heart of downtown San Anselmo.
      65 Red Hill Ave, San Anselmo, CA 94960
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Creative Office/Flex Space Available

      High ceiling creative office/flex space with mezzanine and kitchenette.
      640 Sir Francis Drake Blvd, San Anselmo, CA 94960
      View Details
    • Contact for pricing

      Downtown San Anselmo Retail/Office Space

      Retail/Office space for lease in the heart of Downtown San Anselmo.
      110 Spaulding St, San Anselmo, CA 94960
      View Details
    • Contact for pricing
      1,179 SF

      San Anselmo Office Space Available

      Office space for rent in downtown San Anselmo.
      324-330 Sir Francis Drake Blvd, San Anselmo, CA 94960
      View Details
    • Contact for pricing

      Office/Retail Space Near Airports

      Office or retail space with on-site parking and convenient location.
      330 Sir Francis Drake Blvd, San Anselmo, CA 94960
      View Details
    • $2 SF/Yr
      2,152 SF

      Office/Retail Space with Deck

      Improved office/retail space featuring a private deck and views.
      112 Spaulding St, San Anselmo, CA 94960
      View Details
    View Listing
    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.
    1508 San Anselmo Ave
    San Anselmo, CA 94960
    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!