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Property profile & analytics
OFF-MARKET
Commercial real estate
1591 Sir Francis Drake Blvd, Fairfax, CA 94930-1213
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-0995670
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1955
Construction
CONCRETE
Total area
2,852 SF
Lot
0.09 ac (3,850 SF)
APN
002-213-04
UPID
US09-0995670
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
-
Murphy’s Curiosity Shop Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Thomas Sloan Boyd III · 1 yrs held
Thomas Sloan Boyd III
since 2025
Last sale
$475,000
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 Fairfax submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfax 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
—
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
$12,444
Tax year 2024
Assessed value
$715,706
Assessed 2024
Previous assessed
$715,706
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$203,411
Assessed improvement
$512,295
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
1955
Construction
CONCRETE
Heating
NONE
Units
1
Total area
2,852 SF
Lot
0.09 ac (3,850 SF)
APN
002-213-04
UPID
US09-0995670
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
1955
Construction
CONCRETE
Heating
NONE
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Thomas Sloan Boyd III
Individual
Mailing address
PO BOX 752, FAIRFAX, CA 94978-0752
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2025
$589,569
Thomas Sloan Boyd III
Richard S Hertz
Trust Deed
related
$590,000 · The Rabb 2014 Trust
May 14, 2020
—
Hertz,richard S Living Trust
—
Deed
related
$100,000 · Dmrmco LLC
Jun 18, 2018
—
Richard,s Hertz Living Trust
—
Deed
related
$679,000 · Velocity Com'l Cap
May 19, 2017
—
Hertz,richard S Living Trust
—
Deed
related
$500,000 · Schiff Robert Living Trust (lt
Jul 31, 2009
—
Hertz Richard S Living Trust
Hertz,richard S
Quit Claim Deed
related
—
Jul 3, 2007
—
Richard Hertz
Bellgard,lorie
Grant Deed
related
—
Jan 21, 2000
—
Richard S Hertz
Hertz,richard S
Quit Claim Deed
related
—
Jan 6, 2000
$475,000
Hertz,richard S
Litchfield Trust
Trustees Deed
$356,250 · Luther Burbank Savings & Loan
Jan 6, 2000
—
Hertz,richard S
Bellgard,lorie A
Trustees Deed
related
—
Dec 9, 1998
$324,500
Perry Litchfield
Budgett,helene
Grant Deed
$175,000 · Bank Of Marin
Sep 1, 1989
$290,000
Marin County Exc
Kennedy,michael
Trustees Deed
—
—
—
Helene Budgett
—
Deed Of Trust
related
$15,000 · Housing Authority Marin County
—
—
Helene Budgett
—
Deed Of Trust
related
$10,000 · Individual
—
—
Hertz,richard S Living Trust
—
Deed Of Trust
related
$100,000 · Dmrmco LLC
—
—
Hertz,richard S Living Trust
—
Deed Of Trust
related
$500,000 · Schiff Robert Living Trust (lt
—
—
Richard,s Hertz Living Trust
—
Deed Of Trust
related
$679,000 · Velocity Com'l Cap
—
—
Jennifer Budgett
—
Deed Of Trust
related
$203,000 · New Horizons Savings & Loan
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.
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