Financial
Distress signals
Property profile

16 Digital Dr Novato, CA 94949

OFF-MARKET
Other commercial real estate
Property ID
US09-3816094
12,000 SF 0.71 ac lot
Last sale Mar 1998 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. 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

The property consists of a warehouse space with two roll-up doors and an approximately 18-foot clear height, configured to be leased together with adjoining office space within the same building. It offers multiple space configurations ranging from about 3,691 to 5,360 square feet, with the ability to combine contiguous areas up to approximately 9,051 square feet. The space includes a substantial glass line, flexible floor plan layouts, on-site parking, and an on-site café. En-suite restrooms are provided, and the property is located in Marin County.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$29k
Tax billed · 2024
Assessed value$2.18M
Assessed land$650k
Assessed improvement$1.53M
Effective rate1.32%

Value estimate

· Sep 2026
$1.91M
$1.71M – $2.10M
Sales comparison$2.36M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$260/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$172 – $391
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.4
Realty agency16.6
Skin Care Clinic12.3

Location

16 Digital Dr Novato, CA 94949-5755
County assessor Recorded deeds · 5 transfers 5 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
365 Bel Marin Kys, Novato, CA 94949-5654 $1,700,000 May 2025 6,928 SF
372 Bel Marin Kys, Novato, CA 94949-5676 $3,878,000 Jan 2022 15,835 SF
340 Ignacio, Novato, CA 94949-6013 $1,930,000 Sep 2020 5,597 SF
1 Commercial, Novato, CA 94949-6193 $745,163 May 2020 6,287 SF
94 Galli, Novato, CA 94949-5739 $720,000 Feb 2020 8,279 SF
250 Bel Marin Kys Blvdf, Novato, CA 94949-5727 $1,100,000 Dec 2019 5,938 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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