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Property profile & analytics
FOR LEASE
Commercial real estate
190 Donahue St Sausalito, CA 94965
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5555210
For Lease
1 / 5
$49,915,000
190 Donahue St, Sausalito, CA 94965
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
175,913 SF
Lot
19.8 ac (862,702 SF)
APN
052-490-08
UPID
US09-5555210
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 Gateway Shopping Center Shopping Center & Mall
-
Tesla Supercharger Electric Vehicle Charging Station
-
Salons by JC Sausalito Hair Salon Nail Salon
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$54.81M
Comparable Approach
Comparable
$59.31M
Blend (final)
Blend
$49.92M
Owner & transaction history
Grocery Outlet INC · 3 yrs held
Grocery Outlet INC
since 2023
Last sale
$44.0M
4 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 Sausalito submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sausalito 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
Method
Estimation
Statistic approach
$47,455,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$59,370,000
6.5%
$54,805,000
7%
$50,890,000
Blend value · Realmo final
$49.92M
Range $44.92M – $54.91M · ±10% · vs last sale $44.00M (Mar 16 2023)
Last sale anchor
$44.00M
Mar 16 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$284 / 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
$675,213
Tax year 2024
Assessed value
$41,206,980
Assessed 2024
Previous assessed
$41,206,980
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$24,935,940
Assessed improvement
$16,271,040
Applied tax rate
90.0000
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
Heating
NONE
Total area
175,913 SF
Lot
19.8 ac (862,702 SF)
APN
052-490-08
UPID
US09-5555210
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
Heating
NONE
Lot
19.8 ac
Current owner
From public records · entity-resolved
Grocery Outlet INC
Entity
Free & Clear · 3 yrs held
Mailing address
973 LOMAS SANTA FE DR, SOLANA BEACH, CA 92075-2137
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2023
—
Marin Grf3 LLC
—
Deed
related
$25,300,000 · Us Bank NA
Apr 24, 2023
—
Grocery Outlet INC
Marin Gateway Garp LLC
Assignment Of Lease (leasehold Sale)
—
Mar 16, 2023
$44,000,000
Marin Grf3 LLC
Marin Grf3 LLC
Quit Claim Deed
related
—
Apr 30, 2021
—
Marin Gateway Garp LLC
—
Deed
related
$27,500,000 · Bank Of America NA
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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