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Property profile & analytics
OFF-MARKET
Estimated value
$15,750,000
Industrial properties
1997 Elm St Benicia, CA 94510-2307
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2997511
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1856
Total area
86,222 SF
Lot
39.83 ac (1,734,995 SF)
APN
0080-120-210
UPID
US09-2997511
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
-
SSA Marine Employment Agency
-
Amports Car Dealership Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.16M
Comparable Approach
Comparable
$20.14M
Blend (final)
Blend
$15.75M
Owner & transaction history
Aps West Coast INC · 6 yrs held
Aps West Coast INC
since 2020
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$24.3M
+79.0%
Medical building
$21.9M
+61.5%
Auto repair, garage
$21.7M
+59.9%
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 Benicia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Benicia 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$14,250,000
6.5%
$13,155,000
7%
$12,215,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$13,560,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$24,280,000
Change: +79% · Conversion: Difficult
MEDICAL BUILDING
$21,900,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$21,680,000
Change: +60% · Conversion: Easy
RETAIL STORES
$18,580,000
Change: +37% · Conversion: Moderate
COMMERCIAL (GENERAL)
$17,680,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$15.75M
Range $14.18M – $17.33M · ±10%
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
$183 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$245,172
Tax year 2023
Assessed value
$20,631,632
Assessed 2023
Previous assessed
$20,631,632
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$15,781,313
Assessed improvement
$4,850,319
Applied tax rate
1.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1856
Heating
NONE
Total area
86,222 SF
Lot
39.83 ac (1,734,995 SF)
APN
0080-120-210
UPID
US09-2997511
Jurisdiction
SOLANO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$13.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$24.3M
MEDICAL BUILDING
Est. value
$21.9M
AUTO REPAIR, GARAGE
Est. value
$21.7M
RETAIL STORES
Est. value
$18.6M
COMMERCIAL (GENERAL)
Est. value
$17.7M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1856
Heating
NONE
Lot
39.83 ac
Current owner
From public records · entity-resolved
Aps West Coast INC
Entity
Free & Clear · 6 yrs held
Mailing address
10060 SKINNER LK DR #205, JACKSONVILLE, FL 32246-8495
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
May 5, 2020
—
Aps West Coast INC
—
Deed
related
—
Oct 22, 2014
—
Aps West Coast INC
—
Grant Deed
related
$137,500,000 · Sumitomo Mitsui Bkng
Nov 19, 1997
—
Benicia Industries INC
—
Deed Of Trust
related
$33,000,000 · Nationsbank NA Trustee
—
—
Aps West Coast INC
—
Deed Of Trust
related
—
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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