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Property profile & analytics
OFF-MARKET
Commercial real estate
2 Bon Air Rd Larkspur, CA 94939-1141
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2727940
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1966
Total area
24,024 SF
Lot
2.85 ac (124,146 SF)
APN
020-122-05
UPID
US09-2727940
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
-
Arun K. Raghupathy, MD, FACC Physician
-
Dr. Ernest H. Sponzilli, MD Physician
-
Amy Gin, MD, FACC Physician
-
Robert T. Sperling, MD, FACC Physician
-
Su Brian w MD Physician
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
Anchor Bon Air Mob Owner LLC
Anchor Bon Air Mob Owner LLC
since 2025
Last sale
$24.1M
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 Larkspur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Larkspur 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
$90,632
Tax year 2024
Assessed value
$5,769,690
Assessed 2024
Previous assessed
$5,769,690
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$4,202,075
Assessed improvement
$1,567,615
Applied tax rate
4.0000
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
Off-Market
Year built
1966
Heating
NONE
Total area
24,024 SF
Lot
2.85 ac (124,146 SF)
APN
020-122-05
UPID
US09-2727940
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
1966
Heating
NONE
Lot
2.85 ac
Current owner
From public records · entity-resolved
Anchor Bon Air Mob Owner LLC
Entity
Mailing address
1120 NYE ST STE #400, SAN RAFAEL, CA 94901-2946
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2025
—
Anchor Bon Air Mob Owner LLC
Bon Air Associates
Quitclaim Deed
related
—
Sep 25, 2025
$24,050,000
Anchor Bon Air Mob Owner LLC
Bon Air Associates
Grant Deed
$14,900,000 · First Citizens Bank & Trust Co
Jun 6, 2017
—
Bon Air Associates
—
Deed
related
$8,000,000 · Thrivent Fin'l/lutherans
Jul 18, 1991
$113,000
Bon Air Assoc
Oconnor,gerard F
Grant Deed
related
$6,472,000 · Union Bank
Sep 25, 1989
$100,000
Marin County Exc
Bon Air Assoc
Grant Deed
related
—
Aug 15, 1989
$100,000
Marin County Exc
Bon Air Assoc
Grant Deed
related
—
—
—
Bon Air Associates
—
Deed Of Trust
related
$7,500,000 · Prudential Insurance Co
—
—
Bon Air Associates
—
Deed Of Trust
related
$6,450,000 · Secore Financial Corp
—
—
Bon Air Associates
—
Deed Of Trust
related
$8,000,000 · Thrivent Fin'l/lutherans
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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