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Property profile & analytics
FOR SALE
Commercial real estate
2 Miller Ave Mill Valley, CA 94941-1904
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2942140
No photos on file
For Sale
Contact for pricing
2 Miller Ave, Mill Valley, CA 94941-1904
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1937
Total area
10,500 SF
Lot
0.08 ac (3,500 SF)
APN
028-061-08
UPID
US09-2942140
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
-
Equator Coffees Cafe & Coffee Shop
-
Public Bike Parking Bicycle Rack
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.28M
Owner & transaction history
Dam Square LLC · 1 yrs held
Dam Square LLC
since 2025
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 Mill Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mill Valley 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
$217 / 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
$45,287
Tax year 2024
Assessed value
$3,201,176
Assessed 2024
Previous assessed
$3,201,176
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$571,301
Assessed improvement
$2,629,875
Applied tax rate
5.0000
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 Sale
Year built
1937
Heating
NONE
Total area
10,500 SF
Lot
0.08 ac (3,500 SF)
APN
028-061-08
UPID
US09-2942140
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
1937
Heating
NONE
Lot
0.08 ac
Current owner
From public records · entity-resolved
Dam Square LLC
Entity
Free & Clear · 1 yrs held
Mailing address
7 HARRISON AVE, SAUSALITO, CA 94965-2201
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2025
$4,100,000
Dam Square LLC
Wildcare
Grant Deed
—
May 15, 2025
—
Wildcare
Margareta Perry Saga
Grant Deed
—
May 16, 2018
$2,450,000
Perry,saga Trust
Lempio,paul S
Grant Deed
—
Apr 24, 2018
—
Paul S Lempio
Lempio,vera J
Quit Claim Deed
related
—
Apr 24, 2018
$2,450,000
Perry,saga Trust
Lempio,paul S
Grant Deed
—
Aug 12, 2005
—
Lempio Paul S Trust
Lempio,paul S
Quit Claim Deed
related
—
Dec 11, 1997
—
Perry Trust
Perry,saga M
Quit Claim Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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