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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Commercial real estate
2001 Sir Francis Drake Blvd, Fairfax, CA 94930-1115
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US10-3095769
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1971
Total area
2,037 SF
Lot
0.17 ac (7,569 SF)
APN
002-116-04
UPID
US10-3095769
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
-
Way Station Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$635k
Comparable Approach
Comparable
$447k
Blend (final)
Blend
$640k
Owner & transaction history
Station LLC · 11 yrs held
Station LLC
since 2015
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 Fairfax submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfax 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%
$685,000
6.5%
$635,000
7%
$590,000
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$314 / 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
$14,209
Tax year 2024
Assessed value
$898,711
Assessed 2024
Previous assessed
$898,711
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$636,255
Assessed improvement
$262,456
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1971
Heating
NONE
Total area
2,037 SF
Lot
0.17 ac (7,569 SF)
APN
002-116-04
UPID
US10-3095769
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
1971
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Station LLC
Entity
Mailing address
2001 SIR FRANCIS DRAKE BLVD, FAIRFAX, CA 94930-1115
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2022
—
The Station LLC
—
Deed
related
$4,901 · Katherine M Kinsella
Dec 28, 2018
—
The Station LLC
—
Deed
related
$850,000 · Pacific Enterprise Bank
Sep 29, 2017
—
Station LLC
—
Deed
related
$766,000 · Kahn Family Living Trust (lt)
Sep 27, 2016
—
Station LLC
—
Deed
related
$500,000 · Crf Small Busn Loan
Jun 10, 2015
$545,000
Station LLC
Salkhi A & N 2007 Trust
Grant Deed
$1,000,000 · Belmonte Family Trust (pt)
May 30, 2013
$250,000
Salkhi,arash & N 2007 Trust
Sherbon,suzanne
Grant Deed
—
Nov 10, 2011
—
Suzanne Sherbon
Sherbon David Trust
Quit Claim Deed
related
—
Jun 24, 2011
$501,925
Suzanne Sherbon
Ghassemi,amir & Lila
Deed In Lieu Of Foreclosure
related
—
Jun 24, 2011
—
Suzanne Sherborn
Ghassemi Amir Trust
Grant Deed
related
—
Aug 23, 2003
—
Ghassemi,tr
Ghassemi,amir & Lila
Quit Claim Deed
related
—
Feb 19, 2003
$665,000
Amir Ghassemi
Sherbon,suzanne
Grant Deed
$598,500 · Suzanne Sherbon
Oct 9, 2001
—
Sherbon Trust
Sherbon,david
Quit Claim Deed
related
—
—
—
Salkhi,arash & N 2007 Trust
—
Deed Of Trust
related
$170,000 · Rubicon Mortgage Fund LLC
—
—
Station LLC
—
Deed Of Trust
related
$500,000 · Crf Small Busn Loan
—
—
Station LLC
—
Deed Of Trust
related
$1,000,000 · Private Individual
—
—
Station LLC
—
Deed Of Trust
related
$766,000 · Kahn Family Living Trust (lt)
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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