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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Medical Office Space
202 Military E, Benicia, CA 94510-2809
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-1230338
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1952
Total area
1,675 SF
Lot
0.13 ac (5,850 SF)
APN
0088-116-010
UPID
US09-1230338
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
-
Harbor Dental Dental Office
-
Smiletenders Dental Office
-
Dr. Christopher S. Swoboda, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$895k
CAP Approach
CAP
$465k
Comparable Approach
Comparable
$616k
Blend (final)
Blend
$665k
Owner & transaction history
202 Military East LLC · 5 yrs held
202 Military East LLC
since 2020
Last sale
$660,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$880,000
+106.9%
Neighborhood: shopping center
$470,000
+10.9%
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
$875,000
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
$505,000
6.5%
$465,000
7%
$430,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$425,000
Current use
WAREHOUSE, STORAGE
$880,000
Change: +107% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$470,000
Change: +11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$420,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $660k (Dec 9 2020)
Last sale anchor
$660k
Dec 9 2020
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
$397 / 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
$8,171
Tax year 2023
Assessed value
$686,663
Assessed 2023
Previous assessed
$686,663
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$205,999
Assessed improvement
$480,664
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1952
Heating
NONE
Stories
2
Total area
1,675 SF
Lot
0.13 ac (5,850 SF)
APN
0088-116-010
UPID
US09-1230338
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
MEDICAL BUILDING Current
Est. value
$425,000
WAREHOUSE, STORAGE
Est. value
$880,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$470,000
AUTO REPAIR, GARAGE
Est. value
$420,000
MEDICAL BUILDING Current
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1952
Heating
NONE
Stories
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
202 Military East LLC
Entity
Mailing address
202 MILITARY E, BENICIA, CA 94510-2809
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2020
$660,000
202 Military East LLC
Therese A Comyns
Grant Deed
$495,000 · Bank Of America NA
Jan 5, 2006
—
Therese A Comyns
Comyns,john D & Therese A
Quit Claim Deed
related
—
Oct 29, 2003
—
John D Comyns
Comyns,tr
Quit Claim Deed
related
—
Jan 13, 2003
—
Comyns,tr
Comyns,john D & Therese A
Quit Claim Deed
related
—
Jul 29, 1994
$182,000
John D Comyns
The Benicia Offi
Grant Deed
$148,750 · Continental Pacific Bank
—
—
Therese A Comyns
—
Deed Of Trust
related
$200,000 · Solano Bank
—
—
John D Comyns
—
Deed Of Trust
related
$148,750 · Continental Pacific Bank
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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