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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Commercial real estate
203 Blithedale Ave Mill Valley, CA 94941-2046
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0912734
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1976
Total area
2,533 SF
Lot
0.15 ac (6,575 SF)
APN
028-025-09
UPID
US09-0912734
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
-
Eric D. Stamps, DPM Physician
-
Mill Valley Podiatric Group Medical Clinic
-
James F. Dietz, DPM Physician
-
Entelechy Wellness Center Medical Clinic Physician
-
Anne M. Vano, Ph.D. Licensed Clinical Psychologist Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.28M
Owner & transaction history
Cheryl Lynn White · 1 yrs held
Cheryl Lynn White
since 2025
Last sale
$1.4M
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
Method
Estimation
Statistic approach
$1,280,000
ML approach
$1,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10% · vs last sale $1.40M (Apr 3 2025)
Last sale anchor
$1.40M
Apr 3 2025
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
$505 / 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
$25,597
Tax year 2024
Assessed value
$2,027,536
Assessed 2024
Previous assessed
$2,027,536
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$868,944
Assessed improvement
$1,158,592
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
Off-Market
Year built
1976
Heating
NONE
Total area
2,533 SF
Lot
0.15 ac (6,575 SF)
APN
028-025-09
UPID
US09-0912734
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
1976
Heating
NONE
Lot
0.15 ac
Current owner
From public records · entity-resolved
Cheryl Lynn White
Individual
Free & Clear · 1 yrs held
Mailing address
80 E SIR FRANCIS DRAKE BLVD STE 4B, LARKSPUR, CA 94939-1742
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2025
—
Cheryl Lynn White
Cheryl Lynn White
Deed
related
—
Aug 9, 2024
—
James F Dietz
James F Dietz
Intrafamily Transfer
related
—
Jun 20, 2022
—
Annette V Welczeck
Annette V Welczeck
Affidavit Of Death Of Joint Tenant
related
—
Oct 1, 2001
$1,400,000
James F Dietz
Ingeborg-richter Trust
Grant Deed
$900,000 · Rocky V & Annette V
Apr 15, 1999
—
Bruno A Richter
Bruno Trust
Quit Claim Deed
related
—
Dec 2, 1994
—
Richter Trust
Richter,bruno & Inge
Quit Claim Deed
related
—
—
—
Annette Von Welczeck
—
Deed Of Trust
related
$190,000 · Jeffer Mangels Butler & Marmar
—
—
Bruno A Richter
—
Deed Of Trust
related
$335,000 · New Horizons Savings & Loan
—
—
Lorraine W Norby
—
Deed Of Trust
related
$50,000 · Bank Of America
—
—
Rocky V Welczeck
—
Deed Of Trust
related
$75,000 · New Horizons Savings & Loan
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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