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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Super regional malls
2060 Columbus Pkwy, Benicia, CA 94510-5400
Trust Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-0266355
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1991
Total area
9,605 SF
Lot
0.63 ac (27,442 SF)
Zoning code
COMM
APN
0079-020-400
UPID
US09-0266355
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
Kaur,baljit Living Trust · 10 yrs held
Kaur,baljit Living Trust
since 2016
7 recorded transactions
Zoning & alternative use
COMM · Benicia, CA
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,705,000
Current use
MEDICAL BUILDING
$2,440,000
Change: -10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,415,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±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
$187 / 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
$29,175
Tax year 2023
Assessed value
$2,415,705
Assessed 2023
Previous assessed
$2,415,705
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$656,756
Assessed improvement
$1,758,949
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1991
Heating
NONE
Stories
2
Total area
9,605 SF
Lot
0.63 ac (27,442 SF)
Zoning code
COMM
APN
0079-020-400
UPID
US09-0266355
Jurisdiction
SOLANO
Zoning & alternative use
COMM · Benicia, CA
Zoning COMM · permitted uses
COMM · Benicia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Benicia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
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
1991
Heating
NONE
Stories
2
Lot
0.63 ac
Current owner
From public records · entity-resolved
Kaur,baljit Living Trust
Trust
Mailing address
165 SAND DOLLAR DR, VALLEJO, CA 94591-7253
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2022
—
Baljit Kaur
—
Deed
related
$1,100,000 · East West Bank
Jan 13, 2016
—
Kaur,baljit Living Trust
Kaur,baljit
Quit Claim Deed
related
—
Aug 19, 2005
$1,800,000
Baljit Kaur
Ghaleb,shamsaldeen & Fatima
Grant Deed
$1,000,000 · United National Bank
Aug 22, 1994
$665,000
Shamsaldeen Ghaleb
Sanwa Bank Calif
Grant Deed
$415,000 · Sanwa Bank California
Jul 27, 1993
$1,149,278
Sanwa Bank California
Columbus Village
Trustees Deed
related
—
Dec 31, 1990
—
Columbus Village
—
Grant Deed
related
$1,120,000 · Sanwa Bank California
Jun 21, 1990
$3,500
Columbus Village
Cardenas,anthony
Grant Deed
—
—
—
Shams Ghaleb
—
Deed Of Trust
related
$700,000 · Jackson Federal 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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