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    Property profile & analytics

    21 Commercial Blvd Novato, CA 94949-6146

    • Industrial properties
    • 1,020 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US09-3015879
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bartley & Bartley Insurance / Insurance Agency
    • Raven Heating & Air Conditioning Inc. / Hvac Contractor
    • Schmitt & Co Management / Property Management Company
    • Novato Mini Storage / Storage Facility
    • North Point Pest Solutions Inc. / Pest Control Service

    Property Details for 21 Commercial Blvd

    Year built
    1979
    Lot size
    0.02 lot acres
    Property size
    1,020 SF
    Property type
    Industrial properties
    APN
    157-490-08
    APU
    15749008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $240,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $215,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $295,000
      Retail
      $235,000
      Mixed-Use
      $270,000
      Hospitality
      $260,000
      Educational
      $280,000
      Residential Income
      $215,000
      Energy
      $225,000
      Income-Based Land
      $275,000
      Food Service
      $260,000

    Location Insight

    • Map
    • Local Demand
    City
    Novato
    County
    Marin
    State
    California
    Longitude
    -122.531
    Latitude
    38.069
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,148
    $210,311
    $150,222
    $360,533
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      45,080 SF

      95 Digital Dr

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      95 Digital Dr, Novato, CA 94949-5728
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    • Value Estimation by Request
      124,178 SF

      46 Galli Dr

      INDUSTRIAL (GENERAL) • 124,178 SF
      46 Galli Dr, Novato, CA 94949-5706
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      74,292 SF

      60 Galli Dr

      INDUSTRIAL (GENERAL) • 74,292 SF
      60 Galli Dr, Novato, CA 94949-5795
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    • Value Estimation by Request
      8,664 SF

      61 Galli Dr

      INDUSTRIAL (GENERAL) • 8,664 SF
      61 Galli Dr, Novato, CA 94949-5701
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      13,296 SF

      32 Galli Dr

      INDUSTRIAL (GENERAL) • 13,296 SF
      32 Galli Dr, Novato, CA 94949-5733
      View Details
    • Value Estimation by Request
      14,280 SF

      65 Hamilton Dr

      INDUSTRIAL (GENERAL) • 14,280 SF
      65 Hamilton Dr, Novato, CA 94949-5618
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      30,000 SF

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    • $3,000,000
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      Office/Warehouse Condos in Business Park

      Three connected office/warehouse condos with flexible layout and convenient highway access.
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    • $1,800,000
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      Novato Industrial/Manufacturing/Distribution Center

      Established light industrial, manufacturing, and distribution center in Novato, CA.
      4 Commercial Blvd, Novato, CA 94949
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    • $6,525,000

      Novato Multifamily Investment Opportunity

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      Novato Office Building For Sale

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    Similar Nearby for Lease

    • $1.45 SF/Yr
      3,681 SF

      Marin Flex Space For Rent

      Flex space with excellent glass line and on-site parking.
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    • $12 SF/Yr
      23,901 SF

      Novato Office/Industrial Building For Lease

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    • $1.45 SF/Yr
      2,567 SF

      Warehouse with Adjoining Office Space

      Warehouse with office space available in Marin County.
      16 Digital Dr, Novato, CA 94949
      View Details
    • Contact for pricing
      21,986 SF

      Marin County Warehouse Opportunity

      Distribution/warehouse space in Marin County with yard and parking.
      77 Hamilton Dr, Novato, CA 94949
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    • $1.95 SF/Yr
      11,627 SF

      Prime Novato Executive Office Space

      11,627 SF Office Building, Suites Available
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      View Details
    • Contact for pricing
      5,995 SF

      Unique Office Space with Amenities

      Adaptable office space with modern amenities and convenient transportation access.
      3 Hamilton Lndg, Novato, CA 94949
      View Details
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    21 Commercial Blvd
    Novato, CA 94949-6146
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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