New search
Property profile & analytics
OFF-MARKET
Estimated value
$15,000,000
Warehouses
224 Reindollar Ave Marina, CA 93933-3857
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2949010
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Construction
WOOD
Total area
10,890 SF
Lot
4.5 ac (196,020 SF)
APN
032-421-015-000
UPID
US09-2949010
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
-
Marina Self-Storage Storage Facility
-
Ian Automotive Auto Repair Shop Vehicle Inspection Center
-
Alternative Dental Lab Dental Office
-
ABO Car Wraps (Bike/Boat/Book/etc) Store
-
Denney's Heating Inc HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$15.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.00M
Owner & transaction history
Scg Mar LLC · 1 yrs held
Scg Mar LLC
since 2024
Last sale
$15.0M
6 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 Marina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marina 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
$15,000,000
ML approach
$15,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.00M
Range $13.50M – $16.50M · ±10% · vs last sale $15.00M (Oct 17 2024)
Last sale anchor
$15.00M
Oct 17 2024
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
$1,377 / 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
$23,590
Tax year 2023
Assessed value
$2,114,859
Assessed 2024
Previous assessed
$2,114,859
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$98,723
Assessed improvement
$2,016,136
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
NONE
Buildings
6
Stories
1
Rooms
1
Total area
10,890 SF
Lot
4.5 ac (196,020 SF)
APN
032-421-015-000
UPID
US09-2949010
Jurisdiction
MONTEREY
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
1974
Construction
WOOD
Heating
NONE
Stories
1
Buildings
6
Rooms
1
Lot
4.5 ac
Current owner
From public records · entity-resolved
Scg Mar LLC
Entity
Mailing address
180 2ND ST, LOS ALTOS, CA 94022-2833
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2024
$15,000,500
Scg Mar LLC
Russell Realty Enterprises
Grant Deed
$7,500,000 · American Family Mutual Insurance Co
Oct 17, 2024
—
Russell Marina Properties LLC
Russell Realty Enterprises
Intrafamily Transfer
related
—
Nov 7, 2019
—
Russell Realty Ents
—
Grant Deed
related
$5,500,000 · First Republic Bk
Dec 19, 2001
—
Russell Realty Enterprises
—
Deed Of Trust
related
$3,000,000 · Wells Fargo Bank
Jun 21, 1991
—
Realty E Russell
Russell,jack E
Quit Claim Deed
related
$1,300,000 · First National Bank Monterey
—
—
Russell Realty Ents
—
Deed Of Trust
related
$4,750,000 · First Republic 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 224 Reindollar Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
