Property profile

24 Commercial Blvd Novato, CA 94949

OFF-MARKET
Industrial properties
Property ID
US09-1533963
17,457 SF 1 ac lot Built 1977
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1977
Total area 17,457 SF
Lot 1 ac (43,700 SF)
APN 157-431-15
UPID US09-1533963

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office
  • Factory Production Facility
  • Cosmetic Store
  • Security Service

Location

24 Commercial Blvd Novato, CA 94949-6182
Novato metro Census 105002 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.22M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.31M

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
1998
$1.0M
1996
$1.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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