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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Retail space
242 1st St, Benicia, CA 94510-3504
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-3166008
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
2,035 SF
Lot
0.05 ac (2,001 SF)
APN
0080-400-110
UPID
US10-3166008
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
-
NationWize Solar Production Facility
-
The Movement Chiropractic Alternative Medicine Practice
-
Dr. Ryan Cason Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$682k
Blend (final)
Blend
$820k
Owner & transaction history
Guy Ussorio · 5 yrs held
Guy Ussorio
since 2020
Last sale
$925,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.1M
+143.9%
Neighborhood: shopping center
$575,000
+30.7%
Medical building
$515,000
+17.9%
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
WAREHOUSE, STORAGE
$1,070,000
Change: +144% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$575,000
Change: +31% · Conversion: Moderate
MEDICAL BUILDING
$515,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$510,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$820k
Range $738k – $902k · ±10% · vs last sale $925k (Oct 15 2020)
Last sale anchor
$925k
Oct 15 2020
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
$403 / 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
$11,448
Tax year 2023
Assessed value
$962,370
Assessed 2023
Previous assessed
$962,370
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$265,302
Assessed improvement
$697,068
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
2,035 SF
Lot
0.05 ac (2,001 SF)
APN
0080-400-110
UPID
US10-3166008
Jurisdiction
SOLANO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$575,000
MEDICAL BUILDING
Est. value
$515,000
AUTO REPAIR, GARAGE
Est. value
$510,000
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Heating
NONE
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Guy Ussorio
Individual
Mailing address
1941 SOFIA WAY, BRENTWOOD, CA 94513-7231
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2020
—
Guy Ussorio
Myrian Ussorio
Quit Claim Deed
related
—
Oct 15, 2020
$925,000
Guy Ussorio
Nasir Husain
Grant Deed
—
Dec 27, 2018
—
Nasir Husain
—
Deed
related
$200,000 · Mcnabb Ernest J Living Tr (rt)
Aug 1, 2018
$825,000
Nasir Husain
James F Keller
Grant Deed
$380,000 · Cathay Bank
Oct 3, 2012
—
James F Keller
Black Management LLC
Grant Deed
—
Nov 21, 2006
—
Black Management LLC
Keller,james F & Lindsay M
Grant Deed
—
Oct 6, 2006
$908,000
James F Keller
Olson 737-benicia 40 LLC
Grant Deed
$2,275,000 · Napa Community Bank
Aug 31, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Nasir Husain
—
Deed Of Trust
related
$200,000 · Mcnabb Ernest J Living Tr (rt)
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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