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Property profile & analytics
OFF-MARKET Estimated value $5,685,000
Commercial real estate

2591 Kerner Blvd San Rafael, CA 94901-5571

28,696 SF 1.7 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear
Property ID
US09-2153893
Property summary
AI-generated overview

This exceptional 28,689-square-foot flex/R&D property at 2591-2597 Kerner Boulevard in San Rafael, CA, presents a compelling owner-user opportunity. The building, constructed in 1986 and renovated in 2007, features a two-story office space at the front and a rear section boasting clean rooms, lab space, and a warehouse with five grade-level roll-up doors. The property benefits from a substantial power supply (2,200 amps of 480/277, 3-phase electrical) and abundant HVAC systems, exceeding standard improvements. Currently vacant, this property offers flexibility for either single-tenant or multi-tenant occupancy. Situated within the Bayview Business Park in East San Rafael, this location provides easy access to I-580 and the Richmond-San Rafael Bridge, with proximity to US 101. The park itself is a mature light industrial and office park, featuring ample parking and established landscaping. The property sits on a 16,988 square foot lot and is offered at $6,500,000 with a NNN lease type. The APN is 009-291-39. This is a rare opportunity to acquire a highly improved, well-located flex/R&D space in a desirable Marin County location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Total area 28,696 SF
Lot 1.7 ac (74,127 SF)
APN 009-291-39
UPID US09-2153893
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
  • Snappr Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.58M
Blend (final) Blend
$5.69M
Owner & transaction history
Kerner San Rafael LLC
Kerner San Rafael LLC
since 2025
Last sale
$4.0M
7 recorded transactions
2025
$4.0M
2015
Price N/A
2006
Price N/A
2003
Price N/A
2001
Price N/A
1996
Price N/A
1994
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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