Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Industrial properties
285 Bel Marin Kys Blvd Ste J Novato, CA 94949-5763
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-3016006
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Total area
3,100 SF
Lot
0.05 ac (2,092 SF)
APN
157-780-08
UPID
US10-3016006
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
$645k
Blend (final)
Blend
$540k
Owner & transaction history
Axel Capital Partners LLC · 2 yrs held
Axel Capital Partners LLC
since 2024
7 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 Novato submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Novato 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
$405,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$570,000
7%
$530,000
Blend value · Realmo final
$540k
Range $486k – $594k · ±10%
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
$174 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,490
Tax year 2024
Assessed value
$840,372
Assessed 2024
Previous assessed
$840,372
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$252,795
Assessed improvement
$587,577
Applied tax rate
10.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1998
Heating
NONE
Total area
3,100 SF
Lot
0.05 ac (2,092 SF)
APN
157-780-08
UPID
US10-3016006
Jurisdiction
MARIN
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
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
1998
Heating
NONE
Lot
0.05 ac
Current owner
From public records · entity-resolved
Axel Capital Partners LLC
Entity
Mailing address
285 BEL MARIN KYS BLVD STE K, NOVATO, CA 94949-5763
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2024
—
Axel Capital Partners LLC
Peter Axelsen
Intrafamily Transfer
related
—
Feb 5, 2021
—
Ingrid Axelsen
Axel Capital Partners LLC
Grant Deed
—
Aug 16, 2019
—
Axel Capital Partners LLC
Ingrid Axelsen
Grant Deed
$404,235 · Westamerica Bank
Oct 31, 2018
—
Axelsen 1995 Family Trust
—
Deed
related
$408,000 · Westamerica Bk
Jan 24, 2017
—
Ingrid Axelsen
Axelsen,soren
Affidavit Of Death
related
—
Feb 7, 2005
—
Axelsen 1995 Trust
Axelsen,eric
Quit Claim Deed
related
—
Aug 13, 2004
—
Eric Axelsen
Axelsen,sjoukje
Quit Claim Deed
related
—
Aug 13, 2004
$615,000
Peter Axelsen
Muench,volker D
Grant Deed
$461,250 · Westamerica Bank
Aug 25, 1998
$329,000
Volker D Muench
Diodati Investments INC
Grant Deed
$200,000 · Westamerica Bank
—
—
Axelsen 1995 Family Trust
—
Deed Of Trust
related
$408,000 · Westamerica Bk
—
—
Judith Axelsen
—
Deed Of Trust
related
$315,400 · Westamerica 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 285 Bel Marin Kys Blvd Ste J?
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.
