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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Commercial real estate
305 Montecito Ave, Corte Madera, CA 94925-1404
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0791396
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1908
Construction
WOOD FRAME
Total area
3,058 SF
Lot
0.11 ac (4,700 SF)
APN
025-036-05
UPID
US09-0791396
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
by Request
CAP Approach
CAP
$955k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$745k
Owner & transaction history
Boussina,perry & Jane Trust · 6 yrs held
Boussina,perry & Jane Trust
since 2019
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 Corte Madera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corte Madera 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%
$1,030,000
6.5%
$955,000
7%
$885,000
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$244 / 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
$18,383
Tax year 2024
Assessed value
$1,356,101
Assessed 2024
Previous assessed
$1,356,101
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$771,009
Assessed improvement
$585,092
Applied tax rate
2.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1908
Construction
WOOD FRAME
Heating
NONE
Units
1
Bathrooms
1
Total area
3,058 SF
Lot
0.11 ac (4,700 SF)
APN
025-036-05
UPID
US09-0791396
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
1908
Construction
WOOD FRAME
Heating
NONE
Units
1
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Boussina,perry & Jane Trust
Trust
Free & Clear · 6 yrs held
Mailing address
566 VIRGINIA DR, TIBURON, CA 94920-1335
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2019
—
Boussina,perry & Jane Trust
Boussina,perry & Jane E
Quit Claim Deed
related
—
Jul 10, 2018
$1,240,000
Perry Boussina
Barbara Frei Separate Trust
Grant Deed
—
Sep 30, 2010
$645,000
Frei Barbara Living Trust
Moayedi,kamron & Gitty
Grant Deed
—
Apr 6, 2000
$533,000
Kamron Moayedi
Heath Trust
Grant Deed
$480,000 · Metro Commerce Bank NA
Jul 18, 1997
—
Heath Trust
Heath Trust
Quit Claim Deed
related
$70,000 · Roza & Co
Aug 17, 1994
$460,000
Heath Trust
Waters,patrick J
Grant Deed
related
$368,174 · Individual
Aug 29, 1990
$425,000
Waters,patrick J
Mutrux,elaine
Trustees Deed
$210,000 · Seller
—
—
Patrick J Waters
—
Deed Of Trust
related
$67,000 · Individual
—
—
Patrick J Waters
—
Deed Of Trust
related
—
—
—
Kamron Moayedi
—
Deed Of Trust
related
$200,000 · Tamalpais Bank
—
—
Hath Trust
—
Deed Of Trust
related
$66,922 · Meridian Commercial INC
—
—
Heath Trust
—
Deed Of Trust
related
$80,000 · Guadagnini Trust
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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