New search
Property profile & analytics
FOR SALE
Commercial real estate
32 Miller Ave, Mill Valley, CA 94941
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3299508
For Sale
1 / 4
$2,895,000
32 Miller Ave, Mill Valley, CA 94941
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1924
Total area
2,419 SF
Lot
0.1 ac (4,160 SF)
APN
028-061-14
UPID
US09-3299508
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
-
Nelson + Fallone Team Real Estate Agency
-
Thierry Abel - Private Mortgage Advisors Loan Service Bank
-
Lynn Reid Real Estate Agency
-
Delightful Decluttering Professional Organizer Service Establishment
-
Sharon Kramlich, Compass Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$3.12M
Owner & transaction history
Keil Sonoma Corporation · 3 yrs held
Keil Sonoma Corporation
since 2022
Last sale
$3.2M
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 Mill Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mill Valley 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
$3,035,000
ML approach
$3,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.12M
Range $2.80M – $3.43M · ±10% · vs last sale $3.17M (Nov 21 2022)
Last sale anchor
$3.17M
Nov 21 2022
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
$1,288 / 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
$38,802
Tax year 2024
Assessed value
$3,228,300
Assessed 2024
Previous assessed
$3,228,300
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,785,000
Assessed improvement
$1,443,300
Applied tax rate
5.0000
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
For Sale
Year built
1924
Heating
NONE
Total area
2,419 SF
Lot
0.1 ac (4,160 SF)
APN
028-061-14
UPID
US09-3299508
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
1924
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
Keil Sonoma Corporation
Entity
Mailing address
244 KEARNY ST, SAN FRANCISCO, CA 94108-4507
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Nov 21, 2022
$3,165,000
Keil Sonoma Corporation
655 685 4th Street LP
Grant Deed
—
Mar 12, 2021
$3,000,000
655 685 4th Street LP
Jamie E Rebagliati
Grant Deed
$1,500,000 · First Republic Bank
Jul 14, 2017
—
Belinda Rose
—
Deed
related
$600,000 · First Republic Bank
Apr 30, 2013
—
Rose,belinda Trust
Rose Belinda Trust
Quit Claim Deed
related
$500,000 · First Republic Bank
May 13, 1996
—
Rose Trust
Rose,belinda
Quit Claim Deed
related
—
—
—
Belinda Rose
—
Deed Of Trust
related
—
—
—
Rose Belinda Trust
—
Deed Of Trust
related
$300,000 · First Republic Bank
—
—
Belinda Rose
—
Deed Of Trust
related
$200,000 · University Bank
—
—
Rose Trust
—
Deed Of Trust
related
$340,000 · First Republic 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?”
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.
