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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Commercial real estate
33 Reed Blvd, Mill Valley, CA 94941-2306
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3343338
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1965
Total area
4,417 SF
Lot
0.24 ac (10,242 SF)
APN
043-033-06
UPID
US09-3343338
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
-
The Portal Marin Gym & Fitness Center Alternative Medicine Practice
-
Jaxon's Co. Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.38M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
33 Reed Blvd LLC · 2 yrs held
33 Reed Blvd 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,490,000
6.5%
$1,375,000
7%
$1,280,000
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±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
$255 / 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
$22,774
Tax year 2024
Assessed value
$1,618,284
Assessed 2024
Previous assessed
$1,618,284
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$626,140
Assessed improvement
$992,144
Applied tax rate
75.0000
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
1965
Heating
NONE
Total area
4,417 SF
Lot
0.24 ac (10,242 SF)
APN
043-033-06
UPID
US09-3343338
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
1965
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
33 Reed Blvd LLC
Entity
Mailing address
1060 REDWOOD HWY FRONTAGE RD, MILL VALLEY, CA 94941-1613
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Jun 10, 2024
—
33 Reed Blvd LLC
33 Reed Blvd LLC
Deed
related
$328,000 · Bank Of Marin
Feb 23, 2015
—
33 Reed Blvd LLC
Van Acker-bleier 1992 Trust P
Quit Claim Deed
—
Aug 20, 1997
$700,000
Van Acker-bleier Trust
Terrill,mary D
Trustees Deed
—
Aug 20, 1997
—
Mary D Terrill
Terrill,mary D
Quit Claim Deed
related
—
Jan 6, 1995
$730,000
Terrill,mary D
Gottlieb,samuel H
Trustees Deed
—
Jan 6, 1995
—
Samuel H Gottlieb
Gottlieb,denise
Quit Claim Deed
related
—
—
—
Van Acker-bleier Trust
—
Deed Of Trust
related
$1,000,000 · Westamerica Bank
—
—
Vanacker-bleier Trust
—
Deed Of Trust
related
$786,000 · Westamerica Bank
—
—
Samuel H Gottlieb
—
Deed Of Trust
related
$160,000 · Individual
—
—
Van,acker-bleier Living Trust
—
Deed Of Trust
related
$840,000 · Mariner Homes INC
—
—
Vanacker-bleier Living Trust
—
Deed Of Trust
related
$631,000 · Bank Of Marin
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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