Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,680,000
Flex space
350 Channel Rd Benicia, CA 94510-1121
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US10-2672832
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1979
Total area
11,300 SF
Lot
3.29 ac (143,312 SF)
APN
0080-010-070
UPID
US10-2672832
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
-
Riley's Striping General Contractor Construction Company
-
Pro-Faction Martial Arts & Fitness Gym & Fitness Center
-
Nor-Cal Truck Repair Auto Repair Shop
-
Code Red Safety Building Supply General Contractor
-
Critical Weld Inspections INC. General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.73M
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.68M
Owner & transaction history
David A Cox · 9 yrs held
David A Cox
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.4M
+37.0%
Commercial (general)
$2.3M
+30.4%
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 Benicia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Benicia 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%
$1,870,000
6.5%
$1,725,000
7%
$1,600,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,775,000
Current use
RETAIL STORES
$2,435,000
Change: +37% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,315,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$1.68M
Range $1.51M – $1.85M · ±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
$149 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$24,534
Tax year 2023
Assessed value
$2,063,707
Assessed 2023
Previous assessed
$2,063,707
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,227,069
Assessed improvement
$836,638
Applied tax rate
1.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1979
Heating
NONE
Stories
3
Total area
11,300 SF
Lot
3.29 ac (143,312 SF)
APN
0080-010-070
UPID
US10-2672832
Jurisdiction
SOLANO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.8M
RETAIL STORES
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.3M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Stories
3
Lot
3.29 ac
Current owner
From public records · entity-resolved
David A Cox
Individual
Mailing address
PO BOX 213, BENICIA, CA 94510-0213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2016
—
David A Cox
Montoya,alexandra H
Quit Claim Deed
$1,000,850 · Bank Of The West
Apr 25, 2013
$795,000
Benicia Commercial LLC
Marnicore LLC
Grant Deed
$794,600 · Marnicore LLC
Jan 30, 2013
—
Marnicore LLC
Sa Challenger INC
Quit Claim Deed
related
—
Nov 14, 2012
$754,687
Sa Challenger INC
First American Title Ins
Trustees Deed
related
—
Aug 20, 2008
$1,380,000
International Power Inv LLC
Pixley,charles W & Lois M
Grant Deed
$1,185,000 · Pacific National Bank
Jun 10, 1991
$552,500
Charles W Pixley
Asset,equities P
Grant Deed
—
Mar 5, 1991
$450,000
Equities P Asset
J&r Dev INC
Grant Deed
related
—
—
—
Benicia Commercial LLC
—
Deed Of Trust
related
$96,400 · Marnicore LLC
—
—
International Power Investment
—
Deed Of Trust
related
$380,000 · Charles W & Lois M Pixley
—
—
Benicia Commercial LLC
—
Deed Of Trust
related
$150,000 · Bank Of The West
—
—
Charles W Pixley
—
Deed Of Trust
related
$323,820 · Individual
—
—
Benicia Commercial LLC
—
Deed Of Trust
related
$697,500 · Bank Of The West
—
—
Charles W Pixley
—
Deed Of Trust
related
$250,000 · Wells Fargo Bank
—
—
Charles W Pixley
—
Deed Of Trust
related
$300,000 · Lamorinda National 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 350 Channel Rd?
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.
