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Property profile & analytics
OFF-MARKET
Estimated value
$1,745,000
Industrial properties
361 Channel Rd Benicia, CA 94510-1117
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-3139136
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1984
Total area
10,236 SF
Lot
0.87 ac (37,766 SF)
APN
0080-020-190
UPID
US10-3139136
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
-
Environmental Heating and Air Solutions HVAC Service General Contractor
-
WheelEEZ Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.95M
CAP Approach
CAP
$1.56M
Comparable Approach
Comparable
$2.30M
Blend (final)
Blend
$1.75M
Owner & transaction history
Environmental Heating And Air Solut · 4 yrs held
Environmental Heating And Air Solut
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.9M
+79.0%
Medical building
$2.6M
+61.5%
Auto repair, garage
$2.6M
+59.9%
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
$1,965,000
ML approach
$1,945,000
CAP Approach
CAP Return
Estimation
6%
$1,690,000
6.5%
$1,560,000
7%
$1,450,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,610,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,880,000
Change: +79% · Conversion: Difficult
MEDICAL BUILDING
$2,600,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,575,000
Change: +60% · Conversion: Easy
RETAIL STORES
$2,205,000
Change: +37% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,100,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$1.75M
Range $1.57M – $1.92M · ±10% · vs last sale $1.75M (Mar 15 2022)
Last sale anchor
$1.75M
Mar 15 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
$170 / 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
$21,408
Tax year 2023
Assessed value
$1,799,190
Assessed 2023
Previous assessed
$1,799,190
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$612,000
Assessed improvement
$1,187,190
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1984
Heating
NONE
Stories
1
Total area
10,236 SF
Lot
0.87 ac (37,766 SF)
APN
0080-020-190
UPID
US10-3139136
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
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.6M
RETAIL STORES
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.1M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1984
Heating
NONE
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Environmental Heating And Air Solut
Individual
Mailing address
8417 WASHINGTON BLVD STE #170, ROSEVILLE, CA 95678-6259
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2022
—
Environmental Heating And Air Solut
8417 Washington LLC
Lease
$711,000 · The Mortgage Capital Development Corp
Mar 15, 2022
$1,750,000
8417 Washington LLC
361 West Channel Road LLC
Grant Deed
$875,000 · Wells Fargo Bank NA
Apr 20, 2021
—
361 West Channel Road LLC
—
Deed
related
$11,500,000 · Pacific Steel Group
Mar 8, 2021
—
361 West Channel Road LLC
—
Deed
related
—
Sep 9, 2013
$1,500,000
361 West Channel Road LLC
Douglas L Jarvis
Grant Deed
$762,500 · Bridge Bank NA
Apr 18, 2006
—
Douglas L Jarvis
Gregory C Moore
Grant Deed
$450,000 · Wells Fargo Bank NA
May 18, 1994
—
Moore Trust
Moore,gregory C
Quit Claim Deed
related
—
Feb 19, 1993
$335,000
Gregory C Moore
Gonsalves & Sant
Grant Deed
$333,000 · Heller First Capital
Jun 16, 1989
$173,000
Gonsalves & Sant
Alamillo,joe
Trustees Deed
related
—
—
—
Moore Trust
—
Deed Of Trust
related
$320,000 · Wells Fargo Bank
—
—
361 West Channel Road LLC
—
Deed Of Trust
related
$2,530,000 · First Nthrn Bk/dixon
—
—
Gonsalves
—
Deed Of Trust
related
$72,938 · Alamillo Joe
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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