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Property profile & analytics
OFF-MARKET
Estimated value
$1,275,000
Flex space
3890 Industrial Way Benicia, CA 94510-1200
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-1048735
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1985
Total area
8,400 SF
Lot
0.52 ac (22,564 SF)
APN
0080-090-460
UPID
US09-1048735
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
-
Duracite Manufacturing Co Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.28M
Owner & transaction history
3890 Industrial Way LLC · 7 yrs held
3890 Industrial Way LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+59.9%
Retail stores
$1.8M
+37.0%
Commercial (general)
$1.7M
+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%
$1,390,000
6.5%
$1,280,000
7%
$1,190,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,320,000
Current use
AUTO REPAIR, GARAGE
$2,110,000
Change: +60% · Conversion: Easy
RETAIL STORES
$1,810,000
Change: +37% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,720,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$1.28M
Range $1.15M – $1.40M · ±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
$152 / 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
$18,741
Tax year 2023
Assessed value
$1,576,135
Assessed 2023
Previous assessed
$1,576,135
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,072,201
Assessed improvement
$503,934
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
1985
Heating
NONE
Stories
2
Total area
8,400 SF
Lot
0.52 ac (22,564 SF)
APN
0080-090-460
UPID
US09-1048735
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
$1.3M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
INDUSTRIAL (GENERAL) Current
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
1985
Heating
NONE
Stories
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
3890 Industrial Way LLC
Entity
Mailing address
137 POPLAR DR, KENTFIELD, CA 94904-1043
Ownership since
2018
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
Sep 14, 2018
$1,470,000
3890 Industrial Way LLC
Reich Living Trust
Grant Deed
—
Nov 9, 2001
$570,000
Reich Trust
Halabi,fadi
Grant Deed
$427,500 · Union Bank Of California
Dec 18, 1995
$200,000
Halabi,fadi
Duracite Corporation
Trustees Deed
related
$200,000 · Scott Valley Bank
Dec 18, 1995
—
Halabi,fadi
Al-shishawi,muna
Trustees Deed
related
—
—
—
Apex Marble INC
—
Deed Of Trust
related
$174,393 · Butler Johnson C
—
—
Fadi Halabi
—
Deed Of Trust
related
$60,000 · Scott Valley Bank
—
—
John A Butler JR.
—
Deed Of Trust
related
$160,000 · Stucky Ronald L
—
—
Reich,tr
—
Deed Of Trust
related
$455,000 · Valley Community Bank
—
—
Reich Trust
—
Deed Of Trust
related
$575,000 · Solano 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.
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