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Property profile & analytics
OFF-MARKET
Estimated value
$4,980,000
Commercial real estate
45 San Clemente Dr, Corte Madera, CA 94925-1244
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0228039
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1983
Construction
WOOD FRAME
Total area
13,798 SF
Lot
0.97 ac (42,336 SF)
APN
024-171-33
UPID
US09-0228039
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
-
Leslie M. Simon, Ph.D. Physician Medical Clinic
-
Dr. Nadine's Bodymoves Chiropractic Inc. Alternative Medicine Practice
-
Bruce D. Moore, DC Alternative Medicine Practice
-
Marin Stress and Anxiety Center, Jonathan Pofsky, MFT, CMT Mental Health Service Yoga Studio
-
Batool Brows & Cosmetics Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.93M
CAP Approach
CAP
$4.30M
Comparable Approach
Comparable
$6.09M
Blend (final)
Blend
$4.98M
Owner & transaction history
Hb Bona LLC · 6 yrs held
Hb Bona LLC
since 2020
Last sale
$5.4M
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 Corte Madera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corte Madera 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
$4,815,000
ML approach
$4,925,000
CAP Approach
CAP Return
Estimation
6%
$4,655,000
6.5%
$4,300,000
7%
$3,990,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,255,000
Current use
INDUSTRIAL (GENERAL)
$4,255,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$4.98M
Range $4.48M – $5.48M · ±10% · vs last sale $5.43M (May 19 2020)
Last sale anchor
$5.43M
May 19 2020
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
$361 / 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
$75,080
Tax year 2024
Assessed value
$5,824,967
Assessed 2024
Previous assessed
$5,824,967
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$2,273,042
Assessed improvement
$3,551,925
Applied tax rate
2.0000
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
1983
Construction
WOOD FRAME
Heating
NONE
Total area
13,798 SF
Lot
0.97 ac (42,336 SF)
APN
024-171-33
UPID
US09-0228039
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.3M
INDUSTRIAL (GENERAL)
Est. value
$4.3M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (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
1983
Construction
WOOD FRAME
Heating
NONE
Lot
0.97 ac
Current owner
From public records · entity-resolved
Hb Bona LLC
Entity
Mailing address
12 ACACIA DR, BELVEDERE TIBURON, CA 94920-1101
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Oct 31, 2025
—
4bach LP
—
Deed
related
$2,600,000 · Bank Of Marin
May 19, 2020
$5,433,000
Hb Bona LLC
Sunhill Enterprises LP
Grant Deed
—
May 19, 2020
—
Hb Bona LLC
—
Deed
related
$3,000,000 · First Republic Bk
Jan 2, 2019
$5,400,000
Sunhill Enterprises LP
Rudy Arana
Grant Deed
$2,700,000 · First Republic Bank
May 27, 2005
$1,485,000
Rudy Arana
Lihui Partners
Grant Deed
—
Dec 20, 2002
$1,700,000
Lihui Partners
Golem Trading LLC
Grant Deed
$850,000 · Golem Trading LLC
Nov 19, 2002
$1,525,100
Golem Trading LLC
Garza,frank
Trustees Deed
—
Sep 27, 1991
$1,350,000
Frank Garza JR.
Goldhagen,albert
Grant Deed
$1,160,000 · Old Stone Bank
—
—
Frank Garza
—
Deed Of Trust
related
$150,000 · Civicbank Of Commerce
—
—
Hb Bona LLC
—
Loan Modification
related
$3,000,000 · First Republic Bk
—
—
Rudy Arana
—
Deed Of Trust
related
$931,441 · Bank Of Marin
—
—
Lihui Partners
—
Deed Of Trust
related
$1,150,000 · 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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