Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    47 De Luca Pl San Rafael, CA 94901-3989

    • Industrial properties
    • 4,928 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimations
    $635,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3008482
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • PhotoArts Marin / Vocational School / Training Center
    • PhotoArts California / Vocational School / Training Center
    • Glen Graves photographer / Marketing & Advertising / Advertising Agency
    • Weber Plastering Inc / Construction Company / General Contractor

    Property Details for 47 De Luca Pl

    Year built
    1940
    Lot size
    0.56 lot acres
    Property size
    4,928 SF
    Property type
    Industrial properties
    APN
    013-081-38
    APU
    1308138

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Rafael
    County
    Marin
    State
    California
    Longitude
    -122.521
    Latitude
    37.9648
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,212
    $267,338
    $387,682
    $655,020
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9,885 SF

      111 Larkspur St

      Flex space • 9,885 SF
      111 Larkspur St, San Rafael, CA 94901
      View Details
    • Value Estimation
      $1,665,000
      9,696 SF

      58 Lovell Ave

      INDUSTRIAL (GENERAL) • 9,696 SF
      58 Lovell Ave, San Rafael, CA 94901-3921
      View Details
    • Value Estimation
      $970,000
      8,000 SF

      25 Market St

      INDUSTRIAL (GENERAL) • 8,000 SF
      25 Market St, San Rafael, CA 94901-5803
      View Details
    • Value Estimation
      $2,870,000
      19,432 SF

      112 Frnt St

      INDUSTRIAL (GENERAL) • 19,432 SF
      112 Frnt St, San Rafael, CA 94901-4011
      View Details
    • Value Estimation
      $2,145,000
      16,815 SF

      95 Belvedere St

      INDUSTRIAL (GENERAL) • 16,815 SF
      95 Belvedere St, San Rafael, CA 94901-4838
      View Details
    • Value Estimation
      $560,000
      4,570 SF

      619 Canal St

      INDUSTRIAL (GENERAL) • 4,570 SF
      619 Canal St, San Rafael, CA 94901-4122
      View Details

    Similar Nearby for Sale

    • New
      $2,600,000
      8,000 SF

      San Rafael Commercial Industrial Property

      8,000 SF commercial property ideal for owner-users or investors.
      25 Market St, San Rafael, CA 94901
      View Details
    • $1,595,000
      5,280 SF

      San Rafael Industrial Property

      Fully leased industrial property with high visibility and convenient access.
      735 Lincoln Ave, San Rafael, CA 94901
      View Details
    • Contact for pricing
      22,096 SF

      Small Bay Industrial Building

      Small bay industrial building with easy highway access.
      517 Jacoby St, San Rafael, CA 94901
      View Details
    • $1,298,000
      2,558 SF

      San Rafael Executive Office Building

      Charming Office, 2558 SF, 10 Parking Spots
      1115 Irwin St, San Rafael, CA 94901
      View Details
    • $2,450,000

      San Rafael Multifamily Investment Opportunity

      Two-building property with below-market rents and value-add potential.
      16 Marian Ct, San Rafael, CA 94901
      View Details
    • $4,725,000
      Pending

      San Rafael Multifamily Investment Opportunity

      16-unit apartment building in emerging Marin County tech hub.
      Lincoln Ave, San Rafael, CA 94901
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      CA, San Rafael - 4th Street

      Discover many ways to work your way in CA, San Rafael - 4th Street
      1000 4Th St, San Rafael, CA 94901
      View Details
    • Contact for pricing
      1,152 SF

      San Rafael Warehouse Space Available

      Industrial warehouse space for lease in San Rafael, California.
      3060 Kerner Blvd, San Rafael, CA 94901
      View Details
    • Contact for pricing
      31,859 SF

      Industrial/Flex Buildings in San Rafael

      Versatile industrial/flex buildings suitable for various business uses.
      3160 Kerner Blvd, San Rafael, CA 94901
      View Details
    • $1.30 SF/Yr

      San Rafael Warehouse and Office

      Mixed warehouse and office space with convenient access and parking.
      999 Andersen Dr, San Rafael, CA 94901
      View Details
    • Contact for pricing
      4,922 SF

      San Rafael Office & Warehouse

      Office and warehouse space with convenient access to major transportation.
      2505 Kerner Blvd, San Rafael, CA 94901
      View Details
    • Contact for pricing
      5,868 SF

      San Rafael Warehouse Space Available

      2819 square foot warehouse space for rent in San Rafael.
      21 Duffy Pl, San Rafael, CA 94901
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    47 De Luca Pl
    San Rafael, CA 94901-3989
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!