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Property profile & analytics
OFF-MARKET
Estimated value
$7,690,000
Warehouses
4950 2nd St, Benicia, CA 94510-1027
Individually Owned
36-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2436701
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Total area
50,110 SF
Lot
2.91 ac (126,759 SF)
Zoning code
INDUSTRIAL
APN
0080-050-550
UPID
US09-2436701
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
-
Garden Winds Furniture & Home Goods Hardware & Home Improvement
-
Lucky Clover Trading Co Department Store
-
Home Focus Furniture & Home Goods Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.69M
Owner & transaction history
Lam,peter K S & Susan A Tr · 36 yrs held
Lam,peter K S & Susan A Tr
since 1990
5 recorded transactions
Zoning & alternative use
INDUSTRIAL · Benicia, CA
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 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%
$10,055,000
6.5%
$9,285,000
7%
$8,620,000
Blend value · Realmo final
$7.69M
Range $6.92M – $8.46M · ±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
$153 / 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
$38,017
Tax year 2023
Assessed value
$3,198,374
Assessed 2023
Previous assessed
$3,198,374
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,056,695
Assessed improvement
$2,141,679
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Heating
NONE
Total area
50,110 SF
Lot
2.91 ac (126,759 SF)
Zoning code
INDUSTRIAL
APN
0080-050-550
UPID
US09-2436701
Jurisdiction
SOLANO
Zoning & alternative use
INDUSTRIAL · Benicia, CA
Zoning INDUSTRIAL · permitted uses
INDUSTRIAL · Benicia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Benicia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Lot
2.91 ac
Current owner
From public records · entity-resolved
Lam,peter K S & Susan A Tr
Individual
Mailing address
3926 N PEARDALE DR, LAFAYETTE, CA 94549-2820
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1990
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 1990
$475,500
Lam,peter K S & Susan A Tr
Unknown
Grant Deed
—
—
—
Lam Peter K S
—
Deed Of Trust
related
$900,000 · Fremont Bank
—
—
Lam Trust
—
Deed Of Trust
related
$1,387,500 · Westamerica Bank
—
—
Lam Family Trust
—
Deed Of Trust
related
$1,500,000 · Bank Of America
—
—
Lam Peter K S
—
Deed Of Trust
related
$720,000 · Truckee River 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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