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Property profile & analytics
OFF-MARKET
Estimated value
$4,445,000
Commercial real estate
500 Tamal Plz, Corte Madera, CA 94925-1151
Trust Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-2547587
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1973
Total area
29,712 SF
Lot
1.57 ac (68,460 SF)
APN
024-011-71
UPID
US09-2547587
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
-
Own Beauty Medical Clinic Skin Care Clinic
-
Pilates of Marin Gym & Fitness Center
-
Kinetic Health & Performance Group Gym & Fitness Center
-
The Knee Joint Powered by JOUR-KNEE Medical Clinic
-
JMC Sound Design & Production Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.45M
Owner & transaction history
Giannini D T & C M F Of Trust · 7 yrs held
Giannini D T & C M F Of Trust
since 2018
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$150 / 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
$62,413
Tax year 2024
Assessed value
$4,464,707
Assessed 2024
Previous assessed
$4,464,707
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,743,281
Assessed improvement
$2,721,426
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
1973
Heating
NONE
Bathrooms
2
Total area
29,712 SF
Lot
1.57 ac (68,460 SF)
APN
024-011-71
UPID
US09-2547587
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
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Bathrooms
2
Lot
1.57 ac
Current owner
From public records · entity-resolved
Giannini D T & C M F Of Trust
Trust
Mailing address
PO BOX 2797, SAUSALITO, CA 94966-2797
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
—
David T Giannini
—
Deed
related
$2,000,000 · First Republic Bank
Jul 23, 2018
—
Giannini D T & C M F Of Trust
Giannini D T & C M F/tr
Quit Claim Deed
related
—
Feb 2, 2009
—
Giannini D T & C M Family
Giannini,david T & Carolyn M
Quit Claim Deed
related
—
Feb 27, 1997
—
David T Giannini
Giannini,david T & Carolyn M
Quit Claim Deed
related
$1,500,000 · Bank Of America
—
—
David T Giannini
—
Deed Of Trust
related
$1,297,183 · Bank Of America
—
—
David T Giannini
—
Deed Of Trust
related
$550,000 · Bank Of America
—
—
David T Giannini
—
Deed Of Trust
related
$150,000 · Bank Of America
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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