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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Commercial real estate
503 Magnolia Ave Larkspur, CA 94939-1381
Individually Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2740268
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1906
Construction
WOOD FRAME
Total area
3,736 SF
Lot
0.17 ac (7,500 SF)
APN
020-261-04
UPID
US09-2740268
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
-
Coquelicot (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.03M
Owner & transaction history
Kathryn E Hansen · 15 yrs held
Kathryn E Hansen
since 2011
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 Larkspur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Larkspur 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%
$1,260,000
6.5%
$1,165,000
7%
$1,080,000
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$276 / 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
$39,285
Tax year 2024
Assessed value
$2,653,020
Assessed 2024
Previous assessed
$2,653,020
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$972,774
Assessed improvement
$1,680,246
Applied tax rate
4.0000
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
1906
Construction
WOOD FRAME
Heating
NONE
Cooling
CENTRAL
Units
1
Total area
3,736 SF
Lot
0.17 ac (7,500 SF)
APN
020-261-04
UPID
US09-2740268
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
1906
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Kathryn E Hansen
Individual
Free & Clear · 15 yrs held
Mailing address
200 JUANITA WAY, SAN FRANCISCO, CA 94127-1736
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2021
—
Kathryn E Hansen
—
Deed
related
$287,000 · Bank Of Marin
May 3, 2011
—
Kathryn E Hansen
Hansen Henry D & K E Trust
Quit Claim Deed
related
—
Dec 17, 2002
—
Hansen,henry D Tr
Hansen,tr
Quit Claim Deed
related
—
Mar 31, 1994
—
Henry D Hansen Trustee
Hansen,henry D &
Quit Claim Deed
related
—
Jan 11, 1994
$845,000
Henry D Hansen
Ackerman,g W
Grant Deed
$506,000 · First Republic Thrift & Loan
Jul 14, 1992
$845,000
G William Ackerman
Kest,malcolm
Grant Deed
$549,250 · First Republic
Jan 6, 1989
—
Malcolm Kest
Friedman,elaine
Quit Claim Deed
related
$200,000 · Bay View Federal Bank
Jan 6, 1989
$318,000
Kest,malcolm
Gardiner,samuel
Trustees Deed
—
—
—
Kathryn E Hansen
—
Deed Of Trust
related
$390,000 · First Republic Bank
—
—
G Willi Ackerman
—
Deed Of Trust
related
$401,250 · Glendale Federal 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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