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Property profile & analytics
OFF-MARKET
Estimated value
$3,040,000
Flex space
536 Stone Rd Benicia, CA 94510-1153
Trust Owned
11-yr Hold
~
Est. High Equity
Property ID
US10-3124803
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1985
Total area
23,040 SF
Lot
1.13 ac (49,223 SF)
APN
0080-050-340
UPID
US10-3124803
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
-
Safway Services General Contractor Construction Company
-
US Government Publishing Office San Francisco Regional Office Federal Government Office
-
Bright Energy Solar Group Electrical Service
-
Global Test Supply (Benicia, California) Distribution Center Logistics Company
-
Bay Area Pressure Washing Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.52M
Comparable Approach
Comparable
$3.40M
Blend (final)
Blend
$3.04M
Owner & transaction history
Grobe,arthur E JR Trust · 11 yrs held
Grobe,arthur E JR Trust
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.0M
+37.0%
Commercial (general)
$4.7M
+30.4%
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%
$3,810,000
6.5%
$3,515,000
7%
$3,265,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,625,000
Current use
RETAIL STORES
$4,965,000
Change: +37% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,725,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$3.04M
Range $2.74M – $3.34M · ±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
$132 / 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
$31,596
Tax year 2023
Assessed value
$2,658,010
Assessed 2023
Previous assessed
$2,658,010
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$473,841
Assessed improvement
$2,184,169
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1985
Heating
NONE
Stories
1
Total area
23,040 SF
Lot
1.13 ac (49,223 SF)
APN
0080-050-340
UPID
US10-3124803
Jurisdiction
SOLANO
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
INDUSTRIAL (GENERAL) Current
Est. value
$3.6M
RETAIL STORES
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$4.7M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (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
1985
Heating
NONE
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Grobe,arthur E JR Trust
Trust
Mailing address
101 ELLINWOOD DR, PLEASANT HILL, CA 94523-7722
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2016
—
Harvey Rosenthal
—
Deed
related
$1,900,000 · River City Bank
Jul 6, 2015
—
Grobe,arthur E JR Trust
Grobe Living Trust
Quit Claim Deed
related
—
Feb 14, 2014
—
Bevans,sharon 2014 Trust
Bevans,sharon W
Quit Claim Deed
related
—
May 7, 2013
—
Grobe Living Trust
Grobe,arthur JR
Quit Claim Deed
related
—
Apr 12, 2013
—
Arthur Grobe JR.
Pean Family Trust
Grant Deed
—
Apr 13, 2012
—
Rnjak George Trust
Owner Name Unavailable
Grant Deed
related
—
Sep 3, 2004
$4,550,000
Rosenthal,trust
Stone Road LLC
Grant Deed
—
Oct 31, 2002
—
Stone Road LLC
—
Deed Of Trust
related
$2,788,000 · Bank Of Walnut Creek
Aug 23, 2002
—
Stone Road LLC
Marina Square Partners LP
Grant Deed
$2,200,000 · Golden Gate Bank
Aug 24, 1999
—
Marina Square Partners LP
Spieker Properties LP
Grant Deed
$1,912,058 · Wells Fargo Bank
Jan 31, 1996
—
Properties LP Spieker
Benicia Properties
Grant Deed
related
—
Jun 23, 1993
—
Benicia Properties
Bedford,peter B
Quit Claim Deed
related
—
—
—
Benicia Properties
—
Deed Of Trust
related
—
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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