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Property profile & analytics
OFF-MARKET
Estimated value
$3,400,000
Commercial real estate
5768 Paradise Dr, Corte Madera, CA 94925-1223
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-2530319
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1976
Total area
18,591 SF
Lot
0.33 ac (14,500 SF)
APN
026-011-16
UPID
US09-2530319
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
-
Floortex Design - We've moved to 4212 Redwood Hwy, Terra Linda Carpet & Flooring Store
-
Practical Martial Arts Training Center Sports School
-
Get Fit Marin Gym & Fitness Center
-
Personal Training In Marin Physician
-
Hayley Spelman Performance Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.40M
Owner & transaction history
Catherine Mclean · 6 yrs held
Catherine Mclean
since 2020
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
$183 / 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
$74,363
Tax year 2024
Assessed value
$5,942,872
Assessed 2024
Previous assessed
$5,942,872
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,289,447
Assessed improvement
$4,653,425
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
1976
Heating
NONE
Total area
18,591 SF
Lot
0.33 ac (14,500 SF)
APN
026-011-16
UPID
US09-2530319
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
1976
Heating
NONE
Lot
0.33 ac
Current owner
From public records · entity-resolved
Catherine Mclean
Individual
Mailing address
PO BOX 263, CORTE MADERA, CA 94976-0263
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2020
—
Catherine Mclean
Bypass Mclean Trust
Quit Claim Deed
—
Apr 15, 2019
—
Bypass,mclean Trust
Mclean,lois A
Affidavit Of Death
related
—
Oct 19, 2016
—
Lois A Mclean
—
Deed
related
$1,078,000 · Wells Fargo Bank NA
Sep 11, 2013
—
Lois A Mclean
Mclean,alexander S
Affidavit Of Death
related
—
May 2, 2011
—
Neil Mclean
Hilary D Garland
Intrafamily Transfer
related
$1,200,000 · Wells Fargo Bank NA
Dec 31, 2007
—
Catherine Mclean
Mclean,alex & Lois
Quit Claim Deed
related
—
Jul 12, 2002
—
Alex Mcclean
—
Deed Of Trust
related
$1,200,000 · Bank Of Marin
Jun 27, 1997
—
Alex Mclean
—
Deed Of Trust
related
$1,290,000 · Bank Of America
—
—
Alexander Mclean
—
Deed Of Trust
related
$900,000 · 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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