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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Commercial real estate
6700 Sir Francis Drake Blvd Forest Knolls, CA 94933-0859
Entity Owned
5-yr Hold
Free & Clear
Property ID
US09-2840602
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1942
Total area
3,357 SF
Lot
0.42 ac (18,400 SF)
APN
168-131-23
UPID
US09-2840602
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.05M
Owner & transaction history
6700 Sir Francis Drake LLC · 5 yrs held
6700 Sir Francis Drake LLC
since 2020
Last sale
$1.1M
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 Forest Knolls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Knolls 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
$975,000
ML approach
$1,010,000
CAP Approach
CAP Return
Estimation
6%
$1,135,000
6.5%
$1,045,000
7%
$970,000
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±10% · vs last sale $1.10M (Dec 15 2020)
Last sale anchor
$1.10M
Dec 15 2020
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
$311 / 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
$15,387
Tax year 2024
Assessed value
$1,227,050
Assessed 2024
Previous assessed
$1,227,050
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$669,300
Assessed improvement
$557,750
Applied tax rate
70.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1942
Heating
NONE
Units
1
Total area
3,357 SF
Lot
0.42 ac (18,400 SF)
APN
168-131-23
UPID
US09-2840602
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
1942
Heating
NONE
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
6700 Sir Francis Drake LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 195, FOREST KNOLLS, CA 94933-0195
Mailing matches property
Yes
Owner-occupied
Yes
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
Dec 15, 2020
—
6700 Sir Francis Drake LLC
Baum Living Trust 2018
Quit Claim Deed
related
—
Jan 7, 2020
—
6700 Sir Francis Drake LLC
James J Baum
Quit Claim Deed
—
Oct 25, 2018
—
Baum Living Trust
Baum,james J
Quit Claim Deed
related
—
Jun 26, 2018
$1,100,000
James J Baum
Lbb3 LLC
Grant Deed
$1,250,000 · Patterson E R L/tr (lt)
Feb 9, 2010
—
Lbb3 LLC
Lepori Rebecca J Trust
Grant Deed
—
Jan 14, 2010
—
Yerion Donald J & M A Trust
Yerion D J & M A Trust
Quit Claim Deed
related
—
Sep 7, 2005
—
Yerion Donald J & Myra A Trust
Yerion D J & M A Trust
Quit Claim Deed
related
—
Jul 5, 2005
—
Donald J Yerion
Yerion,myra A
Affidavit Of Death
related
—
Jul 19, 2000
—
Helberg Trust
Helberg,lloyd R & Carolyn
Quit Claim Deed
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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