Financial
Distress signals
Property profile

74 Digital Dr 11 Novato, CA 94949

FOR SALE
Other commercial real estate
Property ID
US09-0172748
1,625 SF 0.04 ac lot Built 1991
Last sale Apr 2023 · $430,000
Trust Owned Owner of record is a trust. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A live-work creative office unit configured for flexible work and daily use. The interior features ceilings over 15 feet high, visible wood beams, abundant natural light, and an open-plan layout that can accommodate multiple workstations and collaborative space. In-unit amenities include a full kitchen, washer and dryer, plus a bedroom and a bathroom to support combined work and private living use. The unit includes a dedicated parking and/or storage area beneath the building totaling 500

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$439k
Assessed land$117k
Assessed improvement$321k
Effective rate1.43%

Value estimate

· Sep 2026
$465k
$419k – $512k
AI approach$455k
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$15k
Operating expenses−$11k
NOI · 9.69% cap applied$33k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$260/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$172 – $391
Qualifying comparables8

Cap rate analysis

How does the asset earn?
9.69%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMARIN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.4
Realty agency15.1
Skin Care Clinic12.3

Location

74 Digital Dr, Unit 11 Novato, CA 94949
County assessor Recorded deeds · 6 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5404 Nave, Novato, CA 94949-6457 $950,000 Dec 2025 1,269 SF
14 Commercial, Novato, CA 94949-6140 $229,000 Feb 2024 1,133 SF
5700 Nave, Novato, CA 94949-6210 $67,250,000 Aug 2021 880 SF
85 Galli, Novato, CA 94949-5716 $125,000 Apr 2021 810 SF
7 Pamaron, Novato, CA 94949-6200 $400,000 Feb 2020 2,056 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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