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Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Commercial real estate
749 Tamalpais Dr, Corte Madera, CA 94925
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2213883
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1945
Construction
WOOD FRAME
Total area
5,564 SF
Lot
0.57 ac (25,000 SF)
APN
025-071-04
UPID
US09-2213883
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
by Request
CAP Approach
CAP
$1.74M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.51M
Owner & transaction history
Marin Hotels LLC · 13 yrs held
Marin Hotels LLC
since 2012
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,880,000
6.5%
$1,735,000
7%
$1,610,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,120,000
Current use
INDUSTRIAL (GENERAL)
$1,715,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$1.51M
Range $1.36M – $1.66M · ±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
$271 / 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
$48,268
Tax year 2024
Assessed value
$3,680,579
Assessed 2024
Previous assessed
$3,680,579
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,430,579
Assessed improvement
$2,250,000
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
1945
Construction
WOOD FRAME
Heating
NONE
Units
1
Total area
5,564 SF
Lot
0.57 ac (25,000 SF)
APN
025-071-04
UPID
US09-2213883
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (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
1945
Construction
WOOD FRAME
Heating
NONE
Units
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Marin Hotels LLC
Entity
Mailing address
140 RIVIERA DR, SAN RAFAEL, CA 94901-1526
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2024
—
Marin Hotels LLC
—
Deed
related
$4,250,000 · State Bank Of Texas
Oct 15, 2021
—
Marin Hotels LLC
—
Deed
related
$4,250,000 · State Bank Of Texas
Nov 21, 2019
—
Marin Hotels LLC
—
Deed
related
$760,000 · Reinstadler D J & M Tru (rt)
Jul 19, 2012
$1,600,000
Marin Hotels LLC
Shree Jalaramapa Motel LP
Grant Deed
$1,200,000 · United Labor Bank
Jul 14, 2011
—
Shree Jalarambapa Motel LP
Thakor,balwantsinh D & Lataben B
Grant Deed
—
Nov 2, 1999
$171,500
Balwantsinh D Thakor
Mahida,indrasinh C & Rakshaben K
Quit Claim Deed
related
—
Oct 21, 1993
$625,000
Balwantsinh D Thakor
Larson,ewald C
Grant Deed
$475,000 · Seller
—
—
Balwantsinh D Thakor
—
Deed Of Trust
related
$125,000 · Roza Real Estate Loans INC
—
—
Balwantsinh D Thakor
—
Deed Of Trust
related
$1,600,000 · Coast Commercial Bank
—
—
Balwantsinh D Thakor
—
Deed Of Trust
related
$30,000 · Individual
—
—
Balwantsinh D Thakor
—
Deed Of Trust
related
$250,000 · Kanwar Satyinder S & D Trust
—
—
Balwantsinh D Thakor
—
Deed Of Trust
related
$300,000 · Roza Real Estate Loans INC
—
—
Balwantsinh D Thakor
—
Deed Of Trust
related
$500,000 · Roza Real Estate Loans INC
—
—
Ralwantsinh D Thakor
—
Deed Of Trust
related
$500,000 · Roza Real Estate Loans INC
—
—
Balwantsinh D Thakor
—
Deed Of Trust
related
$840,000 · Mission National Bank
—
—
Marin Hotels LLC
—
Deed Of Trust
related
$760,000 · Reinstadler D J & M Tru (rt)
—
—
Balwantsinh D Thakor
—
Deed Of Trust
related
$1,500,000 · Coast Commercial Bank
—
—
Balwantsinh D Thakor
—
Deed Of Trust
related
$500,000 · Leahy Family Trust
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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