New search
Property profile & analytics
FOR LEASE
Commercial real estate
75 Rowland Way, Novato, CA 94945
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3679712
For Lease
1 / 2
$2 SF/Yr
75 Rowland Way, Novato, CA 94945
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
81,887 SF
Lot
4.46 ac (194,438 SF)
APN
153-320-14
UPID
US09-3679712
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
-
MarinHealth Endocrine & Diabetes Care | A UCSF Health Clinic Medical Clinic
-
Loma Linda University College University
-
Adam Baumgarten, MD, FACC Physician
-
Ines Sherifi, MD, MSc Physician
-
MarinHealth Primary Care | A UCSF Health Clinic Social Service Agency Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$33.05M
CAP Approach
CAP
$25.51M
Comparable Approach
Comparable
$30.44M
Blend (final)
Blend
$33.05M
Owner & transaction history
Scp Mob 75 Rowland Way LLC · 1 yrs held
Scp Mob 75 Rowland Way LLC
since 2024
Last sale
$33.1M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$32.9M
+23.1%
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 Novato submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Novato 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
$33,050,000
ML approach
$33,050,000
CAP Approach
CAP Return
Estimation
6%
$27,635,000
6.5%
$25,510,000
7%
$23,690,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$26,755,000
Current use
INDUSTRIAL (GENERAL)
$32,920,000
Change: +23% · Conversion: Moderate
Blend value · Realmo final
$33.05M
Range $29.75M – $36.36M · ±10% · vs last sale $33.05M (Dec 13 2024)
Last sale anchor
$33.05M
Dec 13 2024
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
$404 / 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
$294,564
Tax year 2024
Assessed value
$22,445,818
Assessed 2024
Previous assessed
$22,445,818
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$5,320,509
Assessed improvement
$17,125,309
Applied tax rate
10.0000
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
For Lease
Heating
NONE
Total area
81,887 SF
Lot
4.46 ac (194,438 SF)
APN
153-320-14
UPID
US09-3679712
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
$26.8M
INDUSTRIAL (GENERAL)
Est. value
$32.9M
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
Heating
NONE
Lot
4.46 ac
Current owner
From public records · entity-resolved
Scp Mob 75 Rowland Way LLC
Entity
Mailing address
2029 CENTURY PARK E STE #2920, LOS ANGELES, CA 90067-3085
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
$33,050,000
Scp Mob 75 Rowland Way LLC
Hsre Pcms Rowland Plaza Mob LLC
Grant Deed
$19,830,000 · First Citizens Bank & Trust Co
Aug 22, 2018
$36,750,000
Hsre-pcms Rowland Plz Mob LLC
Bsp Rowland Plaza LLC
Grant Deed
$34,750 · Capital One NA
Jul 26, 2017
—
Bsp Rowland Plaza LLC
—
Deed
related
$21,900,000 · California Bk&tr
Jun 5, 2015
$24,900,000
Bsp Rowland Plaza LLC
Bpg-rock Rowland LLC
Grant Deed
$18,500,000 · California Bk&tr
Mar 29, 2012
—
Bpg-rock Rowland LLC
—
Deed Of Trust
related
$20,000,000 · Wells Fargo Bank
—
—
Bsp Rowland Plaza LLC
—
Loan Modification
related
$21,900,000 · California Bk&tr
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
