Property profile

77 Mark Dr San Rafael, CA 94903

OFF-MARKET
Commercial real estate
Property ID
US09-1684328
20,288 SF 1.61 ac lot Built 1969
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Marin County office property, located at 77 Mark Drive, offers a variety of executive office suites within a three-building complex. Built in 1969, the property boasts a total of 19,275 square feet, with 2,803 square feet currently available. Suites range in size from a minimum of 512 square feet to a maximum contiguous space of 1,536 square feet, providing flexibility for businesses of various sizes. The property is zoned LI/O and features ample free parking, with a generous 4 spaces per 1000 square feet (76 spaces total). Building amenities include convenient kitchenettes and individual storage units in select suites, ensuring a comfortable and functional workspace. Each suite is equipped with a heating and air conditioning system (HVAC) for climate control. Tenants can choose between open floor plans or private offices to best suit their needs. All suites offer the added benefit of private patios, providing a pleasant outdoor space. This garden-style office complex presents a unique opportunity for businesses seeking high-quality, well-maintained office space in a desirable Marin County location. The property allows for multiple tenancies.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1969
Total area 20,288 SF
Lot 1.61 ac (70,011 SF)
APN 155-161-29
UPID US09-1684328

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Property Management Company
  • Accounting Firm Tax Preparation
  • Insurance Agency
  • Insurance Agency
  • Real Estate Agency

Location

77 Mark Dr San Rafael, CA 94903-2244
San Rafael metro Census 106001 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$3.14M

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2020
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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