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Property profile & analytics
FOR SALE
Apartment buildings
811 Brown St Martinez, CA 94553
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2021441
For Sale
1 / 26
$3,875,000
811 Brown St, Martinez, CA 94553
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Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Total area
11,468 SF
Lot
0.34 ac (15,000 SF)
Zoning code
R2.5
APN
372-261-006-4
UPID
US09-2021441
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
$3.73M
CAP Approach
CAP
$2.81M
Comparable Approach
Comparable
$3.82M
Blend (final)
Blend
$3.61M
Owner & transaction history
Woods And Frame LLC · 4 yrs held
Woods And Frame LLC
since 2021
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
R2.5 · Martinez, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.0M
+72.4%
Medical building
$4.2M
+43.2%
Commercial (general)
$4.0M
+37.2%
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 Martinez submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Martinez 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
$3,315,000
ML approach
$3,730,000
CAP Approach
CAP Return
Estimation
6%
$3,040,000
6.5%
$2,805,000
7%
$2,605,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,910,000
Current use
RESTAURANT
$5,015,000
Change: +72% · Conversion: Difficult
MEDICAL BUILDING
$4,165,000
Change: +43% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,990,000
Change: +37% · Conversion: Moderate
OFFICE BUILDING
$3,940,000
Change: +36% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,040,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$3.61M
Range $3.24M – $3.97M · ±10% · vs last sale $3.59M (Aug 27 2021)
Last sale anchor
$3.59M
Aug 27 2021
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
$314 / 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
$50,394
Tax year 2024
Assessed value
$3,721,103
Assessed 2024
Previous assessed
$3,721,103
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,248,480
Assessed improvement
$2,472,623
Applied tax rate
5.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1964
Heating
NONE
Stories
1
Units
12
Rooms
12
Total area
11,468 SF
Lot
0.34 ac (15,000 SF)
Zoning code
R2.5
APN
372-261-006-4
UPID
US09-2021441
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
R2.5 · Martinez, CA
Zoning R2.5 · permitted uses
R2.5 · Martinez, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Martinez. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.9M
RESTAURANT
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1964
Heating
NONE
Stories
1
Units
12
Rooms
12
Lot
0.34 ac
Current owner
From public records · entity-resolved
Woods And Frame LLC
Entity
Mailing address
2755 HIGHLANDS MDWS CT, DUBLIN, CA 94568-7790
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2021
$3,585,000
Woods And Frame LLC
W Donald Gieseke
Grant Deed
$2,485,000 · Pacific Premier Bank
Jun 15, 2018
$3,536,500
Dog Blue Properties LLC
De Vaney K & De Vanney L
Grant Deed
—
May 2, 2018
—
Lynn M De Vaney
—
Deed
related
$130,000 · Lori A S Gambin
Aug 10, 2012
—
De Vaney K D & L M Living Trust
De Vaney,kenyon D & Lynn M
Quit Claim Deed
related
—
Apr 27, 2012
—
Kenyon D De Vaney
De Vaney K D & L M Trust
Quit Claim Deed
related
—
Aug 25, 1989
$725,000
Kenyon Devaney
Lawyers Asset Ma
Grant Deed
$500,000 · Western Federal Savings & Loan
Dec 14, 1979
—
Owner Name Unavailable
—
Grant Deed
related
$330,000
—
—
Devaney K.
—
Deed Of Trust
related
$100,000 · Individual
—
—
Devaney Trust
—
Deed Of Trust
related
$110,000 · Falls Trust
—
—
Lynn M De Vaney
—
Deed Of Trust
related
$130,000 · Lori A S Gambin
—
—
De Vaney,tr
—
Deed Of Trust
related
$690,000 · Davilyn Investment Corp
—
—
Kenyon Deva
—
Deed Of Trust
related
$102,000 · Individual
—
—
De Vaney Trust
—
Deed Of Trust
related
$882,500 · World Savings Bank
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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