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Property profile & analytics
FOR LEASE
Manufacturing properties
837 Arnold Dr Martinez, CA 94553
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1768579
For Lease
$4,650,000
837 Arnold Dr, Martinez, CA 94553
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1984
Construction
CONCRETE
Total area
35,148 SF
Lot
1.84 ac (80,150 SF)
APN
377-160-004-0
UPID
US09-1768579
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.65M
Owner & transaction history
815-847 Arnold Drive LLC · 6 yrs held
815-847 Arnold Drive LLC
since 2019
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,230,000
Current use
Blend value · Realmo final
$4.65M
Range $4.19M – $5.12M · ±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
$132 / 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
$140,489
Tax year 2024
Assessed value
$6,390,321
Assessed 2024
Previous assessed
$6,390,321
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$2,128,319
Assessed improvement
$4,262,002
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1984
Construction
CONCRETE
Heating
NONE
Buildings
4
Stories
1
Total area
35,148 SF
Lot
1.84 ac (80,150 SF)
APN
377-160-004-0
UPID
US09-1768579
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, 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
INDUSTRIAL (GENERAL) Current
Est. value
$6.2M
INDUSTRIAL (GENERAL) Current
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
1984
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
4
Lot
1.84 ac
Current owner
From public records · entity-resolved
815-847 Arnold Drive LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1624 FRANKLIN ST STE #615, OAKLAND, CA 94612-2823
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2019
—
815-847 Arnold Drive LLC
Balco Properties Ltd LLC
Quit Claim Deed
—
Nov 7, 2012
—
Balco Properties Ltd LLC
—
Deed Of Trust
related
$30,000,000 · Wells Fargo Bank
Jul 9, 2003
—
Balco Properties Ltd LLC
—
Deed Of Trust
related
$14,100,000 · Wells Fargo Bank
Apr 13, 2001
—
Balco Properties Ltd
Balco Holdings INC
Quit Claim Deed
related
—
Mar 15, 2001
—
Balco Properties Ltd
Balco Holdings INC
Quit Claim Deed
related
—
Dec 23, 1999
$2,600,000
Bay Alarm Co
H & B Properties INC
Grant Deed
—
Apr 9, 1993
—
H&b Properties Corp
Berger Benson &
Grant Deed
related
—
Dec 27, 1991
$1,854,000
Berger Benson
Ba Properties I
Grant Deed
$804,000 · Bank Of America
Jun 18, 1991
—
Properties I Ba
Continental Auxi
Trustees Deed
related
—
—
—
Balco Properties Ltd LLC
—
Deed Of Trust
related
$100,000 · Mechanics Bank
—
—
H & B Properties INC
—
Deed Of Trust
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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