Financial
Distress signals
Property profile

852 Reichert Ave Novato, CA 94945

OFF-MARKET
Other commercial real estate
Property ID
US09-0707558
1,326 SF 0.16 ac lot Built 1947
Last sale Nov 2025 · $769,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located in downtown Novato, this commercial property includes a 1,306-square-foot building on a 0.16-acre lot. The facility has historically been used as a dental office and includes an approximately 300-square-foot, unpermitted ADU space that is configured for supplemental office and/or storage use and may allow for rental usage depending on approvals. The property provides on-site parking and has frontage in a walkable downtown area with access to shops, restaurants, and Highway 101. The

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$624k
Assessed land$437k
Assessed improvement$187k
Effective rate1.53%

Value estimate

· Sep 2026
$575k
$518k – $633k
AI approach$600k
CAP approach$415k
Sales comparison$687k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$327/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$169 – $518
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMARIN

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.9
Catering Service8.9
Optical Shop8.2

Location

852 Reichert Ave Novato, CA 94945-4124
County assessor Recorded deeds · 14 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
703 Grant, Novato, CA 94945-3215 $955,500 Jul 2024 3,150 SF
7455 Redwood, Novato, CA 94945-2456 $20,000 Feb 2024 1,176 SF
7533 Redwood, Novato, CA 94945-2433 $410,000 Jan 2024 1,333 SF
7000 Redwood, Novato, CA 94945-4113 $1,500,000 Jul 2023 2,920 SF
1205 Grant, Novato, CA 94945-3115 $1,040,000 Jul 2023 2,588 SF
1585 Grant, Novato, CA 94945 $2,300,000 Nov 2022 1,633 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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