761 Sir Francis Drake BlvdSan Anselmo, CA 94960

  • Commercial real estate
  • 3,000 SF
For Sale
$2,800,000 View listing

Property Details for 761 Sir Francis Drake Blvd

Lot size
0.15 AC
Property size (Sq ft)
3,000 SF
Property type
Commercial real estate
APN
006-083-02
APU
608302

Description

This exceptional mixed-use property in San Anselmo, Marin County, CA, presents a rare investment opportunity. The 3,000 square foot building, constructed in 1977, sits on a 0.15-acre lot and boasts 100% occupancy with five diverse service-based tenants. The property features a two-story design, including a lower-level garage providing five covered parking spaces, plus seven additional uncovered spaces for a total of twelve. The permitted zoning is Limited Commercial, offering flexibility for future use. Located at 761 Sir Francis Drake Blvd, 94960, this fee simple ownership (land and building) offers a stable income stream due to its fully leased status. The property benefits from high visibility and accessibility along a major thoroughfare, attracting both local and regional traffic. Situated in a high-growth community with affluent demographics and an average household income exceeding $220,000, this investment provides access to a substantial customer base. The property's location is just 20 miles north of San Francisco, combining suburban charm with proximity to the Bay Area's economic center. The asking price is $2,800,000, and the APN is 006-083-02. This is a truly unique opportunity to acquire a well-maintained, income-producing asset in one of the nation's most desirable markets.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $942,076
    Hospitality
    $862,936
    Educational
    $717,953
    Medical
    $742,644
    Retail
    $1,116,816

Location Insight

City
San Anselmo
County
Marin
State
California
Latitude
37.9784
Longitude
-122.564
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,923
$453,664
$847,205
$1,300,869
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