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7-11 Mark Dr 7,330 SF Vacant Industrial Building San Rafael, CA 94903 $2,400,000 ($327.42/SF) 5.76% Cap Rate
Executive Summary
7,330 sq. ft. super clean light industrial building in N San Rafael.
It is currently leased out as artist studios.
20 small artists tenants.
Concrete tilt up.
income and expenses provided for 2025-year end:
Gross Income = $191,176
Operating Expenses Including Real estate taxes based upon sale: $53,017.
Net Operating Income: $138,159
It is currently leased out as artist studios.
20 small artists tenants.
Concrete tilt up.
income and expenses provided for 2025-year end:
Gross Income = $191,176
Operating Expenses Including Real estate taxes based upon sale: $53,017.
Net Operating Income: $138,159
Property Facts
| Price | $2,400,000 | Lot Size | 0.37 AC |
| Price Per SF | $327.42 | Rentable Building Area | 7,330 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 5.76% | Year Built/Renovated | 1969/2005 |
| Property Type | Industrial | Parking Ratio | 1.51/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | A | No. Drive In / Grade-Level Doors | 4 |
| Zoning | LI/O, San Rafael | ||
| Price | $2,400,000 |
| Price Per SF | $327.42 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.76% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 0.37 AC |
| Rentable Building Area | 7,330 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2005 |
| Parking Ratio | 1.51/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | LI/O, San Rafael |
1 1
Fairly walkable
50/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 155-161-24 | Improvements Assessment | $1,336,926 |
| Land Assessment | $1,137,810 | Total Assessment | $2,474,736 |
Property Taxes
Parcel Number
155-161-24
Land Assessment
$1,137,810
Improvements Assessment
$1,336,926
Total Assessment
$2,474,736
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7-11 Mark Dr
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