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C2-15445-S-SR7-UNINC-PBC

Archived

— · Unincorporated Pbc · 2.5 ac · Commercial

— · Llc Small · source: Calibration Fixture

ARCHIVED — Below 71 Unit Missing Middle Gate
The win-win — read the three lines together
$0$742K$1.48M$2.22M$2.97M$3.71MOwner basis$1.40MCurrent-use value$2.20MMaxBasis₉ — most we can pay$3.71Mbasis spread 2.6× — life-changing offer, our floor intact

No viable land basis here — MaxBasis₉ doesn't clear the floor against this owner's basis, so there's no win-win offer to make. Below 71 Unit Missing Middle Gate.

MaxBasis₉
$3.71M
$59,811 / unit
Ex-land YOC
11.22%
trended
Basis spread
2.6×
MaxBasis ÷ basis
Rent / cap
1.00
≤1.0 ideal
Site · location & context
centroid · polygon pending
◆ Nearest qualifying transit2 mi · structured
▲ Tallest within 1 mile— · entitled 3 fl

Outside the qualifying-transit band — structured parking required, which the underwrite carries. The amber figure is the tallest entitled site within the ring it sits in.

Entitlement · 2026.06-hb1389
EligibilityCommercial Industrial Mixed Use
Units62
Binding constraintDensity
Density25 du/ac
Height3 fl (entitled 3)
ParkingStructured
71-unit gateFail
Underwrite (screening grade)
Blended 120% cap rent$3,251
Market rent est.$3,251
Effective rent$3,088
NOI (Yr 2)$1.54M
NOI (trended)$1.69M
Cost ex-land$15.04M
Abatement value / yr$0
Ownership story
Owner typeLlc Small
Tenure14 yr
AbsenteeNo
UnleveragedNo
ProbateNo
Conversion score0.07