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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Retail space
102 Cloverdale Blvd Cloverdale, CA 95425-3710
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1861139
Property summary
AI-generated overview
The Silverwood Building, located at 102 S Cloverdale Boulevard in Cloverdale, CA, presents a compelling investment opportunity in Sonoma County's Wine Country. This completely restored retail property boasts a strong tenant base and is situated in Cloverdale's revitalized downtown area. The property comprises two separate legal parcels totaling 26,670 square feet, strategically positioned on Cloverdale Boulevard and East 1st Street, ensuring high visibility and accessibility. One parcel houses the 12,000 square foot Silverwood Building, featuring seven redesigned and rebranded retail units currently under long-term leases. The second parcel, intentionally left vacant, provides ample off-street parking for tenants and customers. The building's paseo-style layout enhances pedestrian flow and creates a welcoming atmosphere. Extensive renovations and capital improvements undertaken over the past five years minimize future maintenance needs, allowing for immediate cash flow generation. This 0.61-acre property offers a low-risk investment with a proven track record, making it ideal for investors seeking to enter the Wine Country market or expand their existing portfolio. The asking price is $3,050,000.
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1952
Construction
WOOD FRAME
Total area
12,254 SF
Lot
0.27 ac (11,850 SF)
APN
001-123-016-000
UPID
US09-1861139
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
$1.72M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Bendan LLC · 8 yrs held
Bendan LLC
since 2017
6 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 Cloverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cloverdale 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%
$1,865,000
6.5%
$1,720,000
7%
$1,600,000
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±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
$122 / 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
$19,818
Tax year 2024
Assessed value
$1,611,921
Assessed 2024
Previous assessed
$1,611,921
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$334,654
Assessed improvement
$1,277,267
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1952
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
12,254 SF
Lot
0.27 ac (11,850 SF)
APN
001-123-016-000
UPID
US09-1861139
Jurisdiction
SONOMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1952
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Bendan LLC
Entity
Mailing address
181 SAN CARLOS AVE, SAUSALITO, CA 94965-2056
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2017
$1,625,000
Bendan LLC
Messina Gutknecht 2016 Trust
Grant Deed
—
Apr 4, 2000
—
Gutknecht Trust
Gutknecht,harold J
Quit Claim Deed
related
—
—
—
Harold J Gutknecht
—
Deed Of Trust
related
$330,000 · Pacific Union Assoc Of Seventh
—
—
Harold J Gutknecht
—
Deed Of Trust
related
$65,000 · Sonoma Marin Financial
—
—
Harold Gutknecht
—
Deed Of Trust
related
$100,000 · Sullivan Jerry
—
—
Harold J Gutknecht
—
Deed Of Trust
related
$100,000 · Sonoma Marin Financial
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.
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