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Property profile & analytics
OFF-MARKET
Estimated value
$5,975,000
Retail properties & Spaces
109 Kentucky St Petaluma, CA 94952-2303
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1509950
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE (MULTI-STORY)
Year built
1941
Construction
TILT-UP CONCRETE
Total area
17,052 SF
Lot
0.43 ac (18,730 SF)
APN
006-363-020-000
UPID
US09-1509950
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
Current use
Occupant on record · Public records
-
Amy's Kitchen Inc Corporate Office
-
Instant Interiors Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.98M
Owner & transaction history
109 Kentucky LLC · 4 yrs held
109 Kentucky LLC
since 2021
Last sale
$5.3M
7 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 Petaluma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Petaluma 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
$6,540,000
ML approach
$6,765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.98M
Range $5.38M – $6.57M · ±10% · vs last sale $5.30M (Dec 16 2021)
Last sale anchor
$5.30M
Dec 16 2021
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
$350 / 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
$59,294
Tax year 2024
Assessed value
$5,514,120
Assessed 2024
Previous assessed
$5,514,120
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$4,473,720
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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 properties & Spaces
Use group
DEPARTMENT STORE (MULTI-STORY)
Status
Off-Market
Year built
1941
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
17,052 SF
Lot
0.43 ac (18,730 SF)
APN
006-363-020-000
UPID
US09-1509950
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
1941
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
109 Kentucky LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1650 CORPORATE CIR STE #200, PETALUMA, CA 94954-6970
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2022
—
109 Kentucky LLC
—
Deed
related
$7,275,000 · Heritage Bank Of Commerce
Dec 16, 2021
$5,300,000
109 Kentucky LLC
Bnn LLC
Grant Deed
—
Mar 6, 2018
$2,720,000
Bnn LLC
Thomas Mark A & Terese R Trpt
Grant Deed
—
Feb 13, 2008
$710,000
Thomas Mark A & Terese R Trust
Thomas Trust
Grant Deed
related
$710,000 · Thomas Trust
Dec 10, 2007
—
Michael Thomas
Thomas,barbara
Quit Claim Deed
related
—
Dec 10, 2007
$710,000
Thomas Mark A & Terese R Trust
Thomas,michael
Grant Deed
related
$710,000 · Michael Thomas
Feb 14, 2007
—
Thomas Mark A & Terese R Trust
Thomas,mark & Terese R
Quit Claim Deed
related
—
—
—
Mark A Thomas
—
Deed Of Trust
related
$446,000 · Exchange Bank
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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