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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Industrial properties
1229 Grv St 3 Healdsburg, CA 95448-4775
Trust Owned
Free & Clear
Property ID
US09-5263173
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2009
Construction
WOOD
Total area
1,500 SF
APN
089-280-003-000
UPID
US09-5263173
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
-
Noexcuses Healdsburg - Group and Personal Training Gym & Fitness Center
-
Dirt Road Studio Recording Studio
-
candida von braun Artist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$625k
CAP Approach
CAP
$340k
Comparable Approach
Comparable
$722k
Blend (final)
Blend
$525k
Owner & transaction history
The Liguori Family Trust
The Liguori Family Trust
since 2025
Last sale
$509,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$580,000
+19.1%
Medical building
$550,000
+13.5%
Retail stores
$505,000
+3.7%
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 Healdsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Healdsburg 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
$610,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
$370,000
6.5%
$340,000
7%
$315,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$485,000
Current use
COMMERCIAL (GENERAL)
$580,000
Change: +19% · Conversion: Difficult
MEDICAL BUILDING
$550,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$505,000
Change: +4% · Conversion: Moderate
OFFICE BUILDING
$495,000
Change: +2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$475,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $509k (Apr 23 2020)
Last sale anchor
$509k
Apr 23 2020
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
$6,390
Tax year 2024
Assessed value
$545,749
Assessed 2024
Previous assessed
$545,749
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$139,386
Assessed improvement
$406,363
Applied tax rate
2.0000
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
2009
Construction
WOOD
Heating
NONE
Total area
1,500 SF
APN
089-280-003-000
UPID
US09-5263173
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$485,000
COMMERCIAL (GENERAL)
Est. value
$580,000
MEDICAL BUILDING
Est. value
$550,000
RETAIL STORES
Est. value
$505,000
OFFICE BUILDING
Est. value
$495,000
AUTO REPAIR, GARAGE
Est. value
$475,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
WOOD
Heating
NONE
Current owner
From public records · entity-resolved
The Liguori Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
1229 GRV ST UNIT #3, HEALDSBURG, CA 95448-4775
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
$652,500
The Liguori Family Trust
The Candida Von Braun Living Trust
Grant Deed
—
Apr 23, 2020
$509,000
Von Braun,candida Living Trust
Studio Three LLC
Grant Deed
—
Aug 11, 2016
$375,000
Studio Three LLC
Kinne,john & Sharon
Grant Deed
—
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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