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Property profile & analytics
OFF-MARKET
Office buildings
125 2nd St Lakeport, CA 95453-4712
Entity Owned
5-yr Hold
Free & Clear
Property ID
US10-2997249
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1945
Construction
TILT-UP CONCRETE
Total area
928 SF
Lot
0.03 ac (1,306 SF)
APN
025-404-040-000
UPID
US10-2997249
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rondo 1031 LLC · 5 yrs held
Rondo 1031 LLC
since 2020
Last sale
$109,000
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 Lakeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeport 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,750
Tax year 2024
Assessed value
$394,044
Assessed 2024
Previous assessed
$394,044
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$75,521
Assessed improvement
$318,523
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1945
Construction
TILT-UP CONCRETE
Heating
NONE
Bathrooms
1
Total area
928 SF
Lot
0.03 ac (1,306 SF)
APN
025-404-040-000
UPID
US10-2997249
Jurisdiction
LAKE
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
1945
Construction
TILT-UP CONCRETE
Heating
NONE
Bathrooms
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Rondo 1031 LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 2207, CARLSBAD, CA 92018-2207
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2020
$109,000
Rondo 1031 LLC
Kamiya 1994 Family Trus
Grant Deed
—
Mar 26, 2018
—
Buckley,rachel 2018 Trust
Buckley,rachel
Quit Claim Deed
related
—
Oct 1, 2015
—
Hsia-castellano Trust
Hsia,thomas P
Quit Claim Deed
related
—
Jul 26, 2006
$300,000
Patrick D Buckley
Lewis Gordon P 1999 Trust
Grant Deed
—
Jan 4, 2000
—
Lewis Trust
Lewis,gordon P
Quit Claim Deed
related
—
May 28, 1993
$75,000
Gordon P Lewis
Goss,gary S & Chrystel M
Grant Deed
$50,000
—
—
Gordon P Lewis
—
Deed Of Trust
related
$30,000 · Individual
—
—
Gordon P Lewis
—
Deed Of Trust
related
$20,000 · Lonergan Trust
—
—
Lewis Trust
—
Deed Of Trust
related
$120,000 · Petro Trust
—
—
Gordon P Lewis
—
Deed Of Trust
related
$115,000 · Stuart Trust
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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