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Property profile & analytics
FOR LEASE
Warehouses
1264 Apollo Way Santa Rosa, CA 95407
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0156474
For Lease
1 / 12
$23,000,000
1264 Apollo Way, Santa Rosa, CA 95407
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Total area
95,238 SF
Lot
4.96 ac (216,058 SF)
APN
035-490-039-000
UPID
US09-0156474
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
-
Alhambra Water Delivery Service 4570 Big Box & Wholesale Store
-
Access Information Protected Paper Shredding Machine Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$23.00M
CAP Approach
CAP
$18.35M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.00M
Owner & transaction history
Dan Waldman · 2 yrs held
Dan Waldman
since 2024
Last sale
$23.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$35.0M
+71.9%
Auto repair, garage
$27.4M
+34.8%
Retail stores
$26.5M
+30.0%
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 Santa Rosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Rosa 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
$23,000,000
ML approach
$23,000,000
CAP Approach
CAP Return
Estimation
6%
$19,875,000
6.5%
$18,345,000
7%
$17,035,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$20,355,000
Current use
MEDICAL BUILDING
$34,990,000
Change: +72% · Conversion: Difficult
AUTO REPAIR, GARAGE
$27,445,000
Change: +35% · Conversion: Easy
RETAIL STORES
$26,460,000
Change: +30% · Conversion: Moderate
OFFICE BUILDING
$26,405,000
Change: +30% · Conversion: Difficult
RESTAURANT
$26,125,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$20,585,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$23.00M
Range $20.70M – $25.30M · ±10% · vs last sale $23.00M (Mar 4 2024)
Last sale anchor
$23.00M
Mar 4 2024
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
$242 / 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
$277,912
Tax year 2024
Assessed value
$23,929,200
Assessed 2024
Previous assessed
$23,929,200
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$4,681,800
Assessed improvement
$19,247,400
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1999
Heating
NONE
Cooling
NONE
Total area
95,238 SF
Lot
4.96 ac (216,058 SF)
APN
035-490-039-000
UPID
US09-0156474
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
WAREHOUSE, STORAGE Current
Est. value
$20.4M
MEDICAL BUILDING
Est. value
$35.0M
AUTO REPAIR, GARAGE
Est. value
$27.4M
RETAIL STORES
Est. value
$26.5M
OFFICE BUILDING
Est. value
$26.4M
RESTAURANT
Est. value
$26.1M
COMMERCIAL (GENERAL)
Est. value
$20.6M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
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
1999
Heating
NONE
Cooling
Yes
Lot
4.96 ac
Current owner
From public records · entity-resolved
Dan Waldman
Individual
Free & Clear · 2 yrs held
Mailing address
855 MARINA BAY PKWY STE #200, RICHMOND, CA 94804-6425
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2024
—
Dan Waldman
Michael Waldman
Intrafamily Transfer
related
—
Nov 16, 2021
$23,000,000
Dan Waldman
Santa Rosa Corporate Partners LLC
Grant Deed
$9,300,000 · First Republic Bank
Jun 30, 2006
$8,850,000
Santa Rosa Corporate Partners LLC
Anthony L Elshout
Grant Deed
$7,176,000 · Washington Mutual Bank
Jan 23, 2004
—
Anthony L Elshout
Elshout,anthony L & Sally M
Quit Claim Deed
related
—
Apr 30, 2003
—
Elshout,tr
Elshout,anthony L & Sally M
Quit Claim Deed
related
—
Dec 29, 1999
$6,400,000
Eishout,anthony L & Sally M
Cep Investors Vii
Trustees Deed
$4,160,000 · Bank Of Marin
Dec 29, 1999
—
Dukju Chang
Chang,hongsun
Quit Claim Deed
related
—
Dec 7, 1999
—
Cep Investors Viii LLC
—
Grant Deed
related
$6,600,000 · Exchange Bank
—
—
Elshout,tr
—
Deed Of Trust
related
$25,000 · Washington Mutual Fsb
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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