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Property profile & analytics
FOR LEASE
Industrial properties
1372 N Mcdowell Blvd Petaluma, CA 94954
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3185480
For Lease
1 / 2
$3,610,000
1372 N Mcdowell Blvd, Petaluma, CA 94954
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1986
Construction
WOOD
Total area
30,292 SF
Lot
2.75 ac (119,790 SF)
APN
137-011-014-000
UPID
US10-3185480
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
-
Michael Yang, MD Physician
-
Aikido of Petaluma Training Center Sports School
-
John Hau, MD Physician
-
North Coast Ballet California Association / Organization
-
Surya Manga Achyuta Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.61M
Owner & transaction history
Cornerstone Properties Sa LLC · 15 yrs held
Cornerstone Properties Sa LLC
since 2011
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$119 / 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
$21,931
Tax year 2024
Assessed value
$2,009,681
Assessed 2024
Previous assessed
$2,009,681
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$628,023
Assessed improvement
$1,381,658
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
For Lease
Year built
1986
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
30,292 SF
Lot
2.75 ac (119,790 SF)
APN
137-011-014-000
UPID
US10-3185480
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
1986
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
2.75 ac
Current owner
From public records · entity-resolved
Cornerstone Properties Sa LLC
Entity
Free & Clear · 15 yrs held
Mailing address
1435 N MCDOWELL BLVD STE #110, PETALUMA, CA 94954-6548
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Dec 22, 2023
—
Cornerstone Properties Sa LLC
—
Deed
related
$10,000,000 · Bank Of Marin
Sep 26, 2018
—
Cornerstone Properties Sa LLC
—
Grant Deed
related
$10,000,000 · Wells Fargo Bk
May 9, 2011
$4,800,000
Cornerstone Properties Sa LLC
Csfb 2002-cks4 Redwood Way LP
Grant Deed
—
Apr 2, 2010
—
Csfb 2002-cks4 Redwood Way LP
Ca-redwood Business Park II LP
Deed In Lieu Of Foreclosure
related
—
Oct 28, 2005
—
Ca-redwood Business Park II
Redwood Business Park II LLC
Quit Claim Deed
—
Dec 14, 1999
—
G Business
—
Deed Of Trust
related
$25,000,000 · Union Bank Of California Ttee
May 31, 1995
—
G&w/redwood Associates
—
Deed Of Trust
related
$3,870,000 · Usg Annuity & Life Co
—
—
G Two
—
Deed Of Trust
related
$4,440,000 · Massachusetts Mutual Life Ins
—
—
G Two
—
Deed Of Trust
related
$4,440,000 · Massachusetts Mutual Life Ins
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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