Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,120,000
Office buildings
1422 Technology Ln Petaluma, CA 94954-6915
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4955241
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2019
Construction
TILT-UP CONCRETE
Total area
22,724 SF
Lot
3.12 ac (135,907 SF)
APN
005-040-055-000
UPID
US09-4955241
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
-
Cagwin & Dorward Landscaping General Contractor
-
Cagwin & Dorward Landscape Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.40M
Blend (final)
Blend
$10.12M
Owner & transaction history
Simon Levi Company Ltd · 3 yrs held
Simon Levi Company Ltd
since 2023
Last sale
$9.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$15.7M
+16.9%
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
$10,700,000
ML approach
$10,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$13,450,000
Current use
APARTMENT HOUSE (5+ UNITS)
$15,725,000
Change: +17% · Conversion: Easy
RESTAURANT
$10,985,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$10.12M
Range $9.11M – $11.13M · ±10% · vs last sale $9.60M (Jan 20 2023)
Last sale anchor
$9.60M
Jan 20 2023
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
$445 / 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
$108,288
Tax year 2024
Assessed value
$9,792,000
Assessed 2024
Previous assessed
$9,792,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,937,600
Assessed improvement
$6,854,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2019
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
22,724 SF
Lot
3.12 ac (135,907 SF)
APN
005-040-055-000
UPID
US09-4955241
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
OFFICE BUILDING Current
Est. value
$13.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.7M
RESTAURANT
Est. value
$11.0M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
2019
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.12 ac
Current owner
From public records · entity-resolved
Simon Levi Company Ltd
Entity
Free & Clear · 3 yrs held
Mailing address
3510 UNOCAL PL STE #212, SANTA ROSA, CA 95403-0918
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2023
$9,600,000
Simon Levi Company Ltd
C&d Re Owner LLC
Grant Deed
—
Nov 8, 2021
$10,000,000
Cagwin & Dorward LLC
C&d Re Owner LLC
Lease
—
Mar 12, 2020
—
Cagwin & Dorward
Cagwin & Dorward INC
Quit Claim Deed
related
—
Nov 27, 2019
—
Cagwin & Dorward
—
Grant Deed
related
$5,450,000 · Westamerica Bk
Oct 1, 2018
—
Cagwin & Dorward INC
—
Trustees Deed
related
$5,679,000 · Westamerica Bk
Sep 22, 2017
$1,699,000
Cagwin & Dorward INC
Eagle Lakeville Partners LP
Grant Deed
$1,105,000 · Westamerica Bank
—
—
Cagwin & Dorward
—
Deed Of Trust
related
$5,679,000 · Westamerica Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1422 Technology Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
