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Property profile & analytics
FOR SALE
Strip malls
1513 Farmers Ln Santa Rosa, CA 95405
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-1771291
For Sale
1 / 32
$415,000
1513 Farmers Ln, Santa Rosa, CA 95405
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1979
Construction
WOOD
Total area
8,700 SF
Lot
11.48 ac (500,068 SF)
Zoning code
C2PD
APN
014-561-005-000
UPID
US09-1771291
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
-
Hardisty's Homewares (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.09M
Owner & transaction history
Olivers Plaza LLC
Olivers Plaza LLC
since 2026
6 recorded transactions
Zoning & alternative use
C2PD · Santa Rosa, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.6M
+529.7%
Commercial (general)
$1.5M
+488.5%
Industrial (general)
$1.1M
+351.0%
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
by Request
ML approach
$1,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,600,000
Change: +530% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,495,000
Change: +489% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,145,000
Change: +351% · Conversion: Difficult
RESTAURANT
$1,140,000
Change: +349% · Conversion: Difficult
MEDICAL BUILDING
$965,000
Change: +279% · Conversion: Difficult
AUTO REPAIR, GARAGE
$880,000
Change: +246% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$820,000
Change: +222% · Conversion: Difficult
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±10%
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
$125 / 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
$158,627
Tax year 2024
Assessed value
$13,306,924
Assessed 2024
Previous assessed
$13,306,924
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$4,696,407
Assessed improvement
$8,610,517
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
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
1979
Construction
WOOD
Heating
NONE
Cooling
NONE
Total area
8,700 SF
Lot
11.48 ac (500,068 SF)
Zoning code
C2PD
APN
014-561-005-000
UPID
US09-1771291
Jurisdiction
SONOMA
Zoning & alternative use
C2PD · Santa Rosa, CA
Zoning C2PD · permitted uses
C2PD · Santa Rosa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Rosa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$965,000
AUTO REPAIR, GARAGE
Est. value
$880,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$820,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1979
Construction
WOOD
Heating
NONE
Cooling
Yes
Lot
11.48 ac
Current owner
From public records · entity-resolved
Olivers Plaza LLC
Entity
Mailing address
1525 FARMERS LNB, SANTA ROSA, CA 95405-7525
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2026
$25,000,000
Olivers Plaza LLC
Joseph Murphy Corporation
Grant Deed
$18,750,000
Jun 6, 2025
—
Joseph Murphy Corporation
—
Deed
related
$1,000,000 · Exchange Bank
May 3, 2019
—
Joseph Murphy Corp
—
Deed
related
—
Dec 29, 1995
—
Joseph Murphy Corp
Century Properties Fund Xv
Grant Deed
$6,000,000 · Wells Fargo Bank
—
—
Joseph Murphy Corp
—
Loan Modification
related
—
—
—
Joseph Murphy Corp
—
Deed Of Trust
related
$3,000,000 · Bank Of The West
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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