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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Retail space
1620 Mendocino Ave, Santa Rosa, CA 95401-4345
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-1626425
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1971
Construction
WOOD
Total area
5,190 SF
Lot
0.44 ac (19,166 SF)
APN
180-460-019-000
UPID
US09-1626425
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
-
Royal Nails & Spa Nail Salon
-
Starstruck Nutrition Restaurant
-
Great Sunsations Tanning & Swimwear Boutique Tanning Salon
-
Fruity Moto Cafe Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$493k
Blend (final)
Blend
$555k
Owner & transaction history
Lomik Prop LLC
Lomik Prop LLC
since 2025
6 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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$107 / 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
$15,181
Tax year 2024
Assessed value
$1,310,011
Assessed 2024
Previous assessed
$1,310,011
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$340,000
Assessed improvement
$970,011
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
5,190 SF
Lot
0.44 ac (19,166 SF)
APN
180-460-019-000
UPID
US09-1626425
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
1971
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Lomik Prop LLC
Entity
Free & Clear · 0 yrs held
Mailing address
717 COLLEGE AVE FL #2, SANTA ROSA, CA 95404-4133
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Nov 17, 2025
$1,222,822
Lomik Prop LLC
Landsberg Family Trust
Grant Deed
—
Nov 17, 1998
$1,550,000
Willedy INC
1620 Mendocino
Grant Deed
—
Nov 10, 1998
$554,545
1620 Mendocimo Partners
Chenby,d R & Deanne
Grant Deed
—
Nov 4, 1996
$555,000
Cheney D R
Stanley Goldsmith Estate
Grant Deed
—
—
—
Cheney D R
—
Deed Of Trust
related
$750,000 · Sauer Family LP
—
—
1620 Mendicino Partners
—
Deed Of Trust
related
$750,000 · College Fund Guardian Inv Trus
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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