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Property profile & analytics
FOR SALE
Office buildings
200 Washington St Petaluma, CA 94952
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2290524
For Sale
1 / 7
$3,300,000
200 Washington St, Petaluma, CA 94952
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
TILT-UP CONCRETE
Total area
5,892 SF
Lot
0.67 ac (29,000 SF)
APN
006-274-026-000
UPID
US09-2290524
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.68M
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$2.12M
Blend (final)
Blend
$2.10M
Owner & transaction history
Caron Schmierer · 4 yrs held
Caron Schmierer
since 2021
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.9M
+69.7%
Commercial (general)
$2.3M
+35.3%
Medical building
$2.2M
+28.9%
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
$2,620,000
ML approach
$2,680,000
CAP Approach
CAP Return
Estimation
6%
$1,480,000
6.5%
$1,365,000
7%
$1,270,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,680,000
Current use
RESTAURANT
$2,850,000
Change: +70% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,270,000
Change: +35% · Conversion: Easy
MEDICAL BUILDING
$2,165,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,860,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$1,725,000
Change: +3% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,645,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±10% · vs last sale $2.13M (Sep 29 2021)
Last sale anchor
$2.13M
Sep 29 2021
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
$356 / 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
$24,390
Tax year 2024
Assessed value
$2,255,066
Assessed 2024
Previous assessed
$2,255,066
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$875,496
Assessed improvement
$1,379,570
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
For Sale
Year built
1975
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
5,892 SF
Lot
0.67 ac (29,000 SF)
APN
006-274-026-000
UPID
US09-2290524
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
$1.7M
RESTAURANT
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (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
1975
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Caron Schmierer
Individual
Free & Clear · 4 yrs held
Mailing address
620 E WASHINGTON ST STE #100, PETALUMA, CA 94952-5911
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
—
Caron Schmierer
Caron Schmierer
Intrafamily Transfer
related
—
Sep 2, 2020
—
200 Washington Street LP
—
Deed
related
$1,190,000 · Val Chris Investments INC
Jul 16, 2020
$2,125,000
200 Washington Street LP
Kadami Ents LP
Grant Deed
—
May 17, 2019
—
Vives,g H Trust
Hill,gerald & Nadine B
Affidavit Of Death
related
—
May 16, 2019
$2,125,000
Kadami Ents LP
Jacobs Marilyn Trust
Grant Deed
—
May 18, 2018
—
Jacobs Marilyn Exempt Qtip Trust
Jacobs G & M R L/tr
Quit Claim Deed
related
—
Jun 14, 2017
—
Jacobs,gerson & Marilyn Trust
Jacobs,gerson
Affidavit Of Death
related
—
—
—
Gerson Trust
—
Deed Of Trust
related
$150,000 · Bank Of Marin
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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