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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Banks
201 3rd St, Santa Rosa, CA 95401-6272
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1756734
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2006
Construction
WOOD
Total area
6,110 SF
Lot
0.18 ac (7,874 SF)
APN
010-072-017-000
UPID
US09-1756734
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
-
Mechanics Bank - Santa Rosa Branch Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$632k
Blend (final)
Blend
$525k
Owner & transaction history
David J Bowie · 10 yrs held
David J Bowie
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$630,000
+70.5%
Auto repair, garage
$625,000
+68.8%
Restaurant
$625,000
+68.6%
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
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$370,000
Current use
MEDICAL BUILDING
$630,000
Change: +71% · Conversion: Difficult
AUTO REPAIR, GARAGE
$625,000
Change: +69% · Conversion: Difficult
RESTAURANT
$625,000
Change: +69% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$620,000
Change: +68% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$580,000
Change: +57% · Conversion: Difficult
OFFICE BUILDING
$555,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$86 / 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
$32,796
Tax year 2024
Assessed value
$2,633,420
Assessed 2024
Previous assessed
$2,633,420
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$660,427
Assessed improvement
$1,972,993
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Stories
1
Rooms
5
Bathrooms
1
Total area
6,110 SF
Lot
0.18 ac (7,874 SF)
APN
010-072-017-000
UPID
US09-1756734
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
FINANCIAL BUILDING Current
Est. value
$370,000
MEDICAL BUILDING
Est. value
$630,000
AUTO REPAIR, GARAGE
Est. value
$625,000
RESTAURANT
Est. value
$625,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$620,000
INDUSTRIAL (GENERAL)
Est. value
$580,000
OFFICE BUILDING
Est. value
$555,000
FINANCIAL BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
2006
Construction
WOOD
Heating
NONE
Stories
1
Rooms
5
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
David J Bowie
Individual
Mailing address
25 AUGUSTA CT, ALAMO, CA 94507-2301
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Jun 23, 2016
—
David J Bowie
Bowie,joanne W
Quit Claim Deed
related
—
Jun 14, 2016
$2,269,500
Mlejnek Family Trust
Third & Davis LLC
Grant Deed
—
Mar 15, 2005
—
Third & Davis LLC
Carle,willard A III & Nancy
Grant Deed
$500,000 · National Bank The Redwoods
Dec 30, 2004
$250,000
Willard A Carle
Third & Davis LLC
Grant Deed
related
—
Jun 29, 2004
—
North Bay Title Co
Third & Davis LLC
Grant Deed
related
—
Apr 2, 2003
—
Third & Davis LLC
Third & Davis LLC
Quit Claim Deed
related
$410,850 · Burbank Financial
Apr 24, 2002
$747,000
Third & Davis LLC
Galeazzi Trust
Grant Deed
$568,250 · Galeazzi Trust
Nov 23, 1999
—
Galeazzi Trust
Galeazzi,eileen
Quit Claim Deed
related
—
—
—
Third & Davis LLC
—
Deed Of Trust
related
$230,750 · Luther Burbank Savings & Loan
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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