Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2300 Grv St Sonoma, CA 95476-6034
    Back to Search
    Property profile & analytics

    2300 Grv St, Sonoma, CA 95476-6034

    View on Map
    • Motels
    • 10.53 lot acres
    Off-Market
    Last Sale May 2, 2023
    Property ID
    US09-2481120
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 2300 Grv St

    Lot size
    10.53 lot acres
    Property type
    Motels
    APN
    133-030-019-000
    APU
    133030019000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 2, 2023 — Julia Westerbeke Julia Westerbeke Intrafamily Transfer · related —
    Apr 12, 2018 — Westerbeke Family Living Trust Westerbeke Fam 2004 L/tr Quit Claim Deed · related —
    Mar 24, 2017 — Westerbeke Family Living Trust Westerbeke S P Trust Quit Claim Deed · related —
    Aug 18, 2014 — Westerbeke,richard V Trust Westerbeke,richard V Quit Claim Deed · related —
    May 25, 2012 — Westerbeke D G & P A Trust Westerbeke D G & P A Trust Quit Claim Deed · related $250k · Exchange Bank
    Nov 15, 2011 — Westerbeke Richard V Trust Westerbeke,richard Quit Claim Deed · related —
    Dec 22, 2010 — Westerbeke Family 2004 Trust Westerbeke,patty Quit Claim Deed —
    Mar 30, 2009 — Wendy Westerbeke Westerbeke,patty Quit Claim Deed · related —
    Dec 26, 2008 — Patricia A Westerbeke Patricia A Westerbeke Intrafamily Transfer · related $210k · Sonoma Valley Bank
    Jun 12, 2008 — Westerbeke 2004 Family Trust Westerbeke,david R & Aileen M Quit Claim Deed · related —
    Dec 6, 2007 — David Westerbeke Westerbeke,patricia Quit Claim Deed · related —
    Jun 19, 2007 — Westerbeke Susan P Trust Westerbeke,susan Quit Claim Deed · related —
    Mar 8, 2006 — Wendy Westerbeke Westerbeke,patricia Quit Claim Deed · related —
    Dec 19, 2005 — Westerbeke Wendell 2005 Trust Westerbeke,wendy Quit Claim Deed · related —
    Dec 5, 2005 — Richard Westerbeke Westerbeke,patricia Quit Claim Deed · related —
    Sep 15, 2005 — Westerbeke W A 2005 Trust Westerbeke,wendell A Quit Claim Deed · related —
    Dec 29, 2004 — Wendy Westerbeke Westerbeke,patricia Quit Claim Deed · related —
    Mar 9, 2004 — David Westerbeke Westerbeke,patricia Quit Claim Deed · related —
    Aug 5, 2003 — Patricia Westerbelee Westerbelee,adriana Quit Claim Deed · related —
    May 28, 2003 — Patricia Westerbeke Westerbeke,christina Quit Claim Deed · related —
    Mar 17, 2003 — Susan Westerbeke Westerbeke,patty A Quit Claim Deed · related —
    Jan 14, 2003 — Julio Westerlake Westerlake,patricia Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sonoma
    County
    Sonoma
    State
    California
    Longitude
    -122.52
    Latitude
    38.2931
    CBSA code
    42220
    CBSA name
    SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,021
    $101,562
    $397,282
    $498,844
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $595,000
      1,341 SF

      158 Napa St

      MOTEL
      158 Napa St, Sonoma, CA 95476-6625
      View Details
    • Value Estimation
      $870,000
      904 SF

      23002 Arnold Dr

      MOTEL
      23002 Arnold Dr, Sonoma, CA 95476-9208
      View Details
    • Value Estimation
      $2,030,000
      3,440 SF

      19455 Hwy 12

      MOTEL
      19455 Hwy 12, Sonoma, CA 95476-6416
      View Details
    • Value Estimation
      $1,260,000
      1,920 SF

      171 Spain St

      MOTEL
      171 Spain St, Sonoma, CA 95476-5638
      View Details
    • Value Estimation
      $545,000
      3,800 SF

      18495 Hwy 12

      MOTEL
      18495 Hwy 12, Sonoma, CA 95476-4392
      View Details
    • Value Estimation by Request
      1,672 SF

      18812 Hwy 12

      MOTEL
      18812 Hwy 12, Sonoma, CA 95476-4460
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Sonoma Restaurant & Events Venue

      Charming restaurant and events venue in Sonoma, California.
      241 1St St West Sonoma CA USA, Sonoma, CA 95476
      View Details
    • Contact for pricing

      Sonoma Boutique Hotels For Sale

      Two boutique hotels in Sonoma, California, available individually or together.
      310 1St St E, Sonoma, CA 95476
      View Details
    • $2,200,000
      3,376 SF

      Sonoma Mixed-Use Investment Opportunity

      Mixed-use property with bed and breakfast and retail space.
      681 Broadway, Sonoma, CA 95476
      View Details
    • $350,000

      Sonoma Vacant Land Parcel

      Vacant 0.18 acre parcel near Sonoma Plaza.
      371 W Napa St, Sonoma, CA 95476
      View Details
    • $4,000,000
      0.39 Acres

      Sonoma Office Building: Prime Location

      Iconic Sonoma Plaza, 11,000+ sq ft office.
      19080 Lomita Ave, Sonoma, CA 95476
      View Details
    • $5,300,000
      12,794 SF

      Historic Winery and Tasting Room

      Established winery with tasting room, vineyard, and expansion potential.
      18701 Gehricke Rd, Sonoma, CA 95476
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near Sonoma Plaza

      Retail space with high visibility near Sonoma's historic plaza.
      452 1St St East, Sonoma, CA 95476
      View Details
    • Contact for pricing
      12,997 SF

      Sonoma Office Space For Rent

      Demised office space within walking distance to Sonoma Plaza.
      579 1St St, Sonoma, CA 95476
      View Details
    • $24 SF/Yr
      1,696 SF

      Sonoma Hwy Executive Office Suite

      Prime Sonoma location, 1696 sq ft office.
      17977 Sonoma Hwy, Sonoma, CA 95476
      View Details
    • Contact for pricing

      Sonoma Highway Executive Office Suite

      Premium second-floor office suite in Sonoma's thriving commercial district.
      18506 Highway 12, Sonoma, CA 95476
      View Details
    • Contact for pricing

      Industrial Land with Storage Yard

      7.17 acres with 3.23 acres of divisible storage.
      24200 Arnold Dr, Sonoma, CA 95476
      View Details
    • $31 SF/Yr
      11,032 SF

      Sonoma Office Building For Sale

      Prime Sonoma location, versatile office space
      19080 Lomita Ave, Sonoma, CA 95476
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2300 Grv St
    Sonoma, CA 95476-6034
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2300 Grv St, Sonoma, CA, 95476
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!