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Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Apartment buildings
240 Burt St Santa Rosa, CA 95407-6223
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0150256
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1987
Construction
WOOD
Total area
5,590 SF
Lot
6.04 ac (263,102 SF)
APN
044-091-048-000
UPID
US09-0150256
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
-
C.A.T.S. (Computer Assistance and Technical Services) IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Vineyard Gardens Apartments Real Estate Agency
-
Gary Krupa, CPA Accounting Firm
-
Danny Juarez Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
Cscda Community Improvement Authori · 4 yrs held
Cscda Community Improvement Authori
since 2021
7 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,485,000
Current use
MEDICAL BUILDING
$2,055,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$1.59M
Range $1.43M – $1.75M · ±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
$284 / 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 2022Property tax & assessments
Tax year 2022
Previous assessed
$36,837,635
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
180
Rooms
30
Bathrooms
1
Total area
5,590 SF
Lot
6.04 ac (263,102 SF)
APN
044-091-048-000
UPID
US09-0150256
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL 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
1987
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
180
Rooms
30
Bathrooms
1
Lot
6.04 ac
Current owner
From public records · entity-resolved
Cscda Community Improvement Authori
Individual
Mailing address
1700 N BROADWAY STE #405, WALNUT CREEK, CA 94596-4184
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2021
—
Cscda Community Improvement Authori
Ag Gr Vineyard Owner LP
Grant Deed
$100,000 · Wilmington Trust NA
Mar 11, 2019
—
Ag-gr Vineyard Owner LP
—
Grant Deed
related
$33,000,000 · Holliday Fenoglio Fowler
Feb 19, 2019
$49,400,000
Ag-gr Vineyard Owner LP
Vgsr LP
Grant Deed
—
Oct 23, 2008
$23,000,000
Vgsr LLC
Meta Fund I
Grant Deed
$17,180,000 · Pnc Arcs LLC
May 28, 2008
—
Fund I Meta
Wilcox Building LLC
Grant Deed
—
Nov 14, 2007
—
Wilcox Building LLC
Meta Fund I
Grant Deed
—
May 3, 2006
—
Fund I Meta
Wilcox Building LLC
Grant Deed
—
Apr 30, 2002
—
F & F Evergreen Associates LLC
Cds-cal 1 Property Associates
Grant Deed
related
—
Jun 9, 1997
—
Hicks Trust
Matheson,george
Quit Claim Deed
related
—
Feb 16, 1995
—
Looze Trust
Looze,ray L & Helene V
Quit Claim Deed
related
—
Jan 23, 1995
—
Ray L Looze
Looze Trust
Quit Claim Deed
related
—
Jan 18, 1995
—
Ken Doyle
Doyle,joyce R
Quit Claim Deed
related
—
May 9, 1994
—
Looze Trust
Looze,ray
Quit Claim Deed
related
—
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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