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Property profile & analytics
OFF-MARKET
Retail space
2406 Magowan Dr Santa Rosa, CA 95405-5006
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-1897885
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Construction
WOOD
Total area
2,877 SF
Lot
2.25 ac (98,010 SF)
Zoning code
C2P
APN
013-043-018-000
UPID
US09-1897885
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Montgomery Village Owner LLC
Montgomery Village Owner LLC
since 2025
Last sale
$93.0M
7 recorded transactions
Zoning & alternative use
C2P · Santa Rosa, CA
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$136,786
Tax year 2024
Assessed value
$11,673,288
Assessed 2024
Previous assessed
$11,673,288
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$3,714,228
Assessed improvement
$7,959,060
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
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
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,877 SF
Lot
2.25 ac (98,010 SF)
Zoning code
C2P
APN
013-043-018-000
UPID
US09-1897885
Jurisdiction
SONOMA
Zoning & alternative use
C2P · Santa Rosa, CA
Zoning C2P · permitted uses
C2P · Santa Rosa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Rosa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.25 ac
Current owner
From public records · entity-resolved
Montgomery Village Owner LLC
Entity
Mailing address
33 BOYLSTON ST #3000, CHESTNUT HILL, MA 02467-1731
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2025
—
Montgomery Village Owner LLC
David Codding
Quitclaim Deed
related
—
Feb 8, 2024
—
Montgomery Village Owner LLC
—
Deed
related
$109,100,000 · Carbon Capital Vii LLC
Jun 7, 2021
$93,000,000
Montgomery Village Owner LLC
Montgomery Village Limited Partners
Grant Deed
—
Jun 7, 2021
—
Montgomery Village Owner LLC
Montgomery Village Limited Partners
Intrafamily Transfer
related
$66,000,000 · Cw 2018 Equity Jnvestor 2 LLC
May 14, 2001
—
Montgomery Village LP
—
Deed Of Trust
related
$9,500,000 · Aid Association For Lutheran
Sep 30, 1999
—
Montgomery Village LP
Montgomery Village
Quit Claim Deed
related
—
Aug 1, 1989
—
Villa Montgomery
Codding,hugh B
Grant 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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