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Property profile & analytics
OFF-MARKET
Estimated value
$2,515,000
Retail space
2503 Cleveland Ave Santa Rosa, CA 95403-2957
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3184806
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1969
Construction
WOOD
Total area
12,600 SF
Lot
0.9 ac (39,200 SF)
APN
015-481-025-000
UPID
US10-3184806
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
-
Big 5 Sporting Goods (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.11M
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$2.52M
Owner & transaction history
Ckb Properties LLC · 2 yrs held
Ckb Properties LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.6M
+3.7%
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%
$2,285,000
6.5%
$2,110,000
7%
$1,960,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,500,000
Current use
AUTO REPAIR, GARAGE
$3,630,000
Change: +4% · Conversion: Difficult
RESTAURANT
$3,455,000
Change: -1% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,415,000
Change: -2% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,180,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$2.52M
Range $2.26M – $2.77M · ±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
$200 / 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
$56,458
Tax year 2024
Assessed value
$4,906,200
Assessed 2024
Previous assessed
$4,906,200
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,259,700
Assessed improvement
$3,646,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1969
Construction
WOOD
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
12,600 SF
Lot
0.9 ac (39,200 SF)
APN
015-481-025-000
UPID
US10-3184806
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
RETAIL STORES Current
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.6M
RESTAURANT
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.4M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
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
1969
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Ckb Properties LLC
Entity
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2023
—
Ckb Properties LLC
Allan A Henderson
Grant Deed
—
Aug 31, 2022
$4,810,000
Allan A Henderson
Nicholas J Athens
Grant Deed
—
Jun 30, 2017
—
Athens 1996 N J & Candida M Trust
—
Deed
related
$2,020,000 · Wells Fargo Bk
Aug 23, 2007
$2,950,000
Athens N J & C M 1996 Trust
Piedemonte Family Trust A
Grant Deed
$850,000 · First Republic Bank
Aug 14, 2007
—
William J Piedemonte
Piedemonte,domenico G
Affidavit Of Death
related
—
Jul 11, 2000
—
Piedemonte Trust
Piedemonte Trust
Quit Claim Deed
related
—
—
—
Sylvia M Bettis
—
Deed Of Trust
related
$450,000 · Borel Bank & Trust
—
—
Athens Nichlas J & Candida M Tr
—
Deed Of Trust
related
$600,000 · First Republic Bank
—
—
Athens 1996 N J & Candida M Trust
—
Loan Modification
related
$2,020,000 · Wells Fargo Bk
—
—
Athens N J & C M 1996 Trust
—
Deed Of Trust
related
$1,850,000 · First Republic Bank
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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