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Property profile & analytics
OFF-MARKET
Estimated value
$9,495,000
Manufacturing properties
2789 Northpoint Pkwy Santa Rosa, CA 95407-7350
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3065568
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1984
Total area
46,240 SF
Lot
5.19 ac (226,076 SF)
APN
010-450-026-000
UPID
US09-3065568
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
-
Viavi Solutions Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.64M
CAP Approach
CAP
$7.49M
Comparable Approach
Comparable
$12.76M
Blend (final)
Blend
$9.50M
Owner & transaction history
Dm Industrial SR LLC · 4 yrs held
Dm Industrial SR LLC
since 2021
Last sale
$8.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$13.3M
+44.1%
Retail stores
$12.8M
+38.9%
Office building
$12.8M
+38.6%
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
$9,555,000
ML approach
$10,635,000
CAP Approach
CAP Return
Estimation
6%
$8,115,000
6.5%
$7,490,000
7%
$6,955,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,250,000
Current use
AUTO REPAIR, GARAGE
$13,325,000
Change: +44% · Conversion: Easy
RETAIL STORES
$12,845,000
Change: +39% · Conversion: Moderate
OFFICE BUILDING
$12,820,000
Change: +39% · Conversion: Difficult
RESTAURANT
$12,685,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,995,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$9.50M
Range $8.55M – $10.44M · ±10% · vs last sale $8.68M (Nov 8 2021)
Last sale anchor
$8.68M
Nov 8 2021
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
$205 / 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
$105,058
Tax year 2024
Assessed value
$8,843,400
Assessed 2024
Previous assessed
$8,843,400
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,080,800
Assessed improvement
$6,762,600
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1984
Heating
NONE
Stories
1
Total area
46,240 SF
Lot
5.19 ac (226,076 SF)
APN
010-450-026-000
UPID
US09-3065568
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
INDUSTRIAL (GENERAL) Current
Est. value
$9.3M
AUTO REPAIR, GARAGE
Est. value
$13.3M
RETAIL STORES
Est. value
$12.8M
OFFICE BUILDING
Est. value
$12.8M
RESTAURANT
Est. value
$12.7M
COMMERCIAL (GENERAL)
Est. value
$10.0M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
RESTAURANT
COMMERCIAL (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
1984
Heating
NONE
Stories
1
Lot
5.19 ac
Current owner
From public records · entity-resolved
Dm Industrial SR LLC
Entity
Mailing address
1013 WASHINGTON ST #527, CALISTOGA, CA 94515-9998
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2022
—
Rm Industrial SR LLC
—
Deed
related
$5,205,000 · First Republic Bank
Nov 8, 2021
$8,675,000
Dm Industrial SR LLC
Patriot Northpoint II Refi LLC
Grant Deed
—
Feb 3, 2020
—
Patriot Northpoint II Refi LLC
—
Deed
related
$38,480,000 · Midcap Funding Xxxi Trust (ct)
Jan 31, 2020
$9,362,000
Arg Vssraca003 LLC
Patriot Northpoint II Refi LLC
Grant Deed
—
Jan 23, 2020
—
Patriot Northpoint II Refi LLC
Patriot Northpoint II Refi LLC
Quit Claim Deed
related
—
Jun 4, 2019
—
Patriot Northpoint II Refi LLC
—
Grant Deed
related
$38,480,000 · Midcap Financial Trust (ct)
Aug 30, 2012
—
Patriot Northpoint II Refi LLC
Patriot Northpoint II LLC
Grant Deed
$37,250,000 · Rbs Financial Products INC
Jul 2, 2010
—
Patriot Northpoint I LLC
—
Grant Deed
related
$26,525,000 · Bank Of America
Mar 19, 2009
—
Patriot Northpoint II LLC
Owner Name Unavailable
Grant Deed
related
—
Aug 27, 2007
—
Patriot Northpoint II LLC
Optical Coating Laboratory INC
Grant Deed
$34,450,000 · Lasalle National Bank
—
—
Patriot Northpoint II Refi LLC
—
Loan Modification
related
$38,480,000 · Midcap Funding Xxxi Trust (ct)
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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