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Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Strip malls
2875 Santa Rosa Ave Santa Rosa, CA 95407-7637
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1598683
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1967
Construction
STEEL FRAME
Total area
49,436 SF
Lot
5.81 ac (253,083 SF)
Zoning code
C3
APN
043-132-053-000
UPID
US09-1598683
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
-
Soundwave Audio Electronics & Wireless Store Auto Parts Store
-
Norcal Powersports And Marine Auto Parts Store (Bike/Boat/Book/etc) Store
-
Low Cost Ignition Interlock Building Supply General Contractor
-
La-Z-Boy Furniture Galleries Furniture & Home Goods Home Decor Store
-
The Floor Store Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.01M
Owner & transaction history
2875 Santa Rosa Avenue LLC · 20 yrs held
2875 Santa Rosa Avenue LLC
since 2006
7 recorded transactions
Zoning & alternative use
C3 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,445,000
Current use
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±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
$20 / 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
$102,441
Tax year 2024
Assessed value
$8,487,164
Assessed 2024
Previous assessed
$8,487,164
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,486,500
Assessed improvement
$6,000,664
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
49,436 SF
Lot
5.81 ac (253,083 SF)
Zoning code
C3
APN
043-132-053-000
UPID
US09-1598683
Jurisdiction
SONOMA
Zoning & alternative use
C3 · Santa Rosa, CA
Zoning C3 · permitted uses
C3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1967
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5.81 ac
Current owner
From public records · entity-resolved
2875 Santa Rosa Avenue LLC
Entity
Mailing address
4863 OLD REDWOOD HWY #1, SANTA ROSA, CA 95403-2866
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2006
—
2875 Santa Rosa Avenue LLC
Balatti,paul J & Janet K
Grant Deed
—
Feb 10, 2006
$390,000
Mauri F Wilber
Schultze,richard K
Grant Deed
—
Feb 10, 2006
—
Mauri F Wilber
Wilber,william R
Quit Claim Deed
related
—
Dec 2, 2004
—
Richard Schultze
Schultze,richard K
Quit Claim Deed
related
$8,701,000 · North Valley Bank
Aug 28, 2002
$2,694,000
Richard K Schultze
Herbert,derrick D
Grant Deed
$3,000,000 · National Bank The Redwoods
Aug 28, 2002
—
Richard K Schultze
Kor,kerri
Grant Deed
related
—
Aug 27, 2002
—
Derrick D Herbert
Herbert,martha J & Roseanna
Quit Claim Deed
related
—
Dec 14, 1999
—
Wallace Lourdeaux
Lourdeaux,roseanna
Quit Claim Deed
$2,500,000 · Summit State Bank
Mar 26, 1998
—
Paul J Balatti
Wasem,larry L & Carolyn L
Grant Deed
$320,000 · Individual
Nov 24, 1997
—
Chicago Title
Wasem,larry L & Carolyn L
Grant Deed
related
—
Jun 18, 1997
—
Yaeger & Kirk INC
Snyder Properties Venture LP
Quit Claim Deed
$2,100,000 · Exchange Bank
—
—
Richard Schultze
—
Deed Of Trust
related
$750,000 · Griffin Carol P Trust
—
—
Richard K Schultze
—
Deed Of Trust
related
$150,000 · Ferro Trust
—
—
Paul J Balatti
—
Deed Of Trust
related
$450,000 · William R Wilber
—
—
2875 Santa Rosa Avenue LLC
—
Deed Of Trust
related
$9,640,000 · Countrywide Com'l R E Fin
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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