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Property profile & analytics
OFF-MARKET
Estimated value
$3,100,000
Investment properties
3023 Santa Rosa Ave Santa Rosa, CA 95407-7629
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2004362
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1977
Construction
TILT-UP CONCRETE
Total area
24,157 SF
Lot
1.25 ac (54,450 SF)
APN
043-132-034-000
UPID
US09-2004362
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
-
world of carpet Carpet & Flooring Store Hardware & Home Improvement
-
World Of Carpet One Floor & Home Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.10M
CAP Approach
CAP
$4.24M
Comparable Approach
Comparable
$3.88M
Blend (final)
Blend
$3.10M
Owner & transaction history
Alextong1 LLC · 1 yrs held
Alextong1 LLC
since 2024
Last sale
$3.1M
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
$3,100,000
ML approach
$3,100,000
CAP Approach
CAP Return
Estimation
6%
$4,595,000
6.5%
$4,240,000
7%
$3,940,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,165,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$3.10M
Range $2.79M – $3.41M · ±10% · vs last sale $3.10M (Aug 23 2024)
Last sale anchor
$3.10M
Aug 23 2024
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
$128 / 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
$11,415
Tax year 2024
Assessed value
$928,304
Assessed 2024
Previous assessed
$928,304
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$130,782
Assessed improvement
$797,522
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
2
Total area
24,157 SF
Lot
1.25 ac (54,450 SF)
APN
043-132-034-000
UPID
US09-2004362
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
WAREHOUSE, STORAGE
Est. value
$5.2M
WAREHOUSE, STORAGE
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
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.25 ac
Current owner
From public records · entity-resolved
Alextong1 LLC
Entity
Mailing address
3906 FLINTRIDGE DR STE #7, SANTA ROSA, CA 95403-0990
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 23, 2024
$3,100,000
Alextong1 LLC
Arnold J Carston
Grant Deed
$1,900,000 · Arnold J & Gayle Carston Family 200
Oct 31, 2005
—
Carston A J & G Family 2005
Carston,arnold J & Gayle
Quit Claim Deed
related
—
Apr 26, 2005
—
Gayle Carston
Carston,arnold J
Quit Claim Deed
related
—
Nov 28, 1994
—
Arnold J Carston
Shada,paul M & Margaret M
Quit Claim Deed
related
—
Sep 20, 1994
—
Arnold J Carston
Carston,gayle R
Quit Claim Deed
related
$1,350,000 · Luther Burbank Savings & Loan
May 13, 1991
—
Arnold J Carston
Carston,gayle
Quit Claim Deed
related
$612,500 · Luther Burbank Savings & Loan
—
—
Arnold J Carston
—
Deed Of Trust
related
$850,000 · Bank Of America
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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