Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3035 Cleveland Ave Santa Rosa, CA 95403-2867

    • Schools
    • 5.15 lot acres
    OFF-MARKET
    Value Estimations
    $585,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3319002
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Attorney Beki Berrey / Family Law Attorney / Criminal Justice Attorney
    • Empire College / Law School
    • Eye Care Institute / Ophthalmologist / Contact Lenses Supplier
    • Eye Care Institute: Kalane J. Wong MD / Ophthalmologist
    • NINA NI / Ophthalmologist

    Property Details for 3035 Cleveland Ave

    Lot size
    5.15 lot acres
    Property type
    Schools
    APN
    015-111-032-000
    APU
    15111032000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $585,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa
    County
    Sonoma
    State
    California
    Longitude
    -122.73
    Latitude
    38.4681
    CBSA code
    42220
    CBSA name
    SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $123,066
    $3,150,207
    $7,534,494
    $10,684,701
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $390,000
      11,928 SF

      1100 Piner Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 11,928 SF
      1100 Piner Rd, Santa Rosa, CA 95403-7440
      View Details
    • Value Estimation
      $295,000
      2,926 SF

      1425 Steele Ln

      VETERINARY, ANIMAL HOSPITAL • 2,926 SF
      1425 Steele Ln, Santa Rosa, CA 95403-2969
      View Details
    • Value Estimation
      $310,000
      15,450 SF

      2425 Mendocino Ave

      VETERINARY, ANIMAL HOSPITAL • 15,450 SF
      2425 Mendocino Ave, Santa Rosa, CA 95403-3116
      View Details
    • Value Estimation
      $315,000
      2,722 SF

      3070 Cleveland Ave

      VETERINARY, ANIMAL HOSPITAL • 2,722 SF
      3070 Cleveland Ave, Santa Rosa, CA 95403-2123
      View Details
    • Value Estimation by Request
      0.79 Acres

      1695 Piner Rd

      VACANT COMMERCIAL LAND • 0.79 Acres
      1695 Piner Rd, Santa Rosa, CA 95403-1920
      View Details
    • Value Estimation
      $280,000
      1.07 Acres

      3224 Regional Pkwy

      MANUFACTURING (LIGHT) • 1.07 Acres
      3224 Regional Pkwy, Santa Rosa, CA 95403-8214
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,225 SF

      Santa Rosa Executive Office Suite

      1,225 SF Office, Prime Location
      2448 Guerneville Rd, Santa Rosa, CA 95403
      View Details
    • $5,575,000
      10,825 SF

      Santa Rosa Investment Portfolio

      Seven single-family homes in Sonoma County Wine Country.
      2010 Ravello Way, Santa Rosa, CA 95403
      View Details
    • $4,500,000
      6,094 SF

      Santa Rosa Vineyard Estate with Views

      26.21-acre vineyard estate with residence, tasting room, and event venue.
      4076 Old Redwood Hwy, Santa Rosa, CA 95403
      View Details
    • Contact for pricing

      Santa Rosa Apartment Complex

      178-unit community, prime location.
      2010 Pioneer Way, Santa Rosa, CA 95403
      View Details
    • $6,900,000
      46,000 SF

      3201 Cleveland ave. & 799 piner rd

      Flex space • 46,000 SF
      3201 Piner Rd, Santa Rosa, CA 95403
      View Details
    • $295,000

      Residential Lot in Wikiup Estates

      0.86-acre lot with views in desirable Wikiup Estates.
      616 Vista Ct, Santa Rosa, CA 95403
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      21,780 SF

      Santa Rosa Ground Lease Opportunity

      High-Visibility Retail Pad Site, Excellent Location
      3746 Airway Dr, Santa Rosa, CA 95403
      View Details
    • Contact for pricing
      4,507 SF

      Santa Rosa Office Space Available

      Office space with highway visibility and ample parking.
      3883 Airway Dr, Santa Rosa, CA 95403
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space Near Safeway

      Retail space shadow-anchored by Safeway with ample parking.
      150 Steele Ln, Santa Rosa, CA 95403
      View Details
    • $1.60 SF/Yr
      1,500 SF

      Retail Space with Flexible Layout

      Retail space featuring a flexible layout and customizable flooring.
      1331 Guerneville Rd, Santa Rosa, CA 95403
      View Details
    • Contact for pricing
      2,936 SF

      Class A Office/Medical Building

      Office and medical building near Kaiser Permanente Santa Rosa.
      3333 Mendocino Ave, Santa Rosa, CA 95403
      View Details
    • Contact for pricing
      5,933 SF

      Class A Office Space Available

      Two-story office building in Fountaingrove submarket with highway visibility.
      3700 Old Redwood Hwy, Santa Rosa, CA 95403
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3035 Cleveland Ave
    Santa Rosa, CA 95403-2867
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.