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Property profile & analytics
OFF-MARKET
Estimated value
$17,185,000
Office buildings
3700 Lakeville Hwy Petaluma, CA 94954-7610
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US09-0179793
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1983
Construction
TILT-UP CONCRETE
Total area
98,382 SF
Lot
6.83 ac (297,514 SF)
APN
005-090-088-000
UPID
US09-0179793
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
-
T C Steel Inc General Contractor
-
Helena Plastics Industrial Manufacturer Production Facility
-
Pipet Tips and Tubes Production Facility
-
Harvest Christian School High School
-
Labcon & Helena Plastics Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.80M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.19M
Owner & transaction history
North America Labcon · 16 yrs held
North America Labcon
since 2010
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 Petaluma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Petaluma 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%
$24,695,000
6.5%
$22,795,000
7%
$21,165,000
Blend value · Realmo final
$17.19M
Range $15.47M – $18.90M · ±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
$175 / 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
$365,869
Tax year 2024
Assessed value
$33,102,555
Assessed 2024
Previous assessed
$33,102,555
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$5,821,366
Assessed improvement
$27,281,189
Applied tax rate
3.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1983
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Stories
2
Total area
98,382 SF
Lot
6.83 ac (297,514 SF)
APN
005-090-088-000
UPID
US09-0179793
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
Building & site characteristics
From public records
Year built
1983
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Stories
2
Lot
6.83 ac
Current owner
From public records · entity-resolved
North America Labcon
Individual
Mailing address
3700 LAKEVILLE HWY STE #200, PETALUMA, CA 94954-7611
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
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
Jun 29, 2017
—
Labcon North America
—
Deed
related
$3,100,000 · Bank Of The West
Feb 15, 2017
—
Labcon North America
—
Deed
related
$3,100,000 · Bank Of The West
Jan 29, 2010
$7,600,000
North America Labcon
Derryberry J W & N H Trust
Deed Of Trust
$10,350,000 · Bank Of The West
Jan 29, 2010
—
Nancy Derryberry
Derryberry,james W
Affidavit Of Death
related
—
Mar 29, 2006
—
Derryberry James W & N H Trust
—
Deed Of Trust
related
$6,510,000 · Westamerica Bank
Aug 29, 2003
—
Derryberry,tr
Fre 82 Corp
Grant Deed
related
—
Aug 29, 2003
$200,000
Derryberry,tr
Derryberry,amy J
Grant Deed
related
—
Mar 7, 2003
—
Fre Eighty-two
Firemans Fund Insurance
Grant Deed
$6,510,000 · National Bank The Redwoods
—
—
Labcon North America
—
Deed Of Trust
related
$3,100,000 · Bank Of The West
—
—
Fre Eighty-two
—
Deed Of Trust
related
$2,000,000 · Derryberry Trust
—
—
Labcon North America
—
Deed Of Trust
related
$3,100,000 · Bank Of The West
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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