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Property profile & analytics
FOR LEASE
Motels
401 Mendocino Ave Santa Rosa, CA 95401
Trust Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0547856
For Lease
1 / 16
$1,075,000
401 Mendocino Ave, Santa Rosa, CA 95401
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1913
Construction
TILT-UP CONCRETE
Total area
25,470 SF
Lot
0.24 ac (10,620 SF)
APN
010-045-010-000
UPID
US09-0547856
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
-
Vertical Brand Development Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Kelly Cowan Designs Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$935k
Blend (final)
Blend
$1.08M
Owner & transaction history
Castle Trust · 25 yrs held
Castle Trust
since 2001
5 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±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
$42 / 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
$82,226
Tax year 2024
Assessed value
$4,875,114
Assessed 2024
Previous assessed
$4,875,114
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$738,650
Assessed improvement
$4,136,464
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
Motels
Use group
MOTEL
Status
For Lease
Year built
1913
Construction
TILT-UP CONCRETE
Heating
FLOOR/WALL FURNACE
Cooling
YES
Stories
2
Bathrooms
12
Total area
25,470 SF
Lot
0.24 ac (10,620 SF)
APN
010-045-010-000
UPID
US09-0547856
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
1913
Construction
TILT-UP CONCRETE
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Bathrooms
12
Lot
0.24 ac
Current owner
From public records · entity-resolved
Castle Trust
Trust
Mailing address
399 BUSINESS PARK CT STE #512, WINDSOR, CA 95492-6652
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2001
$3,300,000
Castle Trust
Gulati Trust
Grant Deed
$2,475,000 · Westamerica Bank
Sep 17, 1999
$345,000
Gulati Trust
Upton Investors
Grant Deed
related
—
—
—
Gulati Trust
—
Deed Of Trust
related
$2,240,000 · Westamerica Bank
—
—
Upton Investors
—
Deed Of Trust
related
$1,575,000 · Westamerica Bank
—
—
Gulati Trust
—
Deed Of Trust
related
$1,000,000 · Bank Of Petaluma
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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