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Property profile & analytics
OFF-MARKET
Estimated value
$2,325,000
Retail space
401 Olive St Santa Rosa, CA 95407-7022
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2384534
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
CONCRETE
Total area
4,260 SF
Lot
0.29 ac (12,806 SF)
Zoning code
M1
APN
010-252-056-000
UPID
US09-2384534
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.33M
Owner & transaction history
Theresa Herman · 2 yrs held
Theresa Herman
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
M1 · Santa Rosa, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+32.2%
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
$2,325,000
ML approach
$2,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,565,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$2.33M
Range $2.09M – $2.56M · ±10% · vs last sale $2.33M (Mar 20 2024)
Last sale anchor
$2.33M
Mar 20 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
$546 / 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
$10,451
Tax year 2024
Assessed value
$902,025
Assessed 2024
Previous assessed
$902,025
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$259,995
Assessed improvement
$642,030
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
4,260 SF
Lot
0.29 ac (12,806 SF)
Zoning code
M1
APN
010-252-056-000
UPID
US09-2384534
Jurisdiction
SONOMA
Zoning & alternative use
M1 · Santa Rosa, CA
Zoning M1 · permitted uses
M1 · 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
MEDICAL BUILDING
Est. value
$1.6M
MEDICAL BUILDING
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
1987
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Theresa Herman
Individual
Mailing address
8444 KENNEDY RD, SEBASTOPOL, CA 95472-5328
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2024
$2,325,000
Theresa Herman
Jolly Management LLC
Grant Deed
$620,000 · Jeffery Allen
Jun 1, 2022
—
Sonoco Management LLC
East West Consultants LLC
Quit Claim Deed
related
—
Dec 21, 2020
$682,516
East West Consultants LLC
Nathan Kem
Grant Deed
$377,889 · Nathan Kern
Jan 17, 2018
—
Richard C Curry
Currys Discount INC
Quit Claim Deed
$600,000 · Richard C Curry
Jan 17, 2018
$700,000
Nathan Kern
Richard C Curry
Grant Deed
$600,000 · Richard C Curry
Dec 11, 1998
$216,000
Richard C Curry
Curry,leonard C & Doris D
Grant Deed
related
$216,000 · Exchange Bank
Mar 1, 1994
$300,000
Leonard C Curry
Allen Trust
Grant Deed
$300,000 · Seller
Nov 18, 1992
$300,000
Allen Trust
Curry,richard C
Grant Deed
—
—
—
Richard C Curry
—
Deed Of Trust
related
$100,000 · National Redwoods Bank
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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