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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Office buildings
404 Kentucky St Petaluma, CA 94952
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-3125613
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
WOOD FRAME
Total area
2,100 SF
Lot
0.23 ac (9,837 SF)
APN
006-162-001-000
UPID
US10-3125613
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
by Request
CAP Approach
CAP
$485k
Comparable Approach
Comparable
$484k
Blend (final)
Blend
$500k
Owner & transaction history
Kentucky Ely LLC
Kentucky Ely LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$810,000
+35.3%
Medical building
$770,000
+28.9%
Auto repair, garage
$665,000
+10.9%
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%
$525,000
6.5%
$485,000
7%
$450,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$600,000
Current use
COMMERCIAL (GENERAL)
$810,000
Change: +35% · Conversion: Easy
MEDICAL BUILDING
$770,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$665,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$615,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$238 / 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
$6,855
Tax year 2024
Assessed value
$609,666
Assessed 2024
Previous assessed
$609,666
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$187,123
Assessed improvement
$422,543
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
Status
Off-Market
Year built
1960
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
2,100 SF
Lot
0.23 ac (9,837 SF)
APN
006-162-001-000
UPID
US10-3125613
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
OFFICE BUILDING Current
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$810,000
MEDICAL BUILDING
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$665,000
RETAIL STORES
Est. value
$615,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1960
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Kentucky Ely LLC
Entity
Mailing address
2000 CHAPMAN LN, PETALUMA, CA 94952-3667
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2026
—
Kentucky Ely LLC
Schmidt
Grant Deed
$275,000 · Redwood Credit Union
Mar 25, 2015
—
Schmidt Casey
Arntz Casey
Quit Claim Deed
related
$292,500 · Bank Of Marin
Feb 1, 2013
$505,000
Casey Arntz
Cypress Inv
Grant Deed
$455,000 · Cypress Inv
Oct 2, 2009
$505,000
Inv Cypress
Omahony M F 2002 Trust
Grant Deed
—
Nov 14, 2006
—
Omanoney M F 2002 Trust
Omahoney,michael F
Grant Deed
related
—
Jun 30, 2006
—
Michael O'mahony
Kortum,jeanie
Quit Claim Deed
related
$250,000 · Westamerica Bank
Apr 14, 2006
$605,000
Michael O'mahony
Hildebrand,derry L
Grant Deed
—
Oct 1, 2003
—
Derry L Hildebrand
Hildebrand,derry L & Mary J
Quit Claim Deed
related
—
Sep 12, 2003
$385,000
Derry L Hildebrand
Eliason,tr
Grant Deed
$192,500 · Wells Fargo Bank
Sep 12, 2003
—
Eliason,tr
Eliason,charles C
Quit Claim Deed
related
—
Mar 22, 2001
—
Eliason Trust
Eliason Trust
Quit Claim Deed
related
—
Jan 24, 2001
$365,000
Eliason Trust
Rosa Trust
Grant Deed
$180,000 · Seller
Jun 25, 1999
—
James C Rosa
Rosa,merriall K
Quit Claim Deed
related
—
Jun 25, 1999
$310,000
Rosa Trust
Fietz,dale
Trustees Deed
—
Feb 28, 1990
$265,000
Dale Fietz
Wood,william W
Grant Deed
related
$50,000 · Goodrich & Pennington INC
Feb 7, 1989
$215,000
Wood William W
Rebizzo,remo
Grant Deed
—
Jan 12, 1989
$215,000
Wood William W
Rebizzo,remo
Grant Deed
$150,500
—
—
Wood William W
—
Deed Of Trust
related
$150,500 · Rebizzo Remo
—
—
Derry L Hilderbrand
—
Deed Of Trust
related
$141,000 · Capital Business Group INC
—
—
Dale Fietz
—
Deed Of Trust
related
$209,000 · Money Store California
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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