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    Property profile & analytics

    4046 Luther Burbank Memorial Hwy Santa Rosa, CA 95407

    • Strip malls
    • 3,292 SF
    • 0.53 lot acres
    OFF-MARKET
    Last Sale
    Jul 21, 2020
    $960,000
    Value Estimations
    $975,000
    Show details
    Cap Rate Potential
    4.2%
    Strip malls
    Location Intelligence
    Property ID
    US09-5105035
    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

    • Strip malls

    Property Details for 4046 Luther Burbank Memorial Hwy

    Year built
    1975
    Construction
    WOOD
    Lot size
    0.53 lot acres
    Property size
    3,292 SF
    Zone code
    C2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    032-500-040-000
    APU
    32500040000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $990,000
      ML approach
      $995,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $695,000
      6.5%
      $645,000
      7%
      $600,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,075,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa
    County
    Sonoma
    State
    California
    Longitude
    -122.679
    Latitude
    38.4554
    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
    $12,245
    $408,565
    $610,194
    $1,018,759
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $625,000
      0.82 Acres

      937 Stony Pt Rd

      SHOPPING CENTER, STRIP CENTER • 0.82 Acres
      937 Stony Pt Rd, Santa Rosa, CA 95407
      View Details
    • Value Estimation
      $2,010,000
      152,560 SF

      2025 Sebastopol Rd

      SHOPPING CENTER, STRIP CENTER • 152,560 SF
      2025 Sebastopol Rd, Santa Rosa, CA 95407-6787
      View Details
    • Value Estimation
      $820,000
      39,960 SF

      711 Stony Pt Rd

      SHOPPING CENTER, STRIP CENTER • 39,960 SF
      711 Stony Pt Rd, Santa Rosa, CA 95407-6802
      View Details
    • Value Estimation
      $955,000
      26,211 SF

      443 Dutton Ave

      SHOPPING CENTER, STRIP CENTER • 26,211 SF
      443 Dutton Ave, Santa Rosa, CA 95407-5828
      View Details
    • Value Estimation by Request
      9,900 SF

      1630 Sebastopol Rd

      SHOPPING CENTER, STRIP CENTER • 9,900 SF
      1630 Sebastopol Rd, Santa Rosa, CA 95407-6884
      View Details
    • Value Estimation
      $1,010,000
      49,436 SF

      2875 Santa Rosa Ave

      SHOPPING CENTER, STRIP CENTER • 49,436 SF
      2875 Santa Rosa Ave, Santa Rosa, CA 95407-7637
      View Details

    Similar Nearby for Sale

    • $4,477,000
      14,550 SF

      Santa Rosa Shopping Center Investment

      Five-tenant retail center, 100% occupied.
      4675 Redwood Dr, Santa Rosa, CA 95407
      View Details
    • $3,500,000
      7,500 SF

      Freestanding Retail Building in Santa Rosa

      Freestanding retail building with high traffic exposure in Santa Rosa.
      1995 Sebastopol Ave, Santa Rosa, CA 95407
      View Details
    • $2,600,000
      4,592 SF

      Santa Rosa Automotive/Retail Opportunity

      Auto sales/smog shop on corner lot with high traffic visibility.
      3110 Santa Rosa Ave, Santa Rosa, CA 95407
      View Details
    • $13,632,000
      12,210 SF

      Northpoint Corporate Center: Santa Rosa Warehouse

      High-cube warehouse, excellent location, strong NOI.
      2321-2329 Circadian Way, Santa Rosa, CA 95407
      View Details
    • $4,750,000
      0.81 Acres

      Santa Rosa Industrial Land Investment

      Prime Sonoma County land, dual zoning.
      3114-3122 Santa Rosa Ave, Santa Rosa, CA 95407
      View Details
    • $5,500,000
      25,410 SF

      Santa Rosa Industrial Warehouse

      25,410 SF Warehouse, Cold Storage, Cannabis Permit
      3192 Juniper Ave, Santa Rosa, CA 95407
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    Similar Nearby for Lease

    • Contact for pricing
      1,690 SF

      Retail Space in Stony Point

      Retail space available in a busy Santa Rosa plaza.
      711 Stony Point Rd, Santa Rosa, CA 95407
      View Details
    • $1.05 SF/Yr

      Santa Rosa Food Service Opportunity

      Well-built food facility with storage, heavy power, and water rights.
      322 Bellevue Ave, Santa Rosa, CA 95407
      View Details
    • Contact for pricing
      19,500 SF

      Retail Box Opportunity in Santa Rosa

      Retail space with loading dock and monument signage available for rent.
      1935 Santa Rosa Ave, Santa Rosa, CA 95407
      View Details
    • $1.75 SF/Yr
      5,000 SF

      Retail Space with High Visibility

      Ground floor retail space featuring excellent natural light and ample parking.
      2510 Santa Rosa Ave, Santa Rosa, CA 95407
      View Details
    • Contact for pricing
      194,569 SF

      Stony Point Plaza Retail Space

      Santa Rosa retail space, high traffic location.
      0 Stony Pt Rd. & Hwy 12, Santa Rosa, CA 95407
      View Details
    • $13 SF/Yr
      12,250 SF

      Santa Rosa Executive Office Space

      12,250 SF Office, Flexible Lease Terms
      1201 Corporate Cntr Pkwy, Santa Rosa, CA 95407
      View Details
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    Santa Rosa, CA 95407
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    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
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