Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    427 College St, Unit 433 Woodland, CA 95695-3908

    • Retail space
    • 22,360 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimations
    $2,975,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1406643
    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

    • Pure Garage Doors and Gates Repair / Garage Door Supplier

    Property Details for 427 College St

    Year built
    1929
    Construction
    TILT-UP CONCRETE
    Lot size
    0.52 lot acres
    Property size
    22,360 SF
    Zone code
    CBD
    Property type
    Retail space
    APN
    006-561-021-000
    APU
    6561021000

    Description

    This exceptional 22,360 square foot mixed-use property, located at 427 College Street in Woodland, California, presents a unique investment opportunity. Originally constructed in 1921 as an auto dealership, this concrete and steel building has undergone a significant and comprehensive renovation between 2016 and 2017. The modernization includes a new roof, completely updated plumbing and electrical systems, and the installation of state-of-the-art, energy-efficient heating and air conditioning. The building's meticulous restoration has earned it recognition, receiving a Historic Preservation award from the City of Woodland in 2018. This award underscores the property's blend of historical charm and modern functionality. Situated on a 0.52-acre lot, the building currently houses a mix of office and retail spaces. The property benefits from a strong anchor tenant, WSR Insurance, who recently extended their lease, securing their occupancy until 2032. This long-term lease provides significant stability and predictable income for the future owner. The property's prime location in Woodland, combined with its high-quality construction and recent renovations, makes it an attractive investment opportunity for discerning buyers seeking a well-maintained, historically significant commercial property with a strong tenant base. The asking price for this exceptional property is $6,250,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,459,000
      Market price range: $1.70M - $4.03M
      AI Estimate
      $2,742,000
      Market price range: $1.05M - $3.16M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,775,000
      Current use
      WAREHOUSE, STORAGE
      $4,870,000
      Change: +75% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $4,765,000
      Change: +72% Conversion: Difficult
      OFFICE BUILDING
      $4,440,000
      Change: +60% Conversion: Easy
      COMMERCIAL (GENERAL)
      $4,240,000
      Change: +53% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $4,185,000
      Change: +51% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodland
    County
    Yolo
    State
    California
    Longitude
    -121.774
    Latitude
    38.6768
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, 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
    2023
    $29,634
    $341,347
    $2,434,761
    $2,776,108
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,314 SF

      115 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 1,314 SF
      115 Walnut St, Woodland, CA 95695-3136
      View Details
    • Value Estimation by Request
      1,260 SF

      414 1st St

      RETAIL STORES (PERSONAL SERVICES) • 1,260 SF
      414 1st St, Woodland, CA 95695-4024
      View Details
    • Value Estimation by Request
      5,188 SF

      106 Kentucky Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,188 SF
      106 Kentucky Ave, Woodland, CA 95695-2743
      View Details
    • Value Estimation
      $745,000
      7,909 SF

      548 Kentucky Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,909 SF
      548 Kentucky Ave, Woodland, CA 95695-2779
      View Details
    • Value Estimation
      $605,000
      5,309 SF

      210 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,309 SF
      210 Main St, Woodland, CA 95695-3128
      View Details
    • Value Estimation by Request
      5,000 SF

      320 Elm St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      320 Elm St, Woodland, CA 95695-3409
      View Details

    Similar Nearby for Sale

    • $2,599,000
      36,017 SF

      Historic Oddfellows Building For Sale

      Landmark building in Woodland, CA with diverse tenant mix.
      721-729 Main St, Woodland, CA 95695
      View Details
    • $875,000
      5,000 SF

      Woodland Commercial Corner Lot

      High-visibility, versatile 5,000 sq ft space.
      320 Elm St, Woodland, CA 95695
      View Details
    • $1,500,000
      2,654 SF

      Prime Farmland with Income Potential

      30.14 acres of farmland with home and income potential.
      35655 County Road 20, Woodland, CA 95695
      View Details
    • $4,750,000

      Investment-Grade Almond Orchard For Sale

      Prime bearing almond orchard on 156.75 acres near Woodland, CA.
      33033 State Highway 16, Woodland, CA 95695
      View Details
    • $3,800,000

      Woodland Office Building For Sale

      Office property available for purchase in Woodland, California.
      117 W Main St, Woodland, CA 95695
      View Details
    • $389,000
      1,600 SF

      Prime Woodland Event Space

      Spacious facility, ample parking, redevelopment potential.
      345 Kentucky Ave, Woodland, CA 95695
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      13,956 SF

      215 California St

      Neighborhood centers • 13,956 SF
      215 California St, Woodland, CA 95695
      View Details
    • $2 SF/Yr
      1,894 SF

      Retail Space Anchored by Raley's

      Retail space available in shopping center anchored by Raley's.
      353-383 W Main St, Woodland, CA 95695
      View Details
    • Contact for pricing
      1,306 SF

      Woodland Retail Space For Lease

      Neighborhood shopping center anchored by Bel Air in Woodland, CA.
      1837-1849 E Gibson Rd, Woodland, CA 95695
      View Details
    • Contact for pricing
      2,000 SF

      Downtown Retail Space Available

      Retail space in downtown Woodland, ideal for boutique shops.
      2 W Court St, Woodland, CA 95695
      View Details
    • Contact for pricing
      31,500 SF

      West Court Plaza Retail Spaces

      Woodland, CA: Prime Retail Opportunity
      52 Court St, Woodland, CA 95695
      View Details
    • $0.85 SF/Yr
      16,036 SF

      Retail Space in Woodland, CA

      6,129 SF retail space available for lease.
      50 W Main St, Woodland, CA 95695
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    427 College St, Unit 433
    Woodland, CA 95695-3908
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.