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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Office Spaces
4737 Hwy 12b Santa Rosa, CA 95409
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-2416187
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1989
Total area
1,799 SF
Lot
0.04 ac (1,568 SF)
APN
182-550-004-000
UPID
US09-2416187
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
$575k
CAP Approach
CAP
$415k
Comparable Approach
Comparable
$547k
Blend (final)
Blend
$575k
Owner & transaction history
Hanisara LLC · 4 yrs held
Hanisara LLC
since 2021
Last sale
$585,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$660,000
+32.5%
Auto repair, garage
$520,000
+3.9%
Retail stores
$500,000
+0.2%
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
$645,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$450,000
6.5%
$415,000
7%
$385,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$500,000
Current use
MEDICAL BUILDING
$660,000
Change: +33% · Conversion: Easy
AUTO REPAIR, GARAGE
$520,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$500,000
Change: +0% · Conversion: Moderate
COMMERCIAL (GENERAL)
$490,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $585k (Nov 5 2021)
Last sale anchor
$585k
Nov 5 2021
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
$320 / 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
$5,240
Tax year 2024
Assessed value
$438,476
Assessed 2024
Previous assessed
$438,476
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$135,604
Assessed improvement
$302,872
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
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1989
Heating
NONE
Stories
1
Total area
1,799 SF
Lot
0.04 ac (1,568 SF)
APN
182-550-004-000
UPID
US09-2416187
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
$500,000
MEDICAL BUILDING
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$520,000
RETAIL STORES
Est. value
$500,000
COMMERCIAL (GENERAL)
Est. value
$490,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1989
Heating
NONE
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Hanisara LLC
Entity
Mailing address
4737 SONOMA HWY STE B, SANTA ROSA, CA 95409-4267
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Nov 5, 2021
$585,000
Hanisara LLC
Brock A Thomas
Grant Deed
$915,000 · Live Oak Banking Company
Aug 15, 2019
—
Thomas Family Trust
Thomas,brock A
Quit Claim Deed
related
—
Jan 8, 2004
—
Thomas,tr
Thomas,brock A
Quit Claim Deed
related
$375,000 · North Coast Bank
Oct 23, 2002
—
Brock A Thomas
Bales,thomas R & Suzanne H
Quit Claim Deed
related
—
—
—
Thomas,brock A Trust
—
Loan Modification
related
—
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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