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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Retail space
480 Mendocino Ave Santa Rosa, CA 95401-6314
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0547883
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1955
Construction
TILT-UP CONCRETE
Total area
4,300 SF
Lot
0.1 ac (4,300 SF)
APN
009-026-010-000
UPID
US09-0547883
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
Current use
Occupant on record · Public records
-
Ritual Salon + Style Bar Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$720k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
Edward F Hayman · 1 yrs held
Edward F Hayman
since 2024
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$780,000
6.5%
$720,000
7%
$670,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,030,000
Change: -14% · Conversion: Easy
COMMERCIAL (GENERAL)
$980,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $800k (Aug 14 2024)
Last sale anchor
$800k
Aug 14 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
$158 / 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
$8,757
Tax year 2024
Assessed value
$701,725
Assessed 2024
Previous assessed
$701,725
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$221,596
Assessed improvement
$480,129
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1955
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
4,300 SF
Lot
0.1 ac (4,300 SF)
APN
009-026-010-000
UPID
US09-0547883
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
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$980,000
OFFICE BUILDING
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
1955
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Edward F Hayman
Individual
Free & Clear · 1 yrs held
Mailing address
1623 TER WAY, SANTA ROSA, CA 95404-3066
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2025
—
Edward F Hayman
—
Deed
related
$620,000 · The Alan S Johnson Trust
Nov 14, 2024
$800,000
Edward F Hayman
Richard K Schultze
Grant Deed
—
Sep 18, 2020
—
Richard K Schultze
—
Deed
related
$530,000 · Summit State Bank
Jan 30, 2020
—
Schultze,richard K Trust
—
Deed
related
$151,000 · Mary Gonnella
Apr 20, 2017
—
Schultze,richard K Trust
Schultze,richard K
Quit Claim Deed
related
—
Jun 29, 2001
—
Richard K Schultze
Kor,kerri
Grant Deed
related
—
Jun 29, 2001
$240,500
Richard K Schultze
Withers,john K
Grant Deed
related
—
Aug 15, 1989
$458,000
John K I Withers
North Bay Inv Co
Grant Deed
—
—
—
Richard K Schultze
—
Deed Of Trust
related
$600,000 · Sonoma National Bank
—
—
John K Withers
—
Deed Of Trust
related
$250,000 · Sonoma National Bank
—
—
Schultze,richard K Trust
—
Deed Of Trust
related
$151,000 · Mary Gonnella
—
—
Richard K Schultze
—
Deed Of Trust
related
$200,000 · Sonoma National Bank
—
—
Richard K Schultze
—
Deed Of Trust
related
$200,000 · Sonoma National 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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