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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Banks
500 3rd St, Santa Rosa, CA 95401-6321
Individually Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2402789
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1973
Construction
TILT-UP CONCRETE
Total area
8,146 SF
Lot
0.35 ac (15,200 SF)
APN
010-063-014-000
UPID
US10-2402789
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
-
WaFd Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
Burbank Invstr Svcs · 14 yrs held
Burbank Invstr Svcs
since 2011
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$840,000
+70.5%
Auto repair, garage
$830,000
+68.8%
Restaurant
$830,000
+68.6%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$495,000
Current use
MEDICAL BUILDING
$840,000
Change: +71% · Conversion: Difficult
AUTO REPAIR, GARAGE
$830,000
Change: +69% · Conversion: Difficult
RESTAURANT
$830,000
Change: +69% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$830,000
Change: +68% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$775,000
Change: +57% · Conversion: Difficult
OFFICE BUILDING
$740,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$66 / 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
$46,736
Tax year 2024
Assessed value
$3,800,000
Assessed 2024
Previous assessed
$3,800,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$950,000
Assessed improvement
$2,850,000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1973
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
8,146 SF
Lot
0.35 ac (15,200 SF)
APN
010-063-014-000
UPID
US10-2402789
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
FINANCIAL BUILDING Current
Est. value
$495,000
MEDICAL BUILDING
Est. value
$840,000
AUTO REPAIR, GARAGE
Est. value
$830,000
RESTAURANT
Est. value
$830,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$830,000
INDUSTRIAL (GENERAL)
Est. value
$775,000
OFFICE BUILDING
Est. value
$740,000
FINANCIAL BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1973
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Burbank Invstr Svcs
Individual
Mailing address
520 3RD ST, SANTA ROSA, CA 95401-6413
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Oct 31, 2011
—
Burbank Invstr Svcs
Luther Burbank Svgs
Quit Claim Deed
—
Aug 21, 2008
$2,100,000
Luther Burbank Svgs
Standard Trust Deed Svc Co
Trustees Deed
related
—
Jun 29, 2004
$1,750,000
Gulati,tr
Traverso,invbestments
Grant Deed
$1,050,000 · Traverso Invbestments
—
—
Gulati Hardip S 2001 Trust
—
Deed Of Trust
related
$300,000 · Clement C & Ann M Carinalli
—
—
Gulati,tr
—
Deed Of Trust
related
$612,000 · Clement C & Ann M Carinalli
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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