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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Office Spaces
617 State St Ukiah, CA 95482-4912
Trust Owned
Free & Clear
Property ID
US09-2479045
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Lot
0.18 ac (7,802 SF)
APN
002-302-60-00
UPID
US09-2479045
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
-
Kobetz Realty, Inc. Real Estate Agency
-
Hometown Shopper Event Planning Party Supply Store
-
Nathan Fine, Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
A & B Kobetz Family Living Trust
A & B Kobetz Family Living Trust
since 2026
Last sale
$675,000
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 Ukiah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ukiah 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
$640,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $675k (Feb 15 2023)
Last sale anchor
$675k
Feb 15 2023
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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,073
Tax year 2023
Assessed value
$84,547
Assessed 2023
Previous assessed
$84,547
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$76,051
Assessed improvement
$8,496
Applied tax rate
3.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.18 ac (7,802 SF)
APN
002-302-60-00
UPID
US09-2479045
Jurisdiction
MENDOCINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
A & B Kobetz Family Living Trust
Trust
Free & Clear · 0 yrs held
Mailing address
1240 EL DORADO RD, UKIAH, CA 95482-3620
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2026
—
A & B Kobetz Family Living Trust
Benjamin Aaron Kobetz
Deed
related
—
Jan 8, 2026
—
Benjamin Aaron Kobetz
—
Deed
related
$566,250 · Savings Bank Of Mendocino County
Feb 15, 2023
$675,000
Benjamin Aaron Kobetz
Frederick K Wong
Grant Deed
$506,250 · Savings Bank Of Mendocino County
Aug 5, 2021
—
Richard T Wong
Richard T Wong
Intrafamily Transfer
related
—
May 24, 2021
$275,000
Richard T Wong
John Paju
Grant Deed
—
Feb 25, 2020
—
Maberry,wong Family Trust
Richard T Wong
Quit Claim Deed
related
—
Jan 29, 2020
—
Anna S Wong
Anna S Wong
Deed
related
—
Jan 15, 2020
—
Wong,frederick K Living Trust
Frederick K Wong
Quit Claim Deed
related
—
Oct 10, 2019
—
Richard T Wong
Wong Anna S 1998 L/tr
Quit Claim Deed
related
—
Sep 27, 2001
—
Paju Trust
Paju,john A
Quit Claim Deed
related
—
Nov 20, 1998
—
Wong Trust
Wong,anna S
Quit Claim Deed
related
—
Jan 30, 1998
$12,500
John A Paju
Safeway INC
Quit Claim Deed
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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