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    723 Main St Woodland, CA 95695-3406
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    Property profile & analytics

    723 Main St, Woodland, CA 95695-3406

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    • Office buildings
    • 36,017 SF
    • 0.39 lot acres
    Off-Market
    Last Sale Jun 8, 2021
    $2,160,000
    Property ID
    US09-1349106
    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.

    Value Estimations
    $2,495,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The City of Trees Pest Solutions / Garden Center
    • MyBrotherSteve.com Computer Services, Repairs & Web Design / Computer & Electronic Repair
    • I.O.O.F. Building / Tour Operator

    Property Details for 723 Main St

    Year built
    1903
    Construction
    TILT-UP CONCRETE
    Lot size
    0.39 lot acres
    Zone code
    CBD
    Property type
    Office buildings
    APN
    005-224-004-000
    APU
    5224004000

    Description

    This exceptional mixed-use investment opportunity presents a remarkable 36,017 square foot, four-story building located at 723 Main Street in Woodland, California. Built in 1906 and renovated in 1982, this Class B property boasts a prominent location within the Woodland Downtown District, potentially offering tax advantages (verification with the city is recommended). The building, situated on a 0.39-acre lot, features 56 units across four floors, including a basement, and currently enjoys an 80% occupancy rate, projected to continue until January 1, 2025. The property includes 23 parking spaces and is zoned for office use. Currently housing a diverse range of 45 tenants, including a significant anchor tenant, the building offers a strong net operating income (NOI) of $255,000, with an asking price of $2,779,000 ($77.16 per square foot). The building's diverse tenancy includes businesses such as a cheesesteak restaurant, computer repair, web design, network services, legal offices, photography studio, accounting firms, construction company, driving school, custom shirt printing, and a tattoo shop. Many tenants have established long-term presences. Opportunities exist to enhance cash flow by subdividing some larger suites. Rent bumps are in place. This landmark property, listed on the National Register of Historic Places, presents a unique chance to acquire a well-established, income-producing asset in a thriving downtown area. The APN is 005-224-004.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,625,000
      ML approach
      $2,810,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,156,000
      Market price range: $3.16M - $8.99M
      AI Estimate
      $2,047,000
      Market price range: $2.05M - $7.67M

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


    Location Insight

    • Map
    • Local Demand
    City
    Woodland
    County
    Yolo
    State
    California
    Longitude
    -121.771
    Latitude
    38.6778
    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
    $23,989
    $270,504
    $1,976,760
    $2,247,264
    -
    $0.00
    $0.00
    $0.00
    More about this property
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