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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Industrial properties
843 2nd St Santa Rosa, CA 95404-4609
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0210020
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1912
Construction
WOOD
Total area
1,722 SF
Lot
0.09 ac (4,000 SF)
APN
009-062-032-000
UPID
US09-0210020
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
-
Hoenig & Associates Law Firm
-
Jean Kapolchok & Associates Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$546k
Blend (final)
Blend
$640k
Owner & transaction history
Three Eyes Properties LLC · 4 yrs held
Three Eyes Properties LLC
since 2021
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$635,000
+28.4%
Office building
$500,000
+1.2%
Auto repair, garage
$495,000
+0.7%
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
$690,000
ML approach
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$495,000
Current use
MEDICAL BUILDING
$635,000
Change: +28% · Conversion: Easy
OFFICE BUILDING
$500,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$495,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$480,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $625k (Dec 1 2021)
Last sale anchor
$625k
Dec 1 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
$372 / 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
$5,842
Tax year 2024
Assessed value
$505,000
Assessed 2024
Previous assessed
$505,000
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$125,000
Assessed improvement
$380,000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1912
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
1
Rooms
7
Bathrooms
2
Total area
1,722 SF
Lot
0.09 ac (4,000 SF)
APN
009-062-032-000
UPID
US09-0210020
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
COMMERCIAL (GENERAL) Current
Est. value
$495,000
MEDICAL BUILDING
Est. value
$635,000
OFFICE BUILDING
Est. value
$500,000
AUTO REPAIR, GARAGE
Est. value
$495,000
RETAIL STORES
Est. value
$480,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1912
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
7
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Three Eyes Properties LLC
Entity
Mailing address
PO BOX 470, SANTA ROSA, CA 95402-0470
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2021
$625,000
Three Eyes Properties LLC
Jean A Kapoichok
Grant Deed
$437,500 · Thomas E Davis And Janet L Davis Re
Jan 12, 2017
—
Jean A Kapolchok
—
Deed
related
$352,000 · Redwood Cu
Jul 25, 2007
—
Michael R Hogan
Hogan Land Services INC
Quit Claim Deed
related
—
Jul 25, 2007
$575,000
Kapolchok,jean A
Hogan,michael R & Pamela L
Grant Deed
$352,000 · Redwood Cu
Jun 10, 2004
$385,000
Michael R Hogan
Coughlan,constance
Grant Deed
$360,000 · Sonoma National Bank
Aug 4, 1995
—
Liu Trust
Janders,heinz
Grant Deed
related
—
—
—
Constance Coughlan
—
Deed Of Trust
related
$17,600 · National Pacific Mortgage Corp
—
—
Michael R Hogan
—
Deed Of Trust
related
$126,958 · Shield One Trust
—
—
Jean A Kapolchok
—
Loan Modification
related
$352,000 · Redwood Cu
—
—
Constance Coughlan
—
Deed Of Trust
related
$295,000 · Princeton Capital
—
—
Michael R Hogan
—
Deed Of Trust
related
$60,000 · Gay W Hogan
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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