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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Office buildings
880 2nd St Santa Rosa, CA 95404-4610
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0106164
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1978
Construction
WOOD
Total area
2,808 SF
Lot
0.25 ac (10,800 SF)
APN
009-063-038-000
UPID
US09-0106164
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
-
TEP Engineering Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$645k
Owner & transaction history
Hawthorne Ave LLC · 1 yrs held
Hawthorne Ave LLC
since 2024
Last sale
$640,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+26.9%
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
$660,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$815,000
Current use
MEDICAL BUILDING
$1,030,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$810,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$805,000
Change: -1% · Conversion: Easy
RETAIL STORES
$780,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $640k (Jul 31 2024)
Last sale anchor
$640k
Jul 31 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
$230 / 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
$9,388
Tax year 2024
Assessed value
$807,993
Assessed 2024
Previous assessed
$807,993
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$290,369
Assessed improvement
$517,624
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Total area
2,808 SF
Lot
0.25 ac (10,800 SF)
APN
009-063-038-000
UPID
US09-0106164
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 Current
Est. value
$815,000
MEDICAL BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$805,000
RETAIL STORES
Est. value
$780,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1978
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Hawthorne Ave LLC
Entity
Mailing address
530 LOS ALTOS CT, SANTA ROSA, CA 95403-1329
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
$640,000
Hawthorne Ave LLC
Robert T Main
Grant Deed
$577,000 · Wells Fargo Bank NA
May 16, 2023
—
Timothy David Souza
Timothy D Souza
Intrafamily Transfer
related
—
Mar 26, 2009
$640,000
Main Robert T & S A 2008 Trust
880 Second Street LLC
Grant Deed
$512,000 · Bank Of America
Nov 15, 2006
—
880 Second Street LLC
Oneel Sarah Living Trust
Grant Deed
—
Dec 11, 2003
—
O Neel,tr
O Neel,sarah
Quit Claim Deed
related
$450,000 · Luther Burbank Savings & Loan
Oct 31, 2003
—
Oneel,tr
Oneel,sarah
Quit Claim Deed
related
—
Oct 17, 2003
$500,000
Sarah Oneel
Dranginis,michael J & Joanne
Grant Deed
—
Apr 19, 1995
$100,000
Krm Financial
Ward,marshall S & Linda G
Trustees Deed
related
—
Dec 21, 1992
$445,000
Michael J Dranginis
Western Pacific
Grant Deed
$307,741 · National Redwoods Bank
Jan 23, 1992
$1,159,500
Hartmann,trust
Dev Group II
Trustees Deed
related
—
Aug 7, 1991
$216,000
Western Pacific
Zucco,gregory P
Grant Deed
related
$325,000 · Embarcadero Mortgage
—
—
Marshall S Ward
—
Deed Of Trust
related
$850,000 · Krm Financial
—
—
880 Second Street LLC
—
Deed Of Trust
related
$500,000 · Summit State Bank
—
—
Main,robert T & S A 2008 Trust
—
Deed Of Trust
related
$455,000 · Bank Of America
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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