Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    893 Grv St Healdsburg, CA 95448-4762
    Back to Search
    Property profile & analytics

    893 Grv St, Healdsburg, CA 95448-4762

    View on Map
    • Motels
    • 704 SF
    • 1.79 lot acres
    Off-Market
    Last Sale Nov 10, 2022
    $5,000,000
    Property ID
    US09-2217158
    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
    $5,070,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 893 Grv St

    Year built
    1973
    Construction
    WOOD
    Lot size
    1.79 lot acres
    Property type
    Motels
    APN
    089-120-070-000
    APU
    89120070000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 28, 2024 — 891 Grove Street LLC — Deed · related $5.1M · Craig Ramsey
    Nov 10, 2022 — 891 Grove Street LLC 891 Grove Street LLC Intrafamily Transfer · related —
    Jun 2, 2021 — 891 Grove Street LLC Craig Ramsey Quit Claim Deed · related —
    Jul 13, 2020 — Craig Ramsey Kelly Ramsey Quit Claim Deed · related —
    Jul 13, 2020 $5,000,000 Craig Ramsey Fowler LLC Grant Deed —
    May 16, 2018 — Fowler LLC — Grant Deed · related $2.6M · Altapacific Bk
    Jan 28, 2003 — Fowler LLC Fowler,steven J & Catherine M Quit Claim Deed · related —
    Dec 27, 2002 — Steven J Fowler — Deed Of Trust · related $1.8M · Richard & Erleen Ludwig
    Aug 7, 1998 — Anne W Blair Greiner,henry Grant Deed · related —
    Dec 12, 1995 — Hodgson Trust Hodgson,darel E & Janine M Quit Claim Deed · related —
    Aug 12, 1994 — Darel E Hodgson Hodgson Trust Quit Claim Deed · related $186k · Integrated Capital Group
    Jun 7, 1989 — Hodgson,darel E Flynn,martin Trustees Deed · related —
    — — Fowler LLC — Deed Of Trust · related $350k · Newtek Small Busn Fin
    — — Darel E Hodgson — Deed Of Trust · related —
    — — Steven J Fowler — Deed Of Trust · related $100k · Fountain Grove Mortgage
    — — Fowler LLC — Deed Of Trust · related $976k · First Business Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,120,000
      ML approach
      $5,165,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Healdsburg
    County
    Sonoma
    State
    California
    Longitude
    -122.877
    Latitude
    38.6204
    CBSA code
    42220
    CBSA name
    SANTA ROSA-PETALUMA, 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
    $21,864
    $936,360
    $955,128
    $1,891,488
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.22 Acres

      Healdsburg, CA 95448

      MOTEL
      Healdsburg, CA 95448
      View Details
    • Value Estimation
      $550,000
      4,204 SF

      334 Ctr St

      MOTEL
      334 Ctr St, Healdsburg, CA 95448-4117
      View Details
    • Value Estimation
      $1,335,000
      10,948 SF

      154 Dry Crk Rd

      MOTEL
      154 Dry Crk Rd, Healdsburg, CA 95448
      View Details
    • Value Estimation
      $555,000
      2,910 SF

      461 Healdsburg Ave

      MOTEL
      461 Healdsburg Ave, Healdsburg, CA 95448-3814
      View Details
    • Value Estimation
      $2,880,000
      25,439 SF

      331 Healdsburg Ave

      MOTEL
      331 Healdsburg Ave, Healdsburg, CA 95448-4105
      View Details
    • Value Estimation
      $2,425,000
      19,727 SF

      401 Healdsburg Ave

      MOTEL
      401 Healdsburg Ave, Healdsburg, CA 95448-3814
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,948 SF

      Turnkey Boutique Hotel in Healdsburg

      Boutique hotel in Healdsburg's wine country, a rare opportunity.
      178 Dry Creek Rd, Healdsburg, CA 95448
      View Details
    • Contact for pricing
      27,734 SF

      Sonoma Wine Country Compound

      19-acre Sonoma wine country compound with winery and residence.
      13410 Chalk Hill Rd, Healdsburg, CA 95448
      View Details
    • $950,000
      1,700 SF

      Healdsburg Office Building For Sale

      Well-maintained office building with owner financing potential in Healdsburg.
      1241 Grove St, Healdsburg, CA 95448
      View Details
    • $165,000
      3,000 SF

      Full Service Nail Salon

      Nail salon with spa and tanning bed for sale.
      449 Center St, Healdsburg, CA 95448
      View Details
    • $499,000

      Healdsburg Acreage with Valley Views

      40 acres near Healdsburg with well, springs, and views.
      6445 Mountain View Ranch Rd, Healdsburg, CA 95448
      View Details
    • $1,750,000

      Healdsburg Estate Parcel with Olive Grove

      10+ acre estate parcel with producing olive grove near town.
      1077 Westside Rd, Healdsburg, CA 95448
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Healdsburg Office Space

      Professional office space near Healdsburg Plaza with on-site parking.
      230 Center St, Healdsburg, CA 95448
      View Details
    • Contact for pricing

      Healdsburg Retail or Commercial Space

      Second-floor corner suite near Healdsburg Plaza with full kitchen.
      401 Center St, Healdsburg, CA 95448
      View Details
    • $14,000 /Mo
      8,600 SF

      Healdsburg Industrial Complex For Rent

      Commercial/industrial complex with buildings and yard space in Healdsburg, CA.
      16 Healdsburg Ave, Healdsburg, CA 95448
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    893 Grv St
    Healdsburg, CA 95448-4762
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    893 Grv St, Healdsburg, CA, 95448
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!