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Property profile & analytics
FOR SALE
Retail space
9585 Main St Penngrove, CA 94951
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0285840
For Sale
1 / 15
$850,000
9585 Main St, Penngrove, CA 94951
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1945
Construction
WOOD
Total area
3,200 SF
Lot
0.14 ac (6,000 SF)
APN
047-181-004-000
UPID
US09-0285840
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
-
Pengrove Motorcycle Clothing Clothing & Fashion Store
-
Penngrove Motorcycle Company Auto Repair Shop Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mft Penngrove LLC · 13 yrs held
Mft Penngrove LLC
since 2013
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 Penngrove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Penngrove 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,875
Tax year 2024
Assessed value
$762,318
Assessed 2024
Previous assessed
$762,318
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$321,540
Assessed improvement
$440,778
Applied tax rate
138.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1945
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Total area
3,200 SF
Lot
0.14 ac (6,000 SF)
APN
047-181-004-000
UPID
US09-0285840
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
Building & site characteristics
From public records
Year built
1945
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Mft Penngrove LLC
Entity
Free & Clear · 13 yrs held
Mailing address
4879 GRV ST, SONOMA, CA 95476-6052
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2013
—
Mft Penngrove LLC
Martinelli Family Trust
Grant Deed
—
Aug 11, 2008
—
David Martinelli
Martinelli,david & Teresa
Quit Claim Deed
related
—
Oct 6, 2005
$729,000
David Martinelli
Mertes Family
Grant Deed
$429,000 · Mertes Family LP
Oct 9, 2002
—
Mertes Family LP
Mertes,tr
Quit Claim Deed
related
—
Mar 8, 2001
—
Mertes Trust
Mertes,anthony U
Quit Claim Deed
related
—
Jul 23, 1999
$600,000
Anthony U Mertes
Bowen,joseph B & Dianne S
Grant Deed
—
Jul 23, 1996
$84,500
Joseph B Bowen
Crosby,darrell G & Betty P
Grant Deed
—
Oct 29, 1990
$225,000
Darrell G Crosby
Phipps,willis H
Grant Deed
$175,000 · Seller
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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