Back to Search
Property profile & analytics
FOR SALE
Auto shops
1000 Walnut St Red Bluff, CA 96080
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1418869
For Sale
1 / 12
$275,000
1000 Walnut St, Red Bluff, CA 96080
View Listing →
Property summary
AI-generated overview
This exceptional investment opportunity presents a vacant 2,750 square foot auto shop in Red Bluff, CA. Located on the corner of Walnut and Johnson Streets, this property boasts high visibility and traffic counts. The main building, approximately 2,400 square feet, features three shop doors, ideal for various automotive uses. A secondary 350 square foot building serves as an office. Situated on a 0.15-acre lot, the property includes two buildings, each single-story, built in 1956. The permitted zoning is C-1. The asking price is $275,000, translating to $100 per square foot. The property's APN is 029-353-006. This is a turnkey opportunity for an entrepreneur seeking a well-positioned commercial space in a thriving area. Note that existing business equipment is available for separate purchase. This property is vacant and ready for immediate occupancy.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1956
Total area
350 SF
Lot
0.16 ac (6,773 SF)
Zoning code
C-2
APN
029-353-006-000
UPID
US09-1418869
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
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
Michael D Elliott · 1 yrs held
Michael D Elliott
since 2025
2 recorded transactions
Zoning & alternative use
C-2 · Red Bluff, CA
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 Red Bluff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Red Bluff 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 2023Property tax & assessments
Tax year 2023
Tax billed
$966
Tax year 2023
Assessed value
$92,829
Assessed 2023
Previous assessed
$92,829
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$51,155
Assessed improvement
$41,674
Applied tax rate
2.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1956
Heating
NONE
Total area
350 SF
Lot
0.16 ac (6,773 SF)
Zoning code
C-2
APN
029-353-006-000
UPID
US09-1418869
Jurisdiction
TEHAMA
Zoning & alternative use
C-2 · Red Bluff, CA
Zoning C-2 · permitted uses
C-2 · Red Bluff, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Red Bluff. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Michael D Elliott
Individual
Free & Clear · 1 yrs held
Mailing address
825 JOHNSON ST, RED BLUFF, CA 96080-3256
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2025
—
Michael D Elliott
Michael D Elliott
Deed
related
—
Sep 19, 2001
—
Michael D Elliot
Elliot,michael D & Bradley D
Quit Claim Deed
related
—
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
