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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Drive through restaurants
1065 Main St Red Bluff, CA 96080-4360
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2354560
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1992
Construction
WOOD
Total area
2,784 SF
Lot
1.34 ac (58,370 SF)
Zoning code
C-3
APN
033-180-074-000
UPID
US09-2354560
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
$1.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.72M
Owner & transaction history
Howard M Phou · 5 yrs held
Howard M Phou
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
C-3 · Red Bluff, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 25.70 C-3, GENERAL COMMERCIAL DISTRICTS. (A) This district classification is intended to be applied where general commercial facilities are necessary for public service and convenience that are designated “C” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “C-3” in the chart marked “comme…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
436.73 ac
Source
CHAPTER 25: ZONING
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
Method
Estimation
Statistic approach
$1,885,000
ML approach
$1,765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±10% · vs last sale $1.69M (Jun 18 2021)
Last sale anchor
$1.69M
Jun 18 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
$616 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$18,245
Tax year 2023
Assessed value
$1,758,276
Assessed 2023
Previous assessed
$1,758,276
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$468,180
Assessed improvement
$1,290,096
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
NONE
Bathrooms
2
Total area
2,784 SF
Lot
1.34 ac (58,370 SF)
Zoning code
C-3
APN
033-180-074-000
UPID
US09-2354560
Jurisdiction
TEHAMA
Zoning & alternative use
C-3 · Red Bluff, CAZoning C-3 · permitted uses
C-3 · Red Bluff, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 25.70 C-3, GENERAL COMMERCIAL DISTRICTS. (A) This district classification is intended to be applied where general commercial facilities are necessary for public service and convenience that are designated “C” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “C-3” in the chart marked “commercial zones and permit requirements” in
Zone name
General Commercial
General category
COMMERCIAL
Zone area
436.73 ac
Source
CHAPTER 25: ZONING
Building & site characteristics
From public records
Year built
1992
Construction
WOOD
Heating
NONE
Bathrooms
2
Lot
1.34 ac
Current owner
From public records · entity-resolved
Howard M Phou
Individual
Mailing address
11025 GRASS VLY RNCH RD, GRASS VALLEY, CA 95945-6935
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2021
$1,690,000
Howard M Phou
Niki Wood LLC
Grant Deed
$500,000 · Tri Counties Bank
Sep 22, 2020
—
Niki Wood LLC
—
Deed
related
$800,000 · Qala LLC
Feb 13, 2020
$1,200,000
Niki Wood LLC
Polati Family Trust
Grant Deed
—
Aug 3, 2009
—
Polati Family Trust
Polati,ernest J & Traci M
Quit Claim Deed
related
—
May 22, 2002
$988,000
Ernest J Polati
Grana Trust
Grant Deed
—
May 22, 2002
—
Ernest J Polati
Grana Trust
Grant Deed
related
—
—
—
Ernest J Polati
—
Deed Of Trust
related
$494,000 · Borel Private Bank & Trust Co
—
—
Niki Wood LLC
—
Deed Of Trust
related
$800,000 · Qala LLC
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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