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Property profile & analytics
FOR SALE
Medical Office Space
1097 E Main St Grass Valley, CA 95945
Trust Owned
9-yr Hold
Free & Clear
Property ID
US09-1949641
For Sale
1 / 76
$1,595,000
1097 E Main St, Grass Valley, CA 95945
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Construction
WOOD
Total area
11,698 SF
Lot
1.12 ac (48,787 SF)
Zoning code
C
APN
035-350-012-000
UPID
US09-1949641
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
-
Wellness Clinic For Chronic Disease Medical Clinic
-
Whitewater Naturopathic Medicine Physician Alternative Medicine Practice
-
Happy Healthy Homes Construction Company
-
Debra Buddie Medical Clinic Alternative Medicine Practice
-
Vesel Wellness Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$880k
Owner & transaction history
Hall,jerald W & Irene Trust · 9 yrs held
Hall,jerald W & Irene Trust
since 2017
5 recorded transactions
Zoning & alternative use
C · Grass Valley, 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 Grass Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grass Valley 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
$75 / 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
$16,336
Tax year 2024
Assessed value
$1,516,934
Assessed 2024
Previous assessed
$1,516,934
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$633,860
Assessed improvement
$883,074
Applied tax rate
1.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1978
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Total area
11,698 SF
Lot
1.12 ac (48,787 SF)
Zoning code
C
APN
035-350-012-000
UPID
US09-1949641
Jurisdiction
NEVADA
Zoning & alternative use
C · Grass Valley, CA
Zoning C · permitted uses
C · Grass Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grass Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Lot
1.12 ac
Current owner
From public records · entity-resolved
Hall,jerald W & Irene Trust
Trust
Free & Clear · 9 yrs held
Mailing address
PO BOX 969, PENN VALLEY, CA 95946-0969
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2019
—
Thomassen 1994 Trust
—
Deed
related
$420,000 · Bp Properties LLC
May 24, 2017
—
Hall,jerald W & Irene Trust
Hall Family Trust 1984
Quit Claim Deed
related
—
May 17, 2012
—
Hall 1984 Family Trust
Hall 1984 Family Trust
Quit Claim Deed
related
—
Feb 16, 1993
—
Hall Elbia
Unknown
Grant Deed
related
—
—
—
Thomassen 1994 Trust
—
Loan Modification
related
$420,000 · Bp Properties 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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