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Property profile & analytics
OFF-MARKET
Estimated value
$2,845,000
Retail residential properties
113 Esplanadeb Aptos, CA 95003-4501
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2274303
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1981
Construction
WOOD
Total area
1,985 SF
Lot
0.03 ac (1,481 SF)
Zoning code
C-1
APN
042-151-20
UPID
US09-2274303
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
$2.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.85M
Owner & transaction history
Commercial Court Properties LLC · 4 yrs held
Commercial Court Properties LLC
since 2022
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
C-1 · Aptos, 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 Aptos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aptos 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
$2,810,000
ML approach
$2,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.85M
Range $2.56M – $3.13M · ±10% · vs last sale $3.00M (Jun 1 2022)
Last sale anchor
$3.00M
Jun 1 2022
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
$1,433 / 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
$14,060
Tax year 2024
Assessed value
$1,021,553
Assessed 2024
Previous assessed
$1,021,553
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$721,096
Assessed improvement
$300,457
Applied tax rate
69.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
2
Units
2
Rooms
7
Total area
1,985 SF
Lot
0.03 ac (1,481 SF)
Zoning code
C-1
APN
042-151-20
UPID
US09-2274303
Jurisdiction
SANTA CRUZ
Zoning & alternative use
C-1 · Aptos, CA
Zoning C-1 · permitted uses
C-1 · Aptos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aptos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
2
Units
2
Rooms
7
Lot
0.03 ac
Current owner
From public records · entity-resolved
Commercial Court Properties LLC
Entity
Mailing address
4790 CAUGHLIN PKWY #528, RENO, NV 89519-0907
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2022
$3,000,000
Commercial Court Properties LLC
Rio Queenie Properties LLC
Grant Deed
$420,655 · Rio Queenie INC
Jul 23, 2014
—
Rio Queenie Properties LLC
Rio Queenie INC
Quit Claim Deed
related
—
Jun 2, 2014
—
Rio Queenie INC
Bianchina,richard G
Grant Deed
$2,340,000 · Richard G Bianchina
Jan 31, 2011
—
Richard G Bianchina
Bianchina,christine M
Quit Claim Deed
related
$1,000,000 · Lighthouse Bank
Jan 28, 2005
$507,500
Richard G Bianchina
Earl Property Fund I
Grant Deed
—
Apr 2, 2002
$750,000
Property Fund I Earal
Bianchina,richard G
Grant Deed
related
—
Nov 14, 2001
$700,000
Richard G Bianchina
Santa Cruz Joint Venture Trust
Grant Deed
—
Nov 14, 2001
$28,500
Santa Cruz Joint Venture Trust
Tidwell,debbie
Quit Claim Deed
related
—
Jun 14, 2001
—
Santa Cruz Joint Venture Trust
Santa Cruz Joint Venture
Quit Claim Deed
related
—
Dec 13, 1993
—
Jacquelyn,j Edgemon Trustee
Doxaor,daniel
Quit Claim Deed
related
—
—
—
Earl Property Fund I A Delawar
—
Deed Of Trust
related
$300,300 · Richard G Bianchina
—
—
Earl Property Fund I A Delawar
—
Deed Of Trust
related
$300,300 · Richard G Bianchina
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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