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Property profile & analytics
OFF-MARKET
Turn key restaurants
11859 Tammy Way Grass Valley, CA 95949-6626
Individually Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0389886
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1965
Construction
WOOD
Total area
1,936 SF
Lot
0.49 ac (21,344 SF)
Zoning code
C1
APN
020-400-022-000
UPID
US09-0389886
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
-
Farm to Table Catering Wedding Service Event Planning
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
The Frank & Kathleen Herwatt 2008 T · 11 yrs held
The Frank & Kathleen Herwatt 2008 T
since 2014
7 recorded transactions
Zoning & alternative use
C1 · 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
—
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
$3,554
Tax year 2024
Assessed value
$288,672
Assessed 2024
Previous assessed
$288,672
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$117,825
Assessed improvement
$170,847
Applied tax rate
72.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
1,936 SF
Lot
0.49 ac (21,344 SF)
Zoning code
C1
APN
020-400-022-000
UPID
US09-0389886
Jurisdiction
NEVADA
Zoning & alternative use
C1 · Grass Valley, CA
Zoning C1 · permitted uses
C1 · 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
1965
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
The Frank & Kathleen Herwatt 2008 T
Individual
Mailing address
405 S PNE ST, NEVADA CITY, CA 95959-2723
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2014
$245,000
The Frank & Kathleen Herwatt 2008 T
Terry N Thies
Grant Deed
$238,500 · River Valley Community Bank
Aug 19, 2010
$200,000
Thies Family Trust
Fargo Bk Wells
Grant Deed
—
Sep 30, 2009
$330,000
Wells Fargo Bk
Wt Capital Lender Services
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Dec 11, 1998
$180,000
Clem Corp
Monks,sharon R
Grant Deed
$150,000 · Seller
Aug 30, 1994
—
Sharon R Monks
Monks,ronald C & Sharon R
Quit Claim Deed
related
—
Oct 21, 1993
$109,000
Ronald C Monks
Beneficial Ca In
Grant Deed
$92,700 · Beneficial California INC
Dec 30, 1988
$169,000
Samuel J Cragle
Unknown
Grant Deed
related
—
—
—
Ronald C Monks
—
Deed Of Trust
related
$30,000 · Individual
—
—
Clem Corp
—
Deed Of Trust
related
$36,000 · Individual
—
—
Sharon R Monks
—
Deed Of Trust
related
$36,000 · Lewis Trust
—
—
Clem Corp
—
Deed Of Trust
related
—
—
—
Clem Corp
—
Deed Of Trust
related
$25,000 · Deluca Trust
—
—
Clem Corp
—
Deed Of Trust
related
$60,000 · Charles Fox
—
—
Clem Corp
—
Deed Of Trust
related
$270,000 · Lofton Trust
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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