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Property profile & analytics
OFF-MARKET
Apartment buildings
1203 Hallen Dr Arcata, CA 95521-4642
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2725812
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Lot
0.84 ac (36,442 SF)
Zoning code
RH
APN
507-362-037-000
UPID
US09-2725812
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
Toby Parks · 4 yrs held
Toby Parks
since 2022
7 recorded transactions
Zoning & alternative use
RH · Arcata, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ial - Low Density (R-L) Coastal - Residential Medium Density (C-R-M) Residential - Medium Density (R-M) Coastal - Residential Medium High (C-RMH) Residential - High Density (R-H) Coastal - Residential High Density (C-R-H) Residential - High Density (R-H) Coastal - General Commercial (C-G-C) Commercial-General (C-G) Commercial Mixed (C-M) Coastal - Central Bu…
Zone name
Residential High Density
General category
RESIDENTIAL
Zone area
115.20 ac
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 Arcata submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcata 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
$11,435
Tax year 2024
Assessed value
$998,139
Assessed 2024
Previous assessed
$998,139
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$165,745
Assessed improvement
$832,394
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Heating
NONE
Lot
0.84 ac (36,442 SF)
Zoning code
RH
APN
507-362-037-000
UPID
US09-2725812
Jurisdiction
HUMBOLDT
Zoning & alternative use
RH · Arcata, CAZoning RH · permitted uses
RH · Arcata, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ial - Low Density (R-L) Coastal - Residential Medium Density (C-R-M) Residential - Medium Density (R-M) Coastal - Residential Medium High (C-RMH) Residential - High Density (R-H) Coastal - Residential High Density (C-R-H) Residential - High Density (R-H) Coastal - General Commercial (C-G-C) Commercial-General (C-G) Commercial Mixed (C-M) Coastal - Central Business District (C-CBD) Commercial-Central (C-C) Coastal - Thoroughfare C
Zone name
Residential High Density
General category
RESIDENTIAL
Zone area
115.20 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.84 ac
Current owner
From public records · entity-resolved
Toby Parks
Individual
Mailing address
155 PURDUE AVE, KENSINGTON, CA 94708-1032
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2022
—
Toby Parks
Toby Robb Parks
Intrafamily Transfer
related
—
Mar 8, 2021
—
Jon Parks Tyler
Jon Parks Tyler
Intrafamily Transfer
related
—
Jul 28, 2020
—
Toby Robb Parks
—
Deed
related
$5,000 · Capital Bank
Mar 27, 2020
—
Toby R Parks
Bypass Parks Trust
Quit Claim Deed
—
Dec 8, 2009
—
Parks Trust
Parks Family Trust
Quit Claim Deed
related
—
Jan 12, 2006
—
Parks Family Trust
Parks,robert E & Susan R
Quit Claim Deed
related
—
Feb 9, 1983
—
Robert E Parks
—
Grant Deed
related
—
—
—
Robert E Parks
—
Deed Of Trust
related
$626,000 · Luther Burbank Savings & Loan
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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