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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Office buildings
124 Bank St Grass Valley, CA 95945-6519
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0352162
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1891
Construction
WOOD
Total area
3,886 SF
Lot
0.25 ac (10,890 SF)
Zoning code
C
APN
008-348-008-000
UPID
US09-0352162
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
-
East Main Auto Sales Car Dealership
-
Alloro Cucina Italiana Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$399k
Blend (final)
Blend
$505k
Owner & transaction history
Enrique Torres
Enrique Torres
since 2026
Last sale
$670,000
7 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$665,000
Current use
COMMERCIAL (GENERAL)
$635,000
Change: -4% · Conversion: Easy
RETAIL STORES
$570,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $670k (Feb 13 2026)
Last sale anchor
$670k
Feb 13 2026
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
$130 / 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
$5,027
Tax year 2024
Assessed value
$438,962
Assessed 2024
Previous assessed
$438,962
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$92,205
Assessed improvement
$346,757
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1891
Construction
WOOD
Heating
BASEBOARD
Cooling
CENTRAL
Stories
3
Units
1
Total area
3,886 SF
Lot
0.25 ac (10,890 SF)
Zoning code
C
APN
008-348-008-000
UPID
US09-0352162
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$635,000
RETAIL STORES
Est. value
$570,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1891
Construction
WOOD
Heating
BASEBOARD
Cooling
Yes
Stories
3
Units
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Enrique Torres
Individual
Mailing address
10160 SKYLINE DR, GRASS VALLEY, CA 95945-8519
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Feb 13, 2026
$670,000
Enrique Torres
Oscar G Fistarol
Grant Deed
$300,000 · Oscar G Fistarol Etux
Mar 23, 1999
$265,000
Oscar G Fistarol
Westamerica Bancorporation
Grant Deed
$145,100 · Placer Savings Bank
Dec 14, 1998
$244,000
Westamerica Bancorporation
Harte,james E
Trustees Deed
related
—
Sep 12, 1995
$360,000
James E Harte
Bank Of Commerce
Grant Deed
$250,000 · Bank Of Commerce
Jan 12, 1995
$174,136
Bank Of Commerce
Sebastian,richard E & Heidelott
Trustees Deed
related
—
Apr 16, 1991
—
Richard E Sebastian
Unknown
Grant Deed
related
—
—
—
Oscar G Fistarol
—
Deed Of Trust
related
$250,000 · Tri Counties Bank
—
—
Oscar G Fistarol
—
Deed Of Trust
related
$88,000 · Edf Resource Capital INC
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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