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Property profile & analytics
OFF-MARKET
Estimated value
$2,865,000
Turn key restaurants
1240 Broadway Placerville, CA 95667-5806
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-2495293
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Construction
WOOD
Total area
2,215 SF
Lot
0.29 ac (12,632 SF)
APN
004-261-022-000
UPID
US09-2495293
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
$2.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.87M
Owner & transaction history
Thomas Concord LLC · 4 yrs held
Thomas Concord LLC
since 2021
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
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 Placerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Placerville 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
$2,740,000
ML approach
$2,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.87M
Range $2.58M – $3.15M · ±10% · vs last sale $3.00M (Aug 3 2021)
Last sale anchor
$3.00M
Aug 3 2021
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
$1,293 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$32,583
Tax year 2023
Assessed value
$3,060,000
Assessed 2023
Previous assessed
$3,060,000
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,020,000
Assessed improvement
$2,040,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
2,215 SF
Lot
0.29 ac (12,632 SF)
APN
004-261-022-000
UPID
US09-2495293
Jurisdiction
EL DORADO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Thomas Concord LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1224 LINCOLN AVE, WALNUT CREEK, CA 94596-4635
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
—
Thomas Concord LLC
—
Deed
related
$1,500,000 · First Northern Bank Of Dixon
Aug 3, 2021
$3,000,000
Thomas Concord LLC
Richard Allen Ahart JR
Grant Deed
—
Mar 20, 2015
—
The Ahart Family 1995 Revocable Tru
Richard Allen Ahart JR
Intrafamily Transfer
related
$1,020,000 · Umpqua Bank
Apr 25, 2014
$950,000
Ahart 1995 Family Trust
Investment Prop Exchange Svcs
Grant Deed
—
Mar 31, 2011
—
Puba Props Ca Gp
Owner Name Unavailable
Grant Deed
related
—
Nov 6, 2008
—
Puba Props Ca LLC
Owner Name Unavailable
Grant Deed
related
—
Dec 11, 2007
—
Puba Properties LLC
Puba Properties
Quit Claim Deed
$4,335,000 · Bank Of America
Jul 30, 2004
—
Puba Properties
—
Deed Of Trust
related
$3,100,000 · Sonoma National Bank
May 30, 1989
$297,500
Jones,darrell
Otterbeck,oscar
Trustees Deed
—
May 30, 1989
—
Pastorino,john
Taco,bell
Trustees Deed
related
—
May 31, 1979
—
Puba Properties
—
Grant Deed
related
—
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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