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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Turn key restaurants
1244 Hartnell Ave Redding, CA 96002-2229
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1237979
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1987
Lot
0.41 ac (17,859 SF)
APN
067-200-034-000
UPID
US09-1237979
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
-
Mueller Chiropractic Alternative Medicine Practice
-
Steven Mueller Chiropractic Alternative Medicine Practice
-
Smokehaus Pizza and Pints Restaurant
-
Gary Lee Richardson Alternative Medicine Practice
-
Dr. Gary Richardson Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Gweilo Venture LLC · 3 yrs held
Gweilo Venture LLC
since 2022
Last sale
$585,000
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 Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding 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
$480,000
ML approach
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $585k (Oct 17 2022)
Last sale anchor
$585k
Oct 17 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
—
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
$6,641
Tax year 2024
Assessed value
$596,700
Assessed 2024
Previous assessed
$596,700
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$127,500
Assessed improvement
$469,200
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
1987
Heating
NONE
Stories
1
Lot
0.41 ac (17,859 SF)
APN
067-200-034-000
UPID
US09-1237979
Jurisdiction
SHASTA
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
1987
Heating
NONE
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Gweilo Venture LLC
Entity
Mailing address
1675 HILLTOP DR STE P, REDDING, CA 96002-0255
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
Oct 17, 2022
$585,000
Gweilo Venture LLC
James B Mathewson
Grant Deed
$409,500 · Golden Valley Bank
Nov 16, 2017
—
Mathewson,james B Trust
—
Deed
related
$136,000 · Redding Bk/commerce
Apr 24, 2001
—
Mathewson Trust
Mathewson,james B
Quit Claim Deed
related
—
—
—
James B Mathewson
—
Deed Of Trust
related
$14,750 · Cowling Trust
—
—
Mathewson James B 1996 Trust
—
Deed Of Trust
related
$176,000 · Scott Valley Bank
—
—
James B Mathewson
—
Deed Of Trust
related
$225,000 · Tehama County Bank
—
—
Mathewson,james B Trust
—
Deed Of Trust
related
$136,000 · Redding Bk/commerce
—
—
Mathewson,james B Trust
—
Deed Of Trust
related
$136,000 · Redding Bk/commerce
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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