Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
12757 Colfax Hwy Grass Valley, CA 95945-8808
Individually Owned
3-yr Hold
Free & Clear
Property ID
US10-2624031
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1932
Total area
1,600 SF
Lot
0.5 ac (21,780 SF)
Zoning code
C
APN
012-020-009-000
UPID
US10-2624031
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
Mark E Fleming · 3 yrs held
Mark E Fleming
since 2022
Last sale
$21,500
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
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
$872
Tax year 2024
Assessed value
$78,540
Assessed 2024
Previous assessed
$78,540
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$78,540
Applied tax rate
78.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1932
Heating
NONE
Stories
1
Bathrooms
1
Total area
1,600 SF
Lot
0.5 ac (21,780 SF)
Zoning code
C
APN
012-020-009-000
UPID
US10-2624031
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.
Building & site characteristics
From public records
Year built
1932
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Mark E Fleming
Individual
Free & Clear · 3 yrs held
Mailing address
PO BOX 925, CEDAR RIDGE, CA 95924-0925
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2022
$21,500
Mark E Fleming
Herbert Spencer Hoffman
Grant Deed
—
Apr 17, 2020
—
Herbert S Hoffman
Jeanmarie Coombs
Quit Claim Deed
related
—
Dec 6, 2019
—
Figara Trust
Angela Figara
Affidavit Of Death
related
—
Jan 26, 2012
—
Figara Trust
Cedar Ridge Investors LLC
Quit Claim Deed
—
Nov 12, 2009
$135,000
Cedar Ridge Investors LLC
Tarp Family 2003 Trust
Grant Deed
—
Oct 31, 2008
—
Tarp Family Living 2003 Trust
David E Hunter
Grant Deed
related
—
Feb 15, 2007
—
Hunter,david E & Shannon A
David E Hunter
Quit Claim Deed
related
—
Jul 29, 2005
$191,500
Hunter,david E & Shannon A
Tarp 2003 Family Trust
Grant Deed
$181,500 · Tarp 2003 Family Trust
Sep 9, 2003
—
Tarp,tr
Tarp,fredd & Sandra
Quit Claim Deed
related
—
Nov 20, 2001
$51,000
Fredd Tarp
Williams Trust
Grant Deed
—
May 7, 1991
—
Williams,william D & Virginia Tr
Unknown
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12757 Colfax Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
