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Property profile & analytics
FOR LEASE
Mobile home & RV parks
1280 Wagstaff Rd Paradise, CA 95969
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2967927
For Lease
1 / 4
$475/Mo
1280 Wagstaff Rd, Paradise, CA 95969
View Listing →
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1965
Construction
WOOD
Total area
1,240 SF
Lot
12.48 ac (543,628 SF)
Zoning code
MF
APN
050-190-053-000
UPID
US10-2967927
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
-
Sherwood Forest Mobile Home Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.83M
Owner & transaction history
Sherwood Forest Mhp LLC · 2 yrs held
Sherwood Forest Mhp LLC
since 2024
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
MF · Paradise, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The multiple-family residential zone is intended for land areas that are planned or are existing multiple-family residential areas
Zone name
Multiple Family Residential
General category
RESIDENTIAL
Zone area
358.22 ac
Source
Realmo
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 Paradise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paradise 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
$1,825,000
ML approach
$1,825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.83M
Range $1.64M – $2.01M · ±10% · vs last sale $1.83M (Apr 19 2024)
Last sale anchor
$1.83M
Apr 19 2024
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
$1,472 / 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
$15,018
Tax year 2024
Assessed value
$1,248,480
Assessed 2024
Previous assessed
$1,248,480
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$208,080
Applied tax rate
5.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
For Lease
Year built
1965
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Units
72
Total area
1,240 SF
Lot
12.48 ac (543,628 SF)
Zoning code
MF
APN
050-190-053-000
UPID
US10-2967927
Jurisdiction
BUTTE
Zoning & alternative use
MF · Paradise, CAZoning MF · permitted uses
MF · Paradise, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The multiple-family residential zone is intended for land areas that are planned or are existing multiple-family residential areas
Zone name
Multiple Family Residential
General category
RESIDENTIAL
Zone area
358.22 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Units
72
Lot
12.48 ac
Current owner
From public records · entity-resolved
Sherwood Forest Mhp LLC
Entity
Mailing address
864 BAUER DR, SAN CARLOS, CA 94070-3638
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2024
$1,826,000
Sherwood Forest Mhp LLC
1280 Wagstaff LLC
Grant Deed
$1,385,329 · 1280 Wagstaff LLC
Apr 19, 2024
—
Sherwood Forest Partners LLC
Sherwood Forest Mhp LLC
Agreement Of Sale
—
Jun 29, 2022
—
1280 Wagstaff LLC
Richard Held
Grant Deed
—
Jun 30, 2016
—
Held Family Living Trust
—
Deed
related
$2,200,000 · Bank Of The West
Sep 5, 2013
—
Held Family Living Trust
Held,richard L & Roberta E
Quit Claim Deed
related
—
Nov 16, 2011
$2,750,000
Held,richard L & Roberta E
Hardesty,timothy E
Grant Deed
$1,785,000 · Bank Of The West
Apr 1, 2005
—
Leslie T Brennecke
Wilson Family Trust
Grant Deed
$1,550,000 · Union Bank Of California
Apr 5, 1994
—
Taylor Trust
Taylor,lester E
Quit Claim Deed
related
—
Aug 10, 1989
$1,430,000
Wilson Family Trust|sherwood Forest Mobile & Db Et
—
Grant Deed
related
$1,000,000
—
—
Held Family Living Trust
—
Loan Modification
related
$2,200,000 · Bank Of The West
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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