Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
135 Main St Red Bluff, CA 96080-3816
Individually Owned
13-yr Hold
Free & Clear
Property ID
US10-2805146
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
WOOD
Total area
864 SF
Lot
0.13 ac (5,749 SF)
Zoning code
C-3
APN
033-090-010-000
UPID
US10-2805146
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
Bushgen,rick E · 13 yrs held
Bushgen,rick E
since 2012
2 recorded transactions
Zoning & alternative use
C-3 · Red Bluff, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 25.70 C-3, GENERAL COMMERCIAL DISTRICTS. (A) This district classification is intended to be applied where general commercial facilities are necessary for public service and convenience that are designated “C” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “C-3” in the chart marked “comme…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
436.73 ac
Source
CHAPTER 25: ZONING
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 Red Bluff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Red Bluff 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,158
Tax year 2023
Assessed value
$118,351
Assessed 2023
Previous assessed
$118,351
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$35,504
Assessed improvement
$82,847
Applied tax rate
2.0000
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
OFFICE BUILDING
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Rooms
2
Bathrooms
1
Total area
864 SF
Lot
0.13 ac (5,749 SF)
Zoning code
C-3
APN
033-090-010-000
UPID
US10-2805146
Jurisdiction
TEHAMA
Zoning & alternative use
C-3 · Red Bluff, CAZoning C-3 · permitted uses
C-3 · Red Bluff, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 25.70 C-3, GENERAL COMMERCIAL DISTRICTS. (A) This district classification is intended to be applied where general commercial facilities are necessary for public service and convenience that are designated “C” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “C-3” in the chart marked “commercial zones and permit requirements” in
Zone name
General Commercial
General category
COMMERCIAL
Zone area
436.73 ac
Source
CHAPTER 25: ZONING
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
NONE
Rooms
2
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Bushgen,rick E
Individual
Free & Clear · 13 yrs held
Mailing address
135 MAIN ST, RED BLUFF, CA 96080-3816
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2012
$100,000
Bushgen,rick E
Chapin Mickey Trust
Grant Deed
—
Sep 1, 2005
—
Chapin,mickey Trust
Chapin,christopher & Michelle
Quit Claim 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 135 Main St?
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.
