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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office buildings
1371 Cortina Dr Orland, CA 95963-2403
Entity Owned
~
Est. High Equity
Property ID
US09-3608764
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Construction
WOOD FRAME
Total area
3,500 SF
Lot
0.41 ac (17,774 SF)
Zoning code
P-D
APN
040-320-025-000
UPID
US09-3608764
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
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$540k
Blend (final)
Blend
$615k
Owner & transaction history
Schimke Enterprises LLC
Schimke Enterprises LLC
since 2026
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
P-D · Orland, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$470,000
+24.9%
Auto repair, garage
$420,000
+10.7%
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 Orland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orland 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
$595,000
ML approach
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$375,000
Current use
MEDICAL BUILDING
$470,000
Change: +25% · Conversion: Easy
AUTO REPAIR, GARAGE
$420,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $625k (Feb 2 2026)
Last sale anchor
$625k
Feb 2 2026
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
$176 / 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
$6,548
Tax year 2024
Assessed value
$579,629
Assessed 2024
Previous assessed
$579,629
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$82,021
Assessed improvement
$497,608
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2009
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
3,500 SF
Lot
0.41 ac (17,774 SF)
Zoning code
P-D
APN
040-320-025-000
UPID
US09-3608764
Jurisdiction
GLENN
Zoning & alternative use
P-D · Orland, CA
Zoning P-D · permitted uses
P-D · Orland, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$375,000
MEDICAL BUILDING
Est. value
$470,000
AUTO REPAIR, GARAGE
Est. value
$420,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.41 ac
Current owner
From public records · entity-resolved
Schimke Enterprises LLC
Entity
Mailing address
1371 CORTINA DR, ORLAND, CA 95963-2403
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Mar 4, 2026
—
Schimke Enterprises LLC
Scott E Schimke & Theresa M Schimke
Grant Deed
—
Feb 2, 2026
$625,000
Scott E Schimke & Theresa M Schimke
Matthew And Nicole Belter Living Tr
Grant Deed
$437,500 · Tri Counties Bank
Sep 25, 2020
—
Belter,m & N Trust
Matthew Belter
Quit Claim Deed
related
—
Jan 30, 2019
—
Mitchell Belter
—
Deed
related
$221,000 · Private Individual
Nov 30, 2018
—
Matthew Belter
Nicole Belter
Quit Claim Deed
related
$265,000 · Tri Counties Bank
Nov 30, 2018
$530,000
Mitchell Belter
Orland Courtyard
Grant Deed
$212,000 · Tri Counties Bank
—
—
Mitchell J Belter
—
Deed Of Trust
related
$265,000 · Tri Counties Bank
—
—
Mitchell Belter
—
Deed Of Trust
related
$221,000 · Private Individual
—
—
Orland Courtyard
—
Deed Of Trust
related
$60,000 · L Richard Morgan Md
—
—
Orland Courtyard Gp
—
Loan Modification
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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