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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Investment properties
1388 Ct St Redding, CA 96001-1660
Trust Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-1678930
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1975
Total area
12,132 SF
Lot
0.59 ac (25,700 SF)
APN
101-150-003-000
UPID
US09-1678930
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
-
Drew's Place Psychotherapy Services Psychotherapist Psychologist
-
Goyne Thomas R CPA Tax Preparation
-
KINNEY & KINNEY Attorneys at Law Law Firm Child Welfare Organization
-
Premier Labworks, Inc. Medical Laboratory
-
Arrowsmith Legal Services Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.10M
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.70M
Owner & transaction history
Peterson Trust · 7 yrs held
Peterson Trust
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+42.6%
Medical building
$1.7M
+21.6%
Retail stores
$1.5M
+6.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,270,000
6.5%
$2,095,000
7%
$1,945,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,415,000
Current use
RESTAURANT
$2,020,000
Change: +43% · Conversion: Difficult
MEDICAL BUILDING
$1,720,000
Change: +22% · Conversion: Easy
RETAIL STORES
$1,510,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,345,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10%
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
$140 / 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
$17,752
Tax year 2024
Assessed value
$1,679,775
Assessed 2024
Previous assessed
$1,679,775
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$351,643
Assessed improvement
$1,328,132
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1975
Heating
NONE
Stories
2
Units
4
Total area
12,132 SF
Lot
0.59 ac (25,700 SF)
APN
101-150-003-000
UPID
US09-1678930
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
RESTAURANT
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
1975
Heating
NONE
Stories
2
Units
4
Lot
0.59 ac
Current owner
From public records · entity-resolved
Peterson Trust
Trust
Mailing address
PO BOX 994225, REDDING, CA 96099-4225
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
—
R Russ Peterson
—
Deed
related
$385,000 · Cornerstone Community Bank
Apr 17, 2019
—
Peterson Trust
Peterson,r Russ & Anne K
Quit Claim Deed
related
—
Feb 20, 2008
$251,500
R Russ Peterson
Auston Paul 2002 Trust
Grant Deed
related
—
Sep 19, 2002
—
Auston,tr
Auston,paul W
Quit Claim Deed
related
—
—
—
Peterson,r Russ & Anne K
—
Deed Of Trust
related
$875,000 · Redding Bk/commerce
—
—
Peterson R R
—
Deed Of Trust
related
$250,000 · Redding Bank Of 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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