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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Manufacturing properties
1415 Whispering Pnes Ln Grass Valley, CA 95945-5976
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1847076
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2004
Construction
TILT-UP CONCRETE
Total area
15,960 SF
Lot
2.42 ac (105,415 SF)
Zoning code
C
APN
009-690-002-000
UPID
US09-1847076
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
$1.71M
Blend (final)
Blend
$1.45M
Owner & transaction history
Boblin Investments LLC · 4 yrs held
Boblin Investments LLC
since 2022
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±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
$91 / 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
$23,615
Tax year 2024
Assessed value
$1,785,000
Assessed 2024
Previous assessed
$1,785,000
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$510,000
Assessed improvement
$1,275,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2004
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
15,960 SF
Lot
2.42 ac (105,415 SF)
Zoning code
C
APN
009-690-002-000
UPID
US09-1847076
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
2004
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.42 ac
Current owner
From public records · entity-resolved
Boblin Investments LLC
Entity
Mailing address
1650 CORDILLERAS RD, EMERALD HILLS, CA 94062-3210
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2022
—
Boblin Investments LLC
Linda Merslich
Grant Deed
—
Jun 1, 2022
$2,550,000
Linda Merslich
Reynold C Johnson
Grant Deed
$1,460,875 · Oak Valley Community Bank
Jun 1, 2022
—
Linda Merslich
Robert Merslich
Intrafamily Transfer
related
—
May 10, 2016
—
The Johnson Family Trust
Reynold C Johnson III
Intrafamily Transfer
related
$1,650,000 · Community 1st Bank
Nov 25, 2002
—
Johnson,tr
—
Trustees Deed
related
$1,800,000 · Citizens Bank Nevada County
Jun 6, 2001
$125,000
Johnson Trust
Gibbs,michael E & Peggy J
Grant Deed
—
Apr 5, 2001
—
Nevada County (ca)
Gibbs Trust
Grant Deed
related
—
May 31, 2000
—
Main Investors North
—
Grant Deed
related
$800,000 · Citizens Bank Nevada County
Apr 12, 2000
—
Gibbs Trust
Gibbs,michael E & Peggy J
Quit Claim Deed
related
—
Sep 13, 1999
—
Michael E Gibbs
Town & Country
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.
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