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Property profile & analytics
OFF-MARKET
Estimated value
$245,000
Industrial land
1445 Schwab St Red Bluff, CA 96080
Individually Owned
7-yr Hold
Free & Clear
Property ID
US09-1609908
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.88 ac (38,332 SF)
Zoning code
P-I
APN
035-490-019-000
UPID
US09-1609908
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
$245k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$245k
Owner & transaction history
Cody Lavine · 7 yrs held
Cody Lavine
since 2019
3 recorded transactions
Zoning & alternative use
P-I · Red Bluff, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 25.85 P-I, PLANNED INDUSTRIAL DISTRICTS. (A) It is intended that this district classification be applied to properties within the airport industrial park that are designated “P-I” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “P-I” in the chart marked “industrial zones and permit requir…
Zone name
Planned Industrial
General category
INDUSTRIAL
Zone area
91.74 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
Method
Estimation
Statistic approach
by Request
ML approach
$245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$245k
Range $221k – $270k · ±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
—
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
$550
Tax year 2024
Assessed value
$53,264
Assessed 2024
Previous assessed
$52,220
+2.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$37,182
Assessed improvement
$16,082
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
0.88 ac (38,332 SF)
Zoning code
P-I
APN
035-490-019-000
UPID
US09-1609908
Jurisdiction
TEHAMA
Zoning & alternative use
P-I · Red Bluff, CAZoning P-I · permitted uses
P-I · Red Bluff, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 25.85 P-I, PLANNED INDUSTRIAL DISTRICTS. (A) It is intended that this district classification be applied to properties within the airport industrial park that are designated “P-I” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “P-I” in the chart marked “industrial zones and permit requirements” in
Zone name
Planned Industrial
General category
INDUSTRIAL
Zone area
91.74 ac
Source
CHAPTER 25: ZONING
Building & site characteristics
From public records
Heating
NONE
Lot
0.88 ac
Current owner
From public records · entity-resolved
Cody Lavine
Individual
Free & Clear · 7 yrs held
Mailing address
PO BOX 8063, RED BLUFF, CA 96080-8063
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2019
$34,000
Cody Lavine
Lane,michael R & Carolyn A
Grant Deed
—
Apr 1, 2014
$11,500
Michael R Lane
Tax Collector Of Tehama County
Tax Deed
related
—
Dec 9, 1998
—
Jerrold E Arbini
Arbini,helen C
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.
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