New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Retail residential properties
14621 Kit Ln, Occidental, CA 95465-8900
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-2636185
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2018
Construction
WOOD
Total area
1,758 SF
Lot
0.07 ac (3,091 SF)
APN
074-340-015-000
UPID
US09-2636185
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
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.01M
Owner & transaction history
Melinda Leslie Hershon · 5 yrs held
Melinda Leslie Hershon
since 2021
Last sale
$960,000
7 recorded transactions
Zoning & alternative use
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 Occidental submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Occidental 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
$1,185,000
ML approach
$1,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$680,000
Current use
MEDICAL BUILDING
$645,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10% · vs last sale $960k (Jun 11 2021)
Last sale anchor
$960k
Jun 11 2021
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
$575 / 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
$17,609
Tax year 2024
Assessed value
$1,018,759
Assessed 2024
Previous assessed
$1,018,759
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$191,017
Assessed improvement
$827,742
Applied tax rate
96.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2018
Construction
WOOD
Heating
NONE
Stories
2
Rooms
6
Bathrooms
2
Total area
1,758 SF
Lot
0.07 ac (3,091 SF)
APN
074-340-015-000
UPID
US09-2636185
Jurisdiction
SONOMA
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
$680,000
MEDICAL BUILDING
Est. value
$645,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
2018
Construction
WOOD
Heating
NONE
Stories
2
Rooms
6
Bathrooms
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Melinda Leslie Hershon
Individual
Mailing address
14621 KIT LN, OCCIDENTAL, CA 95465-8900
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2021
$960,000
Melinda Leslie Hershon
Pacific Private Money Fund I LLC
Grant Deed
$707,250 · Envoy Mortgage Ltd
Aug 27, 2018
$100,000
Pacific Pvt Money Fund I LLC
Harmony Occidental LLC
Grant Deed
related
—
Apr 4, 2018
$100,000
Pacific Pvt Money Fund I LLC
Harmony Occidental LLC
Grant Deed
—
Mar 28, 2013
$531,500
A Thomas Micheletti
Sterling Svgs Bk
Grant Deed
—
Mar 28, 2013
—
William Botieff
Botieff,anita
Quit Claim Deed
related
—
Jun 6, 2012
—
Sterling Svgs Bk
Thiessen,orrin & Terri
Trustees Deed
related
—
Sep 30, 2004
$2,012,000
Orrin Thiessen
Harmony Union School District
Grant Deed
$1,712,000 · Harmony Unified School Distric
—
—
Harmony Occidental LLC
—
Deed Of Trust
related
$675,000 · Pacific Private Money Fund I LLC Pacific Private Money Fund I LLC
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 14621 Kit Ln?
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.
