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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Retail space
1551 Main St, Ripon, CA 95366-3012
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3619976
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
7,000 SF
Lot
0.73 ac (31,799 SF)
APN
259-660-540-000
UPID
US09-3619976
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
-
O'Reilly Auto Parts Auto Parts Store
-
Everly & Associates Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.19M
Owner & transaction history
Atelier57 Investments LLC · 18 yrs held
Atelier57 Investments LLC
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+120.9%
Medical building
$1.5M
+73.4%
Commercial (general)
$1.4M
+58.3%
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 Ripon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ripon 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%
$1,325,000
6.5%
$1,220,000
7%
$1,135,000
Alternative Use
Use
Estimation
RETAIL STORES
$880,000
Current use
RESTAURANT
$1,945,000
Change: +121% · Conversion: Easy
MEDICAL BUILDING
$1,530,000
Change: +73% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,395,000
Change: +58% · Conversion: Easy
OFFICE BUILDING
$1,355,000
Change: +54% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,195,000
Change: +35% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,085,000
Change: +23% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,005,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±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
$170 / 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
$18,645
Tax year 2024
Assessed value
$1,700,000
Assessed 2024
Previous assessed
$1,700,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$380,000
Assessed improvement
$1,320,000
Applied tax rate
5.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Stories
1
Total area
7,000 SF
Lot
0.73 ac (31,799 SF)
APN
259-660-540-000
UPID
US09-3619976
Jurisdiction
SAN JOAQUIN
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
RETAIL STORES Current
Est. value
$880,000
RESTAURANT
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
Heating
NONE
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Atelier57 Investments LLC
Entity
Mailing address
645 E MISSOURI AVE STE #400, PHOENIX, AZ 85012-1373
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2023
—
Atelier57 Investments LLC
—
Deed
related
$1,175,000 · Standard Insurance Co
Nov 30, 2017
—
Atelier57 Investments LLC
—
Deed
related
$960,000 · Alaska USA FCU
Nov 27, 2007
—
Atelier57 Investments LLC
Csk Auto INC
Grant Deed
$1,063,675 · Csk Auto INC
Jul 13, 2007
—
Csk Auto INC
Village Of Daly City Partners
Grant Deed
related
—
Mar 30, 2007
—
Phoenix Dfl I LLC
Ripon Main Associates LLC
Grant Deed
related
—
Oct 20, 2006
—
Antelope Of Walerga Partners
Ripon Main Associates
Grant Deed
related
—
Aug 12, 2005
—
Ripon Main Associates LLC
Deboer Family Trust
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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