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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Theaters & concert halls
1575 Betty Ct Mckinleyville, CA 95519-4178
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4715259
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
2004
Construction
WOOD
Total area
19,059 SF
Lot
1.92 ac (83,568 SF)
Zoning code
C-2-P-N
APN
508-061-019-000
UPID
US09-4715259
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
-
Mill Creek Cinema Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.74M
Owner & transaction history
Big Lagoon Rancheria · 1 yrs held
Big Lagoon Rancheria
since 2025
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
C-2-P-N · Mckinleyville, 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 Mckinleyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mckinleyville 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
$1,710,000
ML approach
$1,665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,885,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,570,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,305,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,060,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,820,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±10% · vs last sale $1.75M (Apr 29 2025)
Last sale anchor
$1.75M
Apr 29 2025
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
$29,448
Tax year 2024
Assessed value
$2,700,000
Assessed 2024
Previous assessed
$2,700,000
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$550,000
Assessed improvement
$2,150,000
Applied tax rate
115.0000
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
NONE
Stories
1
Total area
19,059 SF
Lot
1.92 ac (83,568 SF)
Zoning code
C-2-P-N
APN
508-061-019-000
UPID
US09-4715259
Jurisdiction
HUMBOLDT
Zoning & alternative use
C-2-P-N · Mckinleyville, CA
Zoning C-2-P-N · permitted uses
C-2-P-N · Mckinleyville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mckinleyville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$1.8M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
2004
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.92 ac
Current owner
From public records · entity-resolved
Big Lagoon Rancheria
Individual
Mailing address
2200 ASHLAND ST, ASHLAND, OR 97520-1406
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2025
$1,750,000
Big Lagoon Rancheria
Sean Darrell
Grant Deed
—
Apr 29, 2025
—
Sean Darrell
William Gray Packer
Grant Deed
—
Sep 11, 2023
—
Sean Darrell
William Gray Packer
Grant Deed
$1,000,000 · Rubicon Mortgage Fund LLC
Nov 12, 2020
—
Loving John C S Trust
—
Deed
related
—
Apr 11, 2006
$4,042,000
Schweiger John C Trust
Theatre Properties Corp INC
Deed Of Trust
$2,731,000 · Umpqua Bank
Apr 18, 2002
—
Donald L Murrish
Murrish,betty A
Quit Claim Deed
related
—
Apr 18, 2002
$430,000
Theatre Properties Corp INC
Murrish,donald L
Grant Deed
$45,000 · Donald L & Betty A Murrish
—
—
Theatre Properties Corp INC
—
Deed Of Trust
related
$2,700,000 · Six Rivers National Bank
—
—
Loving John C S Trust
—
Loan Modification
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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