Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1583 State Highway 99 Gridley, CA 95948

FOR LEASE
Retail space
Property ID
US09-3845998
1.3 ac lot
Last sale May 2026 · $2,175,000
Trust Owned Owner of record is a trust. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Constructed in 2006, the property is a former Rite Aid freestanding retail building containing approximately 17,272 square feet on an approximately 1.3-acre site. The layout includes an open sales floor, storage areas, dedicated loading, on-site parking, prominent signage, and a drive-through, and it is configured to support single-tenant or multi-tenant occupancy. The building is positioned at 1583 State Highway 99 in Gridley at a signalized intersection along the Highway 99 commercial…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$45k
Tax billed · 2024
Assessed value$4.08M
Assessed land$1.97M
Assessed improvement$2.11M
Effective rate1.10%

Value estimate

· Oct 2026
$240k
$216k – $264k
AI approach$240k
NOI build-up
Gross scheduled income$535k
Vacancy & credit loss−$55k
Operating expenses−$120k
NOI · 28,779,760.00% cap applied$360k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$124/SF
County average, outlier-cleaned · 224 recorded sales of this use type
Observed band · Q1–Q3$60 – $214

Cap rate analysis

How does the asset earn?
28,779,760.00%
$360k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBUTTE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.8
Realty agency14.6
Law Firm13.7

Location

1583 State Highway 99 Gridley, CA 95948
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1055 Hazel, Gridley, CA 95948-2446 $5,500 Nov 2024 1,200 SF
484 State Hwy 99, Gridley, CA 95948-9333 $3,000 Nov 2024 2,545 SF
505 Virginia, Gridley, CA 95948-2105 $41,000 Jul 2024 No data
648 Washington, Gridley, CA 95948-2532 $15,000 Feb 2024 4,000 SF
540 Washington, Gridley, CA 95948-2531 $1,550,000 Jan 2024 34,638 SF
1605 Biggs Gridley, Gridley, CA 95948-2355 $200,000 Jan 2024 3,304 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again