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Property profile & analytics
OFF-MARKET
Estimated value
$270,000
Manufacturing properties
161 Fair Ln Placerville, CA 95667-3929
Individually Owned
3-yr Hold
Free & Clear
Property ID
US09-5014978
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Lot
6.65 ac (289,674 SF)
Zoning code
RE
APN
325-280-034-000
UPID
US09-5014978
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
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
Lance Steven Forni · 3 yrs held
Lance Steven Forni
since 2023
3 recorded transactions
Zoning & alternative use
RE · Placerville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Sidewalk Dining Regulations 10-4-19 Short-Term Rentals 10-4-20 CHAPTER 5 ZONE REGULATIONS Section Zone Classifications 10-5-1 Applicability 10-5-2 Open Space Zone 10-5-3 RE, Estate Residential Zone 10-5-4 R-1A, Single Family Acre Residential Zone 10-5-5 R-1, 20,000 Single Family Residential Zone 10-5-6 R-1, 10,000 Single Family Residential Zone 10-5-7 R-1, 6…
Zone name
Estate Residential 5 Acre Minimum
General category
RESIDENTIAL
Zone area
166.45 ac
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 Placerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Placerville 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
$270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$270k
Range $243k – $297k · ±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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,432
Tax year 2023
Assessed value
$104,533
Assessed 2023
Previous assessed
$104,533
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$38,119
Assessed improvement
$66,414
Applied tax rate
1.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Heating
NONE
Lot
6.65 ac (289,674 SF)
Zoning code
RE
APN
325-280-034-000
UPID
US09-5014978
Jurisdiction
EL DORADO
Zoning & alternative use
RE · Placerville, CAZoning RE · permitted uses
RE · Placerville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Sidewalk Dining Regulations 10-4-19 Short-Term Rentals 10-4-20 CHAPTER 5 ZONE REGULATIONS Section Zone Classifications 10-5-1 Applicability 10-5-2 Open Space Zone 10-5-3 RE, Estate Residential Zone 10-5-4 R-1A, Single Family Acre Residential Zone 10-5-5 R-1, 20,000 Single Family Residential Zone 10-5-6 R-1, 10,000 Single Family Residential Zone 10-5-7 R-1, 6,000 S
Zone name
Estate Residential 5 Acre Minimum
General category
RESIDENTIAL
Zone area
166.45 ac
Building & site characteristics
From public records
Heating
NONE
Lot
6.65 ac
Current owner
From public records · entity-resolved
Lance Steven Forni
Individual
Free & Clear · 3 yrs held
Mailing address
7001 GRN VLY RD, PLACERVILLE, CA 95667-9357
Ownership since
2023
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 8, 2023
—
Lance Steven Forni
Lance S Forni
Intrafamily Transfer
related
—
Oct 8, 2021
—
Lance S Forni
Lance S Forni
Intrafamily Transfer
related
—
May 14, 2013
—
Forni 1991 Family Trust
Forni 1991 Family Trust
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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