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Property profile & analytics
OFF-MARKET
Commercial real estate
16464 Letteau Ave Delhi, CA 95315-9537
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2774226
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
2.5 ac (108,900 SF)
APN
009-030-021-000
UPID
US10-2774226
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
-
Purely Storage Storage Facility
-
Laundrymat (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Barber Auto Mall Properties LP · 10 yrs held
Barber Auto Mall Properties LP
since 2016
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 Delhi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delhi 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2024Property tax & assessments
Tax year 2024
Tax billed
$15,173
Tax year 2024
Assessed value
$1,344,204
Assessed 2024
Previous assessed
$1,344,204
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$887,845
Assessed improvement
$456,359
Applied tax rate
63.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
2.5 ac (108,900 SF)
APN
009-030-021-000
UPID
US10-2774226
Jurisdiction
MERCED
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
2.5 ac
Current owner
From public records · entity-resolved
Barber Auto Mall Properties LP
Entity
Mailing address
20371 IRVINE AVE STE #100, NEWPORT BEACH, CA 92660-0119
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Apr 15, 2016
$2,700,000
Barber Auto Mall Properties LP
Delta Bk NA
Grant Deed
—
Mar 14, 2013
—
Delta Bk NA
Myers,kenneth J & Vickiy G
Deed In Lieu Of Foreclosure
related
—
Jul 5, 2011
—
Kenneth J Myers
Myers K & V 1998 Trust
Quit Claim Deed
related
—
Jan 14, 1998
—
Myers Trust
Myers,kenneth J & Vickiy G
Quit Claim Deed
related
—
Aug 4, 1994
—
Mello Trust
Mello,arnold S &
Quit Claim Deed
related
—
—
—
Kenneth J Myers
—
Deed Of Trust
related
$206,000 · Delta National Bank
—
—
K & V Myers 1998 Trust
—
Deed Of Trust
related
$4,530,000 · Delta Bank NA
—
—
Kenneth J Myers
—
Deed Of Trust
related
$706,571 · Delta National Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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