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Property profile & analytics
FOR LEASE
Investment properties
1647 Court St Redding, CA 96001
Trust Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2101287
For Lease
1 / 2
$675,000
1647 Court St, Redding, CA 96001
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1974
Total area
6,394 SF
Lot
0.41 ac (17,859 SF)
APN
101-780-040-000
UPID
US09-2101287
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
-
Ryan Valuation Services Real Estate Agency
-
Frank Sacco - Real Living Real Estate Real Estate Agency
-
Interim HealthCare of Redding Employment Agency
-
California Land And Ranch Real Estate Agency
-
Jeanean Gendron: Realtor and Real Estate Consultant Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$688k
Blend (final)
Blend
$675k
Owner & transaction history
Ryan Family Trust · 20 yrs held
Ryan Family Trust
since 2005
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+42.6%
Medical building
$905,000
+21.6%
Retail stores
$795,000
+6.6%
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 Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$745,000
Current use
RESTAURANT
$1,065,000
Change: +43% · Conversion: Difficult
MEDICAL BUILDING
$905,000
Change: +22% · Conversion: Easy
RETAIL STORES
$795,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$710,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$106 / 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
$7,996
Tax year 2024
Assessed value
$751,377
Assessed 2024
Previous assessed
$751,377
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$354,976
Assessed improvement
$396,401
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1974
Heating
FORCED AIR
Stories
2
Total area
6,394 SF
Lot
0.41 ac (17,859 SF)
APN
101-780-040-000
UPID
US09-2101287
Jurisdiction
SHASTA
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
COMMERCIAL (GENERAL) Current
Est. value
$745,000
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$905,000
RETAIL STORES
Est. value
$795,000
AUTO REPAIR, GARAGE
Est. value
$710,000
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1974
Heating
FORCED AIR
Stories
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Ryan Family Trust
Trust
Mailing address
313 E CASTLE STB, MOUNT SHASTA, CA 96067-2322
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2022
—
Charles W Ryan
—
Deed
related
$578,800 · Alan And Sherry Shufelberger Revocable
Dec 22, 2017
—
Ryan Family Trust
—
Deed
related
$103,349 · Redding Bk/commerce
Oct 4, 2005
—
Ryan Family Trust
Ryan,charles W & Susie M
Quit Claim Deed
related
—
Dec 31, 2002
—
Charles W Ryan
Chicago Title
Grant Deed
$540,000 · Redding Bank Of Commerce
—
—
Ryan Family Trust
—
Loan Modification
related
$103,349 · Redding Bk/commerce
—
—
Ryan Family Trust
—
Deed Of Trust
related
$657,000 · Redding Bank Of Commerce
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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