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Property profile & analytics
OFF-MARKET
Commercial real estate
17615 Rancho Tehama Rd, Corning, CA 96021
Individually Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4569092
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Total area
800 SF
Lot
2.1 ac (91,476 SF)
Zoning code
C
APN
060-070-040-000
UPID
US09-4569092
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Baljit K Grewal · 10 yrs held
Baljit K Grewal
since 2016
7 recorded transactions
Zoning & alternative use
C · Corning, 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 Corning submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corning 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 2023Property tax & assessments
Tax year 2023
Tax billed
$600
Tax year 2023
Assessed value
$56,886
Assessed 2023
Previous assessed
$56,886
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$44,088
Assessed improvement
$12,798
Applied tax rate
56.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1970
Heating
NONE
Total area
800 SF
Lot
2.1 ac (91,476 SF)
Zoning code
C
APN
060-070-040-000
UPID
US09-4569092
Jurisdiction
TEHAMA
Zoning & alternative use
C · Corning, CA
Zoning C · permitted uses
C · Corning, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Corning. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Lot
2.1 ac
Current owner
From public records · entity-resolved
Baljit K Grewal
Individual
Free & Clear · 10 yrs held
Mailing address
6323 COUNTY RD 18, ORLAND, CA 95963-9473
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2016
$50,000
Baljit K Grewal
Noyes Henry & M Trust
Grant Deed
—
Jan 13, 2011
—
Noyes,henry & Monique Trust
Noyes Henry & M Trust
Quit Claim Deed
related
—
Jul 16, 2010
$380,287
Noyes,heny & Monique Trust
Red Shield Servicing INC
Trustees Deed
related
—
Apr 5, 2007
—
Kilgore Ents
Kilgore Family 1997 Trust
Quit Claim Deed
—
Apr 5, 2007
$160,000
Rtr
Kilgore Enterprises
Grant Deed
$755,000 · Amcap Financial Services INC
Jan 16, 2007
—
Kilgore Ents INC
Kilgore Family 1997 Trust
Quit Claim Deed
—
Jun 18, 2003
$51,500
Kilgore,tr
Bedwell,steven
Grant Deed
—
Nov 18, 2002
$40,000
Steven Bedwell
Medlock,james & Tetsuyo
Grant Deed
—
Jan 22, 2001
—
James Medlock
Bradbury,linda
Quit Claim Deed
related
—
Nov 15, 2000
—
James Medlock
Brown,robert L
Grant Deed
related
—
Apr 12, 1996
$25,000
Brown,robert L
Medlock,james & Tetsyo
Trustees Deed
$58,000 · Individual
Apr 12, 1996
$20,000
Medlock,james & Tetsuyo
Blm Services INC
Trustees Deed
—
Apr 12, 1996
—
Mary Jones
Jones,willard
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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