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Property profile & analytics
OFF-MARKET
Office buildings
1791 State Hwy 99 Gridley, CA 95948-2209
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US09-0345448
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1946
Construction
WOOD
Total area
1,913 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C2
APN
010-250-001-000
UPID
US09-0345448
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
First Union National Bk Ttee · 24 yrs held
First Union National Bk Ttee
since 2002
7 recorded transactions
Zoning & alternative use
C2 · Gridley, 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 Gridley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gridley 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
$3,169
Tax year 2024
Assessed value
$275,432
Assessed 2024
Previous assessed
$275,432
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$56,786
Assessed improvement
$218,646
Applied tax rate
3.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
1,913 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C2
APN
010-250-001-000
UPID
US09-0345448
Jurisdiction
BUTTE
Zoning & alternative use
C2 · Gridley, CAZoning C2 · permitted uses
C2 · Gridley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
First Union National Bk Ttee
Individual
Mailing address
1791 STATE HWY 99, GRIDLEY, CA 95948-2209
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2002
$90,000
First Union National Bk Ttee
Baxter,matthew L & Linda A
Trustees Deed
related
—
Jan 14, 1998
$78,000
Mathew L Baxter
Morequity INC
Grant Deed
$63,501 · Morequity INC
Jul 8, 1996
$3,000
Morequity
Wolf,edward J & Doreen
Grant Deed
related
—
—
—
Matthew L Baxter
—
Deed Of Trust
related
$13,300 · Beneficial California INC
—
—
Howard Hamman
—
Deed Of Trust
related
$200,000 · Mark A Habib
—
—
Edward Wolf
—
Deed Of Trust
related
$20,000 · Individual
—
—
Matthew L Baxter
—
Deed Of Trust
related
$110,400 · Long Beach Mortgage Co
—
—
Edward J Wolf
—
Deed Of Trust
related
$99,000 · Title West Mortgage INC
—
—
Howard Hamman
—
Deed Of Trust
related
$200,000 · Mark A Habib
—
—
Edward J Wolf
—
Deed Of Trust
related
$1,217 · Individual
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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