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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
18123 Joy Cir Challenge, CA 95925-9605
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US09-3738725
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1944
Total area
3,332 SF
Lot
5.77 ac (251,341 SF)
Zoning code
A/RR
APN
050-400-012-000
UPID
US09-3738725
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
Melvin D Drew · 16 yrs held
Melvin D Drew
since 2010
6 recorded transactions
Zoning & alternative use
A/RR · Challenge, 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 Challenge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Challenge 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
$3,149
Tax year 2024
Assessed value
$219,797
Assessed 2024
Previous assessed
$219,797
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$169,561
Assessed improvement
$50,236
Applied tax rate
64.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1944
Heating
NONE
Stories
2
Bathrooms
1
Total area
3,332 SF
Lot
5.77 ac (251,341 SF)
Zoning code
A/RR
APN
050-400-012-000
UPID
US09-3738725
Jurisdiction
YUBA
Zoning & alternative use
A/RR · Challenge, CA
Zoning A/RR · permitted uses
A/RR · Challenge, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Challenge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1944
Heating
NONE
Stories
2
Bathrooms
1
Lot
5.77 ac
Current owner
From public records · entity-resolved
Melvin D Drew
Individual
Mailing address
PO BOX 7040, SANTA ROSA, CA 95407-0040
Ownership since
2010
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
May 2, 2025
—
Melvin D Drew
—
Deed
related
$130,000 · The Tardibuono Family 2015 Trust
Mar 4, 2022
—
Melvin D Drew
—
Deed
related
$100,000 · Forge Trust Co
Jul 6, 2010
$175,000
Melvin D Drew
Fawcett,thomas & Alicia R
Grant Deed
$167,000 · Thomas & Alicia R Fawcett
Apr 21, 2004
$140,000
Thomas Fawcett
Kolos,john & Carol
Grant Deed
—
Aug 9, 2000
$118,500
John Kolos
Bernstein,leslie & Elaine
Grant Deed
$108,500 · Seller
Mar 18, 1997
$146,480
Leslie Bernstein
Cooley,clarence R & Betty J
Trustees Deed
—
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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