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Property profile & analytics
OFF-MARKET
Estimated value
$2,200,000
Amusement parks
1950 California St Redding, CA 96001-1943
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US10-2638112
Property profile
Verified
Property type
Amusement parks
Use group
AMUSEMENT PARK
Year built
1989
Construction
WOOD
Total area
11,575 SF
Lot
0.9 ac (39,204 SF)
APN
101-750-049-000
UPID
US10-2638112
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
-
Riverfront Playhouse Theater & Performing Art Venue
-
Celebration Redding Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$2.20M
Owner & transaction history
Riverfront Playhouse · 9 yrs held
Riverfront Playhouse
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 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
RECREATIONAL/ENTERTAINMENT (GENERAL)
$2,125,000
Current use
RESTAURANT
$1,925,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$2.20M
Range $1.98M – $2.42M · ±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
$190 / 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
$247
Tax year 2024
Assessed value
$1,983,032
Assessed 2024
Previous assessed
$1,983,032
+0.0% YoY
Effective rate
0.01%
On assessed value
Assessed land
$348,173
Assessed improvement
$1,634,859
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
Amusement parks
Use group
AMUSEMENT PARK
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Stories
1
Total area
11,575 SF
Lot
0.9 ac (39,204 SF)
APN
101-750-049-000
UPID
US10-2638112
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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$2.1M
RESTAURANT
Est. value
$1.9M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
RESTAURANT
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
1989
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Riverfront Playhouse
Individual
Mailing address
PO BOX 994666, REDDING, CA 96099-4666
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2020
—
Riverfront Playhouse
—
Deed
related
$75,000 · Cornerstone Community Bank
Feb 11, 2019
—
Riverfront Playhouse
—
Deed
related
$1,000,000 · Cornerstone Community Bank
Dec 5, 2016
—
Riverfront Playhouse
Riverfront Playhouse
Intrafamily Transfer
related
$325,000 · Us Bank NA
May 4, 2016
$699,000
Riverfront Playhouse
Baker,jason B & Peggy I
Grant Deed
$400,000 · Shufelberger A & S Trust (rt)
May 16, 2011
—
Jason B Baker
Morrow W B JR Living Trust
Grant Deed
$375,000 · Lenk Family Trust
Mar 27, 1998
$1,500,000
Morrow Trust
Rio H Partners 11
Grant Deed
$1,050,000 · Tri Counties Bank
—
—
Riverfront Playhouse
—
Deed Of Trust
related
$1,000,000 · Cornerstone Cmnty Bk
—
—
Morrow,tr
—
Deed Of Trust
related
$1,297,500 · Redding Bank Of Commerce
—
—
Morrow Trust
—
Deed Of Trust
related
$147,975 · Tri Counties 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.
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