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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Agricultural properties
1960 State Hwy 20 Colusa, CA 95932-9709
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2454290
Property profile
Verified
Property type
Agricultural properties
Use group
FARM SUPPLY & EQUIPMENT
Year built
1979
Construction
WOOD
Total area
14,564 SF
Lot
2.32 ac (101,059 SF)
APN
015-280-005-000
UPID
US09-2454290
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
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
Red Tractor Land Company LLC · 2 yrs held
Red Tractor Land Company LLC
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.8M
+42.7%
Restaurant
$1.7M
+32.4%
Auto repair, garage
$1.6M
+24.7%
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 Colusa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colusa 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
$1,200,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FARM SUPPLY & EQUIPMENT (COMMERCIAL)
$1,260,000
Current use
RETAIL STORES
$1,795,000
Change: +43% · Conversion: Difficult
RESTAURANT
$1,665,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,570,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,395,000
Change: +11% · Conversion: Difficult
OFFICE BUILDING
$1,390,000
Change: +11% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,170,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.20M (Jan 31 2024)
Last sale anchor
$1.20M
Jan 31 2024
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
$82 / 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
$13,791
Tax year 2024
Assessed value
$1,184,168
Assessed 2024
Previous assessed
$1,184,168
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$117,825
Assessed improvement
$1,066,343
Applied tax rate
58.0000
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
Agricultural properties
Use group
FARM SUPPLY & EQUIPMENT
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
NONE
Bathrooms
3
Total area
14,564 SF
Lot
2.32 ac (101,059 SF)
APN
015-280-005-000
UPID
US09-2454290
Jurisdiction
COLUSA
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
FARM SUPPLY & EQUIPMENT (COMMERCIAL) Current
Est. value
$1.3M
RETAIL STORES
Est. value
$1.8M
RESTAURANT
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
FARM SUPPLY & EQUIPMENT (COMMERCIAL) Current
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1979
Construction
WOOD
Heating
NONE
Bathrooms
3
Lot
2.32 ac
Current owner
From public records · entity-resolved
Red Tractor Land Company LLC
Entity
Mailing address
600 S STATE HWY 59, MERCED, CA 95341-6928
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2025
—
Red Tractor Land Company LLC
—
Deed
related
$8,045,000 · Comerica Bank
Jan 31, 2024
$1,200,000
Red Tractor Land Company LLC
Stephanie J Nutcher
Grant Deed
$7,090,000 · Nutcher Family Trust
Jan 2, 2018
—
Nutcher Trust B
Nutcher Family Trust
Quit Claim Deed
related
—
Sep 30, 2014
—
Nutcher Family Trust Agreement
Bianchi Ag Services INC
Grant Deed
$2,418,000 · Wells Fargo Bank NA
Dec 30, 2011
$1,000,000
Bianchi Ag Services LLC
Ambac Leasing
Grant Deed
$900,000 · Ambac Leasing
Jan 1, 1978
—
Ambac Leasing
—
Grant Deed
related
—
—
—
Bianchi Ag Services INC
—
Deed Of Trust
related
$350,000 · Nutcher Family Trust (pt)
—
—
Ambac Leasing
—
Deed Of Trust
related
$225,000 · Wells Fargo 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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