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Property profile & analytics
OFF-MARKET
Turn key restaurants

200 Antelope Blvd Red Bluff, CA 96080-2902

2,358 SF 1.61 ac lot Built 2005
Trust Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-2950210
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant Del Taco fast-food restaurant located at 200 Antelope Blvd, Red Bluff, CA 96080. The property boasts 2,400 square feet on a 1.61-acre lot, offering prime visibility and accessibility due to its strategic location near the intersection of Interstate 5 and Highway 36. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $65,244, resulting in an attractive 4.50% cap rate. The asking price is $1,450,000, significantly below current replacement costs, making this a compelling investment proposition. The property benefits from its location in Red Bluff, the county seat of Tehama County, a regional hub drawing customers from surrounding areas. This thriving location is further enhanced by its proximity to other major commercial tenants such as Starbucks, Burger King, and McDonald's, ensuring high foot traffic and brand recognition. The single-story building is well-maintained and presents a solid foundation for continued success. This is a rare opportunity to acquire a well-performing QSR property in a high-demand location. The property's strong financials, coupled with its desirable location and low price point, make it an ideal addition to any investment portfolio. The property is easily accessible from Interstate-5, providing convenient access for customers and employees.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Construction TILT-UP CONCRETE
Total area 2,358 SF
Lot 1.61 ac (70,131 SF)
Zoning code C-2
APN 041-050-023-000
UPID US10-2950210
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Wong,joe Family Trust · 19 yrs held
Wong,joe Family Trust
since 2007
5 recorded transactions
2007
Price N/A
2003
$520,000
1999
Price N/A
1999
Price N/A
1969
Price N/A
Zoning & alternative use
C-2 · Red Bluff, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

§ 25.69 C-2, CENTRAL BUSINESS DISTRICTS. (A) It is intended that this district classification be applied in areas suitable for complete retail business and service to serve a residential community that are designated “C” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “C-2” in the chart mar…

Zone name Central Business
General category COMMERCIAL
Zone area 126.40 ac
Source CHAPTER 25: ZONING
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