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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Investment properties
2020 Main St, Fortuna, CA 95540-2228
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-0776249
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1913
Construction
WOOD
Total area
5,973 SF
Lot
0.37 ac (16,117 SF)
Zoning code
CT
APN
040-278-004-000
UPID
US09-0776249
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
-
Gloeggler Frank X CPA Accounting Firm Tax Preparation
-
Allure Day Spa Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$582k
Blend (final)
Blend
$600k
Owner & transaction history
Owsley Electric INC · 1 yrs held
Owsley Electric INC
since 2025
6 recorded transactions
Zoning & alternative use
CT · Fortuna, 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 Fortuna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fortuna 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$925,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$100 / 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
$3,484
Tax year 2024
Assessed value
$313,161
Assessed 2024
Previous assessed
$313,161
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$73,853
Assessed improvement
$239,308
Applied tax rate
5.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1913
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
2
Rooms
11
Total area
5,973 SF
Lot
0.37 ac (16,117 SF)
Zoning code
CT
APN
040-278-004-000
UPID
US09-0776249
Jurisdiction
HUMBOLDT
Zoning & alternative use
CT · Fortuna, CA
Zoning CT · permitted uses
CT · Fortuna, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fortuna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$925,000
RETAIL STORES
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
1913
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
2
Rooms
11
Lot
0.37 ac
Current owner
From public records · entity-resolved
Owsley Electric INC
Entity
Mailing address
PO BOX 711, HYDESVILLE, CA 95547-0711
Ownership since
2025
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
Feb 3, 2025
—
Owsley Electric INC
Owsley Leasing LLC
Deed
$219,000 · Arcata Economic Development Corporation
Jul 19, 2024
$525,000
Owsley Leasing LLC
Carolyn A Albee
Grant Deed
$262,500 · Coast Central Cu
Jul 19, 2024
—
Owsley Leasing LLC
—
Deed
related
$210,000 · Coast Central Cu
Jan 10, 2000
—
Chan Trust
Chan,albert
Quit Claim Deed
related
—
Sep 21, 1995
—
Lois Chan
Chan,susie
Quit Claim Deed
related
—
—
—
F Gloeggler
—
Deed Of Trust
related
$200,000 · Us Bank NA
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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