Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Showrooms
20242 Skypark Dr Redding, CA 96002-9213
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1085074
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1992
Total area
9,300 SF
Lot
0.62 ac (27,007 SF)
Zoning code
PD-DR
APN
054-650-020-000
UPID
US09-1085074
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
-
Northern California Gloves and Safety Supplies Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$750k
Blend (final)
Blend
$655k
Owner & transaction history
Chad Butler · 2 yrs held
Chad Butler
since 2023
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
PD-DR · Redding, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
18.01 General Provisions
Top alternative use upside
Auto repair, garage
$1.0M
+2.8%
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
$655,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,005,000
Current use
AUTO REPAIR, GARAGE
$1,030,000
Change: +3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$840,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $750k (Sep 26 2023)
Last sale anchor
$750k
Sep 26 2023
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
$70 / 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
$7,619
Tax year 2024
Assessed value
$710,000
Assessed 2024
Previous assessed
$710,000
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$150,000
Assessed improvement
$560,000
Applied tax rate
91.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1992
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
9,300 SF
Lot
0.62 ac (27,007 SF)
Zoning code
PD-DR
APN
054-650-020-000
UPID
US09-1085074
Jurisdiction
SHASTA
Zoning & alternative use
PD-DR · Redding, CAZoning PD-DR · permitted uses
PD-DR · Redding, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
18.01 General Provisions
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$840,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1992
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Chad Butler
Individual
Free & Clear · 2 yrs held
Mailing address
11429 HAWLEY RD, REDDING, CA 96003-2799
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2023
$586,000
Chad Butler
Skypark Real Estate Holdings LLC
Trustees Deed
related
—
Sep 21, 2023
—
Justin Byard
Jeffery Hagler
Intrafamily Transfer
related
—
Sep 20, 2023
—
Jeffery Hagler
Skypark Real Estate Holdings LLC
Quit Claim Deed
related
—
Nov 1, 2016
$750,000
Sky Park Real Estate Holdings
Blain,charles P
Grant Deed
$750,000 · Bake Family Trust (rt)
Jul 26, 2016
$750,000
Charles P Blain
Baker 2000 Family Trust
Grant Deed
$750,000 · Baker Family Trust (rt)
Dec 30, 2015
—
Baker Family Trust
Smith,matthew T
Deed In Lieu Of Foreclosure
related
—
May 8, 2015
$800,000
Matthew T Smith
Baker 2000 Family Trust
Grant Deed
$740,000 · Baker 2000 Family Trust (rt)
Jan 8, 2002
$390,000
Baker Trust
Gard,gary R & Jean L
Grant Deed
$100,000 · Gary R & Jean L Gard
Jul 21, 2000
$93,109
Gary R Gard
Mcmath,joseph & Lynda
Grant Deed
—
—
—
Gary R Gary
—
Deed Of Trust
related
$290,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20242 Skypark Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
