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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Showrooms
20250 Skypark Dr, Redding, CA 96002-9228
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1024477
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1992
Total area
15,400 SF
Lot
0.93 ac (40,510 SF)
Zoning code
PD-DR
APN
054-650-010-000
UPID
US09-1024477
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
-
STROUPS POWER EQUIPMENT (Bike/Boat/Book/etc) Store Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.01M
Owner & transaction history
Stroups Power Equipment INC · 5 yrs held
Stroups Power Equipment INC
since 2020
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
PD-DR · Redding, 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 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
$830,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,660,000
Current use
INDUSTRIAL (GENERAL)
$1,390,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $1.08M (Aug 19 2020)
Last sale anchor
$1.08M
Aug 19 2020
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
$65 / 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
$12,524
Tax year 2024
Assessed value
$1,169,449
Assessed 2024
Previous assessed
$1,169,449
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$212,241
Assessed improvement
$957,208
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
Stories
1
Total area
15,400 SF
Lot
0.93 ac (40,510 SF)
Zoning code
PD-DR
APN
054-650-010-000
UPID
US09-1024477
Jurisdiction
SHASTA
Zoning & alternative use
PD-DR · Redding, CA
Zoning 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
Redding. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
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
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Stroups Power Equipment INC
Entity
Mailing address
2236 CHURN CRK RD, REDDING, CA 96002-0743
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2020
$1,080,000
Stroups Power Equipment INC
Craig A Yates
Grant Deed
$700,000 · Cornerstone Community Bank
Sep 16, 2003
—
Craig A Yates
Yates,jean
Quit Claim Deed
related
—
Jun 15, 2000
—
Meyer Motels Ltd
Langum,john
Grant Deed
$38,000 · Wells Fargo Bank
Nov 17, 1998
$215,000
William L Heller
Langum,john & Julie L
Grant Deed
$250,000 · Redding Bank Of Commerce
Aug 27, 1998
$20,000
John Langum
Highway Investment Co
Grant Deed
related
—
—
—
Craig A Yates
—
Deed Of Trust
related
$450,000 · Greater Bay Bank
—
—
Craig A Yates
—
Deed Of Trust
related
$250,000 · Five Star 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
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