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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Turn key restaurants
203 York St, Nevada City, CA 95959-2424
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3022380
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1979
Construction
WOOD
Total area
3,265 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C
APN
005-096-006-000
UPID
US10-3022380
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
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$999k
Blend (final)
Blend
$885k
Owner & transaction history
Elixart LLC · 5 yrs held
Elixart LLC
since 2021
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
C · Nevada City, 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 Nevada City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nevada City 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
$770,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±10% · vs last sale $900k (Jun 24 2021)
Last sale anchor
$900k
Jun 24 2021
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
$271 / 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
$10,204
Tax year 2024
Assessed value
$955,087
Assessed 2024
Previous assessed
$955,087
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$265,302
Assessed improvement
$689,785
Applied tax rate
2.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Total area
3,265 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C
APN
005-096-006-000
UPID
US10-3022380
Jurisdiction
NEVADA
Zoning & alternative use
C · Nevada City, CA
Zoning C · permitted uses
C · Nevada City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nevada City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Elixart LLC
Entity
Mailing address
404 SPG ST, NEVADA CITY, CA 95959-2423
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jun 24, 2021
$900,000
Elixart LLC
Selaya And Crouch General Partnersh
Grant Deed
$756,500 · Enterprise Bank & Trust
Apr 27, 2021
—
Selaya And Crouch General Partnersh
Judy A Seabridge
Grant Deed
—
Dec 30, 2016
—
Selaya & Crouch
Orey Cail W Trust
Grant Deed
$617,875 · River Valley Community Bank
May 2, 2007
$750,000
Selaya & Crouch General Ptshp
Orey Cail W Trust
Grant Deed
$550,000 · Citizens Bk/nthrn Ca
Feb 8, 2007
—
Porter,constance G
Craig W Porter
Affidavit Of Death
related
—
Aug 11, 2006
—
Orey,cail W Trust
Orey Cail W & R E Trust
Quit Claim Deed
related
—
Apr 13, 1995
—
Orey Trust
Orey,cail W & Ruby E
Quit Claim Deed
related
—
—
—
Cail W Orey
—
Deed Of Trust
related
$75,000 · King G Mcpheron Bps
—
—
Orey,cail W Trust
—
Loan Modification
related
$50,000 · Porter C W & C G 1999 Trust
—
—
Orey,tr
—
Deed Of Trust
related
$310,000 · Porter Trust
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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