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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Turn key restaurants
2055 Hilltop Dr Redding, CA 96002-0209
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1103515
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1976
Total area
3,015 SF
Lot
0.29 ac (12,632 SF)
APN
107-180-064-000
UPID
US09-1103515
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
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$845k
Owner & transaction history
Jeff Garrett · 3 yrs held
Jeff Garrett
since 2023
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
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
$785,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $900k (Jan 27 2023)
Last sale anchor
$900k
Jan 27 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
$280 / 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
$5,504
Tax year 2024
Assessed value
$494,700
Assessed 2024
Previous assessed
$494,700
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$153,000
Assessed improvement
$341,700
Applied tax rate
1.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1976
Heating
NONE
Total area
3,015 SF
Lot
0.29 ac (12,632 SF)
APN
107-180-064-000
UPID
US09-1103515
Jurisdiction
SHASTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Lot
0.29 ac
Current owner
From public records · entity-resolved
Jeff Garrett
Individual
Mailing address
3790 SUNDAY CT, REDDING, CA 96001-0174
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
Jan 27, 2023
$900,000
Jeff Garrett
Lon M Tatom
Grant Deed
$600,000 · Tatom 2001 Trust
Jan 27, 2023
—
Lon M Tatom
Deena C Tatom
Correction Deed
related
—
Jan 20, 2023
—
Jeff Garrett
T And G Ventures LLC
Grant Deed
—
Dec 19, 2022
$293,000
T And G Ventures LLC
Two Gs Properties LLC
Grant Deed
—
Aug 17, 2017
—
Two Gs Properties LLC
—
Deed
related
$700,000 · Plumas Bk
May 2, 2008
—
Two Gs Properties LLC
Gen III LLC
Grant Deed
$700,652 · Premierwest Bank
Dec 27, 2001
—
Gen III LLC
Meyer Motels Ltd
Grant Deed
$795,000 · Mid Valley Bank
—
—
Two Gs Properties LLC
—
Deed Of Trust
related
$40,500 · Twilight Ride LLC
—
—
Two Gs Properties LLC
—
Deed Of Trust
related
$700,000 · Plumas Bk
—
—
Two Gs Properties LLC
—
Deed Of Trust
related
$850,000 · Scott Valley 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.
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