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Property profile & analytics
OFF-MARKET
Turn key restaurants
21010 Hwy 29 Middletown, CA 95461
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-1135183
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1969
Construction
WOOD
Total area
924 SF
Lot
2.24 ac (97,574 SF)
Zoning code
C1
APN
024-491-130-000
UPID
US09-1135183
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ernesto Bogarin · 3 yrs held
Ernesto Bogarin
since 2023
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
C1 · Middletown, 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,533
Tax year 2024
Assessed value
$484,500
Assessed 2024
Previous assessed
$484,500
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$224,400
Assessed improvement
$260,100
Applied tax rate
62.0000
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
1969
Construction
WOOD
Heating
NONE
Cooling
WALL UNIT
Stories
1
Rooms
4
Total area
924 SF
Lot
2.24 ac (97,574 SF)
Zoning code
C1
APN
024-491-130-000
UPID
US09-1135183
Jurisdiction
LAKE
Zoning & alternative use
C1 · Middletown, CA
Zoning C1 · permitted uses
C1 · Middletown, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Rooms
4
Lot
2.24 ac
Current owner
From public records · entity-resolved
Ernesto Bogarin
Individual
Mailing address
1462 PO BOX 695TH HWY S, RUTHERFORD, CA 94573-0695
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2023
$475,000
Ernesto Bogarin
Mat Global Solutions LLC
Grant Deed
—
Dec 22, 2021
$495,000
Mat Global Solutions LLC
Jolly Kone LLC
Grant Deed
$345,000 · Mark Jakob
Feb 9, 2016
—
Jolly Kone LLC
Caudle,john D
Grant Deed
$210,000 · Bay Area Employment Dev
Jan 5, 2016
$460,500
John D Caudle
David S Neft
Grant Deed
$252,500 · First Bank
Apr 13, 2011
—
David S Neft
Neft,ellen R
Quit Claim Deed
related
$120,000 · Private Lender
Sep 28, 2006
—
David S Neft
Neft,ellen
Quit Claim Deed
related
—
Sep 28, 2006
$725,000
David S Neft
Miller,scott & Stacy
Grant Deed
$418,000 · Private Lender
Jul 29, 2004
$550,000
Scott Miller
Richmond Family Trust
Grant Deed
—
—
—
David S Neft
—
Deed Of Trust
related
$368,000 · Private Lender
—
—
Jolly Kone LLC
—
Loan Modification
related
—
—
—
Jolly Kone LLC
—
Loan Modification
related
—
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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