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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Apartment buildings
2160 Progress St Eureka, CA 95501-3557
Entity Owned
4-yr Hold
Absentee Owner
Property ID
US09-1509994
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1905
Construction
WOOD
Total area
2,820 SF
Lot
0.58 ac (25,264 SF)
APN
007-012-004-000
UPID
US09-1509994
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
$605k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$498k
Blend (final)
Blend
$630k
Owner & transaction history
Appleworks LLC · 4 yrs held
Appleworks LLC
since 2022
Last sale
$630,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$405,000
+21.9%
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 Eureka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eureka 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
$650,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$405,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $630k (Jun 15 2022)
Last sale anchor
$630k
Jun 15 2022
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
$223 / 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
$6,876
Tax year 2024
Assessed value
$655,452
Assessed 2024
Previous assessed
$655,452
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$156,060
Assessed improvement
$499,392
Applied tax rate
3.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1905
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
2
Rooms
9
Total area
2,820 SF
Lot
0.58 ac (25,264 SF)
APN
007-012-004-000
UPID
US09-1509994
Jurisdiction
HUMBOLDT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$405,000
COMMERCIAL (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
1905
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
2
Rooms
9
Lot
0.58 ac
Current owner
From public records · entity-resolved
Appleworks LLC
Entity
Mailing address
317 3RD ST #219, EUREKA, CA 95501-0427
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2022
$630,000
Appleworks LLC
Derry E Cook
Grant Deed
$450,000 · Coast Central Cu
Feb 24, 2022
—
Sharon J Cook
Sharon J Cook
Intrafamily Transfer
related
—
Apr 3, 2017
—
Cook,dean F 2017 Trust
Cook 2004 Family Trust
Quit Claim Deed
related
—
Sep 11, 2009
—
North Coast Prop Holdings LLC
Cook R M & S J 1994 Trust
Grant Deed
—
Aug 23, 2004
—
Cook Trust
Cook,dean
Quit Claim Deed
related
—
Jun 29, 1994
—
Cook Trust
Cook,randall M &
Quit Claim Deed
related
—
May 3, 1994
—
Randall M Cook
Cook,randall M &
Quit Claim Deed
related
$89,500 · American Savings Bank
Apr 7, 1994
—
Cook Trust
Cook,randall M &
Quit Claim Deed
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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