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Property profile & analytics
OFF-MARKET
Retail space
21720 State Hwy 29 Middletown, CA 95461-7532
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-3110068
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1981
Construction
WOOD
Total area
2,336 SF
Lot
8.52 ac (371,131 SF)
Zoning code
C3
APN
014-132-300-000
UPID
US10-3110068
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
Hero INC · 4 yrs held
Hero INC
since 2021
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
C3 · 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
$8,112
Tax year 2024
Assessed value
$507,366
Assessed 2024
Previous assessed
$507,366
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$423,807
Assessed improvement
$83,559
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
NONE
Bathrooms
2
Total area
2,336 SF
Lot
8.52 ac (371,131 SF)
Zoning code
C3
APN
014-132-300-000
UPID
US10-3110068
Jurisdiction
LAKE
Zoning & alternative use
C3 · Middletown, CA
Zoning C3 · permitted uses
C3 · 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
1981
Construction
WOOD
Heating
NONE
Bathrooms
2
Lot
8.52 ac
Current owner
From public records · entity-resolved
Hero INC
Entity
Mailing address
84 W PO BOX 2175TH ST STE #790, LOS GATOS, CA 95031-2175
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2022
—
Hero INC
—
Deed
related
$300,000 · Korean Help Association
Nov 29, 2021
—
Hero INC
Surface Art Manufacturing INC
Quit Claim Deed
related
—
Apr 27, 2010
$600,000
Surface Art Manufacturing INC
Lee,jennifer
Grant Deed
—
Sep 30, 2003
$500,000
Jennifer Lee
Kim,peter K
Grant Deed
—
Sep 8, 2003
$345,000
Peter K Kim
Sung,nancy M
Grant Deed
—
May 28, 2002
$31,500
Nancy M Sung
Kung,kim S
Grant Deed
—
Sep 30, 1999
$293,000
Kim S Kung
Eid,todd A
Grant Deed
$234,400 · Downey S & L (wholesale)
Oct 30, 1995
—
Ted P Ducca
State Of California
Grant Deed
related
—
Jan 1, 1989
—
—
—
Grant Deed
related
—
—
—
Kim S Kung
—
Deed Of Trust
related
$107,500 · Guaranty Bank
—
—
Kim S Kung
—
Deed Of Trust
related
$700,000 · Revive Enterprises INC
—
—
Jennifer Lee
—
Deed Of Trust
related
$800,000 · Daniel T Hwang
—
—
Jennifer Lee
—
Deed Of Trust
related
$1,200,000 · Korean Young Student Help Assn
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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