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Property profile & analytics
FOR LEASE
Parking lots & garages
2222 Grass Valley Hwy Auburn, CA 95603
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-9033770
For Lease
Contact for pricing
2222 Grass Valley Hwy, Auburn, CA 95603
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1990
Lot
1.9 ac (82,764 SF)
Zoning code
C1
APN
052-360-003-000
UPID
US09-9033770
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
Current use
Occupant on record · Public records
-
Peet's Coffee & Tea Cafe & Coffee Shop
-
Bel Air Grocery & Convenience Store Food Market
-
Bel Air Pharmacy Pharmacy
-
Wells Fargo ATM Atm
-
Sizzling wok/ Hot wok Restaurant
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
Erep Auburn Village I LP · 11 yrs held
Erep Auburn Village I LP
since 2015
4 recorded transactions
Zoning & alternative use
C1 · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$15,273
Tax year 2024
Assessed value
$1,456,560
Assessed 2024
Previous assessed
$1,456,560
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,144,440
Assessed improvement
$312,120
Applied tax rate
56.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
For Lease
Year built
1990
Heating
NONE
Lot
1.9 ac (82,764 SF)
Zoning code
C1
APN
052-360-003-000
UPID
US09-9033770
Jurisdiction
PLACER
Zoning & alternative use
C1 · Auburn, CAZoning C1 · permitted uses
C1 · Auburn, CA
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
1990
Heating
NONE
Lot
1.9 ac
Current owner
From public records · entity-resolved
Erep Auburn Village I LP
Entity
Mailing address
515 CONGRESS AVE STE #1925, AUSTIN, TX 78701-0024
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2015
$31,300,000
Erep Auburn Village I LP
Fw Ca-auburn Village LLC
Grant Deed
$21,000,000 · Lincoln Benefit Life Co
Jun 24, 2005
$33,050,500
Fw Ca Auburn Village LLC
U S Retail Partners LLC
Grant Deed
$22,279,000 · Wachovia Bank NA
Jun 15, 1999
—
Bpp Retail LLC
Burnham Pacific Operating Part
Grant Deed
related
—
May 30, 1997
—
Burnham Pacific Properties INC
Yamasaki Auburn Village Ltd
Quit Claim Deed
related
$28,000,000 · Nomura Asset Capital Corp
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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