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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Apartment buildings
2270 Heather Ln Arcata, CA 95521-5363
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1530151
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1981
Construction
WOOD
Total area
4,736 SF
Lot
0.38 ac (16,552 SF)
Zoning code
R-MH
APN
505-341-028-000
UPID
US09-1530151
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
$1.09M
CAP Approach
CAP
$870k
Comparable Approach
Comparable
$943k
Blend (final)
Blend
$1.01M
Owner & transaction history
Gregori Tenorio · 2 yrs held
Gregori Tenorio
since 2023
Last sale
$998,000
7 recorded transactions
Zoning & alternative use
R-MH · Arcata, 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 Arcata submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcata 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
$1,130,000
ML approach
$1,090,000
CAP Approach
CAP Return
Estimation
6%
$940,000
6.5%
$870,000
7%
$805,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$950,000
Current use
COMMERCIAL (GENERAL)
$830,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $998k (Sep 18 2023)
Last sale anchor
$998k
Sep 18 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
$212 / 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
$12,525
Tax year 2024
Assessed value
$1,091,455
Assessed 2024
Previous assessed
$1,091,455
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$382,774
Assessed improvement
$708,681
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,736 SF
Lot
0.38 ac (16,552 SF)
Zoning code
R-MH
APN
505-341-028-000
UPID
US09-1530151
Jurisdiction
HUMBOLDT
Zoning & alternative use
R-MH · Arcata, CA
Zoning R-MH · permitted uses
R-MH · Arcata, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arcata. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$830,000
APARTMENT HOUSE (5+ UNITS) Current
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
1981
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Gregori Tenorio
Individual
Mailing address
1901 DUTYVILLE RD, GARBERVILLE, CA 95542-9600
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
Sep 18, 2023
—
Gregori Tenorio
John Gregori Gilbert
Intrafamily Transfer
related
—
Jul 6, 2020
—
Gregori-tenorio Trust
Gilbert J Gregori
Quit Claim Deed
related
—
Jan 22, 2020
—
Gilbert J Gregori
—
Deed
related
$648,700 · Golden Pacific Bank
Sep 27, 2019
—
Gilbert J Gregori
Gregori,mariah A
Quit Claim Deed
—
Apr 11, 2019
$998,000
Gilbert J Gregori
Radtke John L 2009 Trust
Grant Deed
—
Oct 15, 2009
—
Radtke John L 2009 Trust
Radtke,john L
Quit Claim Deed
related
—
Oct 20, 2004
—
John Radtke
Radtke Laurence & E Trust
Quit Claim Deed
related
$425,000 · Luther Burbank Savings & Loan
Mar 25, 2004
—
John Radtke
Radtke,tr
Quit Claim Deed
related
—
—
—
Gilbert J Gregori
—
Deed Of Trust
related
$648,700 · Golden Pacific Bk
—
—
Radtke Trust
—
Deed Of Trust
related
$213,750 · Luther Burbank Savings & Loan
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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