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Property profile & analytics
OFF-MARKET
Estimated value
$375,000
Retail space
2308 Central Ave Mckinleyville, CA 95519-3614
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-1442092
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
1.16 ac (50,529 SF)
Zoning code
C-2-AP-N
APN
510-111-009-000
UPID
US09-1442092
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
-
A & L Feed and Pet Supply (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$375k
Owner & transaction history
Kit Kimes · 11 yrs held
Kit Kimes
since 2014
7 recorded transactions
Zoning & alternative use
C-2-AP-N · Mckinleyville, 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 Mckinleyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mckinleyville 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
by Request
ML approach
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$375k
Range $338k – $413k · ±10%
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
—
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
$9,580
Tax year 2024
Assessed value
$821,729
Assessed 2024
Previous assessed
$821,729
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$477,199
Assessed improvement
$344,530
Applied tax rate
115.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Lot
1.16 ac (50,529 SF)
Zoning code
C-2-AP-N
APN
510-111-009-000
UPID
US09-1442092
Jurisdiction
HUMBOLDT
Zoning & alternative use
C-2-AP-N · Mckinleyville, CAZoning C-2-AP-N · permitted uses
C-2-AP-N · Mckinleyville, 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
Heating
NONE
Lot
1.16 ac
Current owner
From public records · entity-resolved
Kit Kimes
Individual
Mailing address
PO BOX 2068, MCKINLEYVILLE, CA 95519-2068
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2020
—
Kimes Kit And Caboodle
—
Deed
related
$740,000 · Umpqua Bank
Dec 15, 2014
—
Kit Kimes
Kime Wishing Well LLC
Quit Claim Deed
—
May 1, 2012
$800,000
Kime Wishing Well LLC
Split Rock Properties LLC
Grant Deed
$700,000 · Split Rock Properties LLC
Jan 31, 2011
—
Split Rock Properties LLC
Wahlund,wendy
Grant Deed
—
Nov 30, 1984
—
Wendy L Gast
—
Grant Deed
related
—
—
—
Kime Wishing Well LLC
—
Deed Of Trust
related
$458,500 · Umpqua Bank
—
—
Split Rock Properties LLC
—
Deed Of Trust
related
$100,000 · Umpqua Bank
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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