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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Turn key restaurants
231 Colfax Ave Grass Valley, CA 95945-6843
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-3566018
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1963
Construction
TILT-UP CONCRETE
Total area
4,662 SF
Lot
0.25 ac (10,890 SF)
Zoning code
C
APN
008-472-005-000
UPID
US09-3566018
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
-
Meals on Wheels Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$725k
Owner & transaction history
Gold Cntry Cmnty Svcs · 5 yrs held
Gold Cntry Cmnty Svcs
since 2020
Last sale
$865,000
7 recorded transactions
Zoning & alternative use
C · Grass Valley, 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 Grass Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grass Valley 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
$575,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $865k (Nov 5 2020)
Last sale anchor
$865k
Nov 5 2020
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
$156 / 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
$2,102
Tax year 2024
Assessed value
$917,944
Assessed 2024
Previous assessed
$917,944
+0.0% YoY
Effective rate
0.23%
On assessed value
Assessed land
$159,181
Assessed improvement
$758,763
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
4,662 SF
Lot
0.25 ac (10,890 SF)
Zoning code
C
APN
008-472-005-000
UPID
US09-3566018
Jurisdiction
NEVADA
Zoning & alternative use
C · Grass Valley, CA
Zoning C · permitted uses
C · Grass Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grass Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Gold Cntry Cmnty Svcs
Individual
Mailing address
PO BOX 968, GRASS VALLEY, CA 95945-0968
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2024
—
Gold Country Community Services
—
Deed
related
$600,000 · Sierra Central Cu
Nov 5, 2020
$865,000
Gold Cntry Cmnty Svcs
Cooke Family Ents INC
Grant Deed
$376,703 · Cynthia E & Peter Trueblood
Aug 7, 2018
—
Cooke Family Ents INC
—
Deed
related
$300,000 · Lpp Mtg
Aug 18, 2017
—
Cooke Family Ents INC
—
Deed
related
$276,946 · Lpp Mtg
Jun 27, 2016
—
Cooke Family Ents INC
—
Deed
related
$284,286 · Lpp Mtg
May 3, 2013
$375,000
Cooke Family Enterprises INC
Bre-2 INC
Grant Deed
$300,000 · Bre-2 INC
Aug 18, 2008
$563,790
Bre-2 INC
Redwood Trust Deed Svcs
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Dec 19, 2005
$595,000
Miner Moes LLC
Bre-2002 INC
Grant Deed
$476,000 · Bre-2002 INC
Aug 24, 2004
$314,000
Bre 2002 INC
Redwood Trust Deed Svcs
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Dec 5, 1996
—
Sylvania A Clay
Watts,roy L
Grant Deed
related
—
Jun 9, 1989
$200,000
Roy L Watts
Unknown
Grant Deed
—
—
—
Cooke Family Ents INC
—
Loan Modification
related
$284,286 · Lpp Mtg
—
—
Miner Moes LLC
—
Deed Of Trust
related
$49,626 · Ted Scruggs
—
—
Cooke Family Enterprises INC
—
Deed Of Trust
related
$300,000 · Cynthia E Trueblood
—
—
Cooke Family Ents INC
—
Loan Modification
related
$276,946 · Lpp Mtg
—
—
Cooke Family Ents INC
—
Loan Modification
related
$300,000 · Lpp Mtg
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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