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Property profile & analytics
FOR SALE
Warehouses
2410 Progress Dr Redding, CA 96001
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1735289
For Sale
1 / 14
$9,000,000
2410 Progress Dr, Redding, CA 96001
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Construction
WOOD
Total area
58,810 SF
Lot
7.28 ac (317,116 SF)
APN
048-120-041-000
UPID
US09-1735289
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
-
Eastside Road Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.40M
Owner & transaction history
Romane L Hamblin · 5 yrs held
Romane L Hamblin
since 2021
7 recorded transactions
Zoning & alternative use
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 Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding 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
$1,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±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
$24 / 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
$38,952
Tax year 2024
Assessed value
$3,616,137
Assessed 2024
Previous assessed
$3,616,137
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$743,567
Assessed improvement
$2,872,570
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Sale
Year built
2003
Construction
WOOD
Heating
NONE
Stories
1
Total area
58,810 SF
Lot
7.28 ac (317,116 SF)
APN
048-120-041-000
UPID
US09-1735289
Jurisdiction
SHASTA
Zoning & alternative use
Zoning · permitted uses
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
2003
Construction
WOOD
Heating
NONE
Stories
1
Lot
7.28 ac
Current owner
From public records · entity-resolved
Romane L Hamblin
Individual
Free & Clear · 5 yrs held
Mailing address
4677 ALTA SAGA DR, REDDING, CA 96002-4146
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2021
—
Romane L Hamblin
Louise Hamblin Romane
Intrafamily Transfer
related
—
Mar 26, 2021
$22,500
Kit Edward Hamblin
Keith A Hamblin
Grant Deed
related
—
Oct 5, 2016
—
Hamblin,kit E & Romane L Trust
—
Trustees Deed
related
$3,750,000 · Private Individual
Aug 14, 2006
—
Hamblin Kit E & R L Trust
Hamblin,kit E & Romane L
Quit Claim Deed
related
$800,000 · Chec INC
Jun 9, 2006
—
Kit E Hamblin
Pyszora,gary R
Grant Deed
—
May 19, 2005
$13,500
Kit E Hamblin
Hayhurst 1995 Trust
Grant Deed
—
Sep 28, 2004
—
Gary R Pyszora
Pyszora,teresa Y
Quit Claim Deed
related
—
Sep 28, 2004
$46,000
Gary R Pyszora
Hamblin,kit E & Romane L
Grant Deed
related
—
Jun 11, 2004
$13,500
Hayhurst,tr
Hamblin,kit E & Romane K
Grant Deed
—
Feb 19, 2002
$250,000
Kit E Hamblin
Kite Trust
Grant Deed
$75,000 · Kite Trust
—
—
Kit E Hamblin
—
Deed Of Trust
related
$1,000,000 · Bauman Trust
—
—
Alexander Dubose
—
Deed Of Trust
related
$163,750 · Whittemore G K 2005 Trust
—
—
Kit E Hamblin
—
Deed Of Trust
related
$1,000,000 · Riley Trust
—
—
Kit E Hamblin
—
Deed Of Trust
related
$100,000 · Chec INC
—
—
Hamblin,kit E & Romane L Trust
—
Loan Modification
related
$2,220,000 · Five Star Bank
—
—
Hamblin,kit E & Romane L Trust
—
Deed Of Trust
related
$50,000 · Private Individual
—
—
Hamblin,kit E & Romane L Trust
—
Deed Of Trust
related
$2,220,000 · Five Star Bank
—
—
Hamblin,kit E & Romane L Trust
—
Deed Of Trust
related
$300,000 · Five Star Bank
—
—
Hamblin Kit E & Romane L Trust
—
Deed Of Trust
related
$394,280 · Cegs Chain Family Trust
—
—
Hamblin Kit E & Romane L Trust
—
Deed Of Trust
related
$1,834,000 · Chec INC
—
—
Hamblin,kit E & R L Trust
—
Deed Of Trust
related
$371,000 · Olson 2005 Family Trust
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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