Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Automotive properties
2440 Main St Lakeport, CA 95453-5649
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-0415845
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1989
Total area
8,775 SF
Lot
1.25 ac (54,450 SF)
Zoning code
C3
APN
005-052-250-000
UPID
US09-0415845
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
-
OnTrac Drop Box Logistics Company Freight Service
-
NAPA Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Rad Rentals LLC · 3 yrs held
Rad Rentals LLC
since 2022
7 recorded transactions
Zoning & alternative use
C3 · Lakeport, 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 Lakeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeport 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$855,000
Current use
RETAIL STORES
$800,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$700,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$59 / 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
$12,186
Tax year 2024
Assessed value
$975,895
Assessed 2024
Previous assessed
$975,895
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$208,080
Assessed improvement
$767,815
Applied tax rate
57.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1989
Heating
NONE
Bathrooms
2
Total area
8,775 SF
Lot
1.25 ac (54,450 SF)
Zoning code
C3
APN
005-052-250-000
UPID
US09-0415845
Jurisdiction
LAKE
Zoning & alternative use
C3 · Lakeport, CA
Zoning C3 · permitted uses
C3 · Lakeport, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakeport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$855,000
RETAIL STORES
Est. value
$800,000
MEDICAL BUILDING
Est. value
$700,000
AUTO REPAIR, GARAGE Current
RETAIL STORES
MEDICAL BUILDING
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
1989
Heating
NONE
Bathrooms
2
Lot
1.25 ac
Current owner
From public records · entity-resolved
Rad Rentals LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 1328, LAKEPORT, CA 95453-1328
Ownership since
2022
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
Aug 2, 2022
—
Rad Rentals LLC
Padel Enterprises
Grant Deed
—
Dec 13, 2021
$938,500
Padel Enterprises
John D Brossard
Grant Deed
$704,000 · Umpqua Bank
Aug 15, 2018
—
County Of Lake
John D Brossard
Quit Claim Deed
related
—
Jan 24, 2014
$450,000
John D Brossard
Airport Auto Brokers Ltd
Grant Deed
—
Jul 13, 1999
$400,000
Airport Auto Brokers Ltd
Riso,joseph R & Jennifer D
Grant Deed
$335,000 · Seller
Jan 1, 1990
—
Riso,joseph R
—
Grant Deed
related
—
—
—
Airport Auto Brokers Ltd
—
Deed Of Trust
related
$380,000 · Chuck & Marsha R Holder
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2440 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
