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Property profile & analytics
OFF-MARKET
Estimated value
$2,990,000
Retail space
2600 State St Ukiah, CA 95482-3025
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-3169664
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
3.5 ac (152,460 SF)
Zoning code
C
APN
169-200-13-00
UPID
US10-3169664
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
-
Gunnink's Harley-Davidson Motorcycle Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.99M
Owner & transaction history
Magnusen Racing LLC · 5 yrs held
Magnusen Racing LLC
since 2021
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
C · Ukiah, 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 Ukiah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ukiah 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
$2,930,000
ML approach
$2,975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.99M
Range $2.69M – $3.29M · ±10% · vs last sale $3.00M (May 28 2021)
Last sale anchor
$3.00M
May 28 2021
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 2023Property tax & assessments
Tax year 2023
Tax billed
$28,307
Tax year 2023
Assessed value
$2,322,801
Assessed 2023
Previous assessed
$2,322,801
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,190,699
Assessed improvement
$1,132,102
Applied tax rate
154.0000
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
3.5 ac (152,460 SF)
Zoning code
C
APN
169-200-13-00
UPID
US10-3169664
Jurisdiction
MENDOCINO
Zoning & alternative use
C · Ukiah, CA
Zoning C · permitted uses
C · Ukiah, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ukiah. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
3.5 ac
Current owner
From public records · entity-resolved
Magnusen Racing LLC
Entity
Mailing address
2600 N STATE ST, UKIAH, CA 95482-3025
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2021
$3,000,000
Magnusen Racing LLC
Parks Duell
Grant Deed
$2,700,000 · Wells Fargo Bank NA
Oct 25, 2010
—
Parks Duell Living Trust
Parks,duell
Quit Claim Deed
related
—
Feb 3, 2006
$1,750,000
Parks Duell
Thomas Cogliano
Grant Deed
$771,000 · Savings Bank Of Mendocino County
Apr 29, 2003
—
Dennis J Thurston
Thurston Chevrolet-oldsmobile
Quit Claim Deed
related
—
Apr 15, 2003
—
Thomas Cogliano
Thurston,dennis J & Carol A
Grant Deed
$1,150,000 · Savings Bank Mendocino County
May 10, 2000
$1,450,000
Dennis J Thurston
Eriksen Trust
Grant Deed
$1,437,000 · General Motors Acceptance Corp
Sep 15, 1994
—
Theodore R Eriksen
—
Deed Of Trust
related
$1,937,000 · Savings Bank Mendocino County
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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