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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Showrooms
2662 Tarmac Rd Redding, CA 96003-9302
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US09-0625941
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1980
Construction
WOOD
Total area
11,250 SF
Lot
0.65 ac (28,470 SF)
Zoning code
C-M-DR
APN
109-310-013-000
UPID
US09-0625941
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
-
Carter Electric Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$875k
Blend (final)
Blend
$980k
Owner & transaction history
Tarmac Holdings LLC · 16 yrs held
Tarmac Holdings LLC
since 2010
6 recorded transactions
Zoning & alternative use
C-M-DR · Redding, 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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,450,000
Current use
RETAIL STORES
$1,400,000
Change: -4% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,250,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±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
$87 / 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
$8,453
Tax year 2024
Assessed value
$759,294
Assessed 2024
Previous assessed
$759,294
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$253,094
Assessed improvement
$506,200
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
FORCED AIR
Total area
11,250 SF
Lot
0.65 ac (28,470 SF)
Zoning code
C-M-DR
APN
109-310-013-000
UPID
US09-0625941
Jurisdiction
SHASTA
Zoning & alternative use
C-M-DR · Redding, CA
Zoning C-M-DR · permitted uses
C-M-DR · Redding, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redding. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1980
Construction
WOOD
Heating
FORCED AIR
Lot
0.65 ac
Current owner
From public records · entity-resolved
Tarmac Holdings LLC
Entity
Mailing address
2662 TARMAC RD, REDDING, CA 96003-9302
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2010
$600,000
Tarmac Holdings LLC
Hfrm II INC
Grant Deed
$310,000 · Cornerstone Community Bank
Apr 30, 2009
$380,000
Two Gs Properties LLC
Hfrm II INC
Grant Deed
$342,000 · Hfrm II INC
Dec 3, 2008
—
Hfrm II INC
Meyer Crest Ltd
Grant Deed
—
Dec 4, 1995
—
Meyer Motels Ltd
Diestler,dennis W & Deborah L
Grant Deed
related
—
—
—
Tarmac Holdings LLC
—
Deed Of Trust
related
$256,000 · Greater Sacramento Certified
—
—
Tarmac Holdings LLC
—
Deed Of Trust
related
$50,000 · Hfrm II INC
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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