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Property profile & analytics
OFF-MARKET
Retail space
2728 Churn Crk Rd Redding, CA 96002-1123
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4162137
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Total area
1,196 SF
Lot
0.14 ac (6,210 SF)
APN
107-330-025-000
UPID
US09-4162137
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
-
Delight & Beula Massage Spa Alternative Medicine Practice Spa & Massage Center
-
CPC Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mei Lu Hsing · 3 yrs held
Mei Lu Hsing
since 2022
Last sale
$450,000
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,957
Tax year 2024
Assessed value
$175,000
Assessed 2024
Previous assessed
$175,000
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$50,000
Assessed improvement
$125,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Heating
NONE
Units
1
Total area
1,196 SF
Lot
0.14 ac (6,210 SF)
APN
107-330-025-000
UPID
US09-4162137
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
1980
Heating
NONE
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Mei Lu Hsing
Individual
Free & Clear · 3 yrs held
Mailing address
3550 GREENSTONE PL, REDDING, CA 96001-1375
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2022
—
Mei Lu Hsing
Peter Lu Taipeng
Intrafamily Transfer
related
—
Mar 27, 2018
—
Lu Family Trust
Lu,taipeng P & Hsing M
Quit Claim Deed
related
—
Mar 18, 2008
—
Tai-peng P Lu
Lu,tai-peng P & Hsing M
Quit Claim Deed
related
—
Dec 7, 2007
$300,000
Tai-peng P Lu
Lu,tai-peng P
Trustees Deed
related
—
Apr 20, 2006
$450,000
Midnight Holdings INC
Lu,tai-peng P
Grant Deed
$300,000 · Ncs Exchange Professionals
Apr 14, 2005
$123,500
Tai-peng P Lu
Weber,david S & Tracy
Grant Deed
—
Mar 22, 2000
$120,000
David S Weber
Kunakemakorn Trust
Grant Deed
$110,000 · Seller
—
—
Midnight Holdings INC
—
Deed Of Trust
related
$245,000 · William A Budde
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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