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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Retail space
279 Pne St Exeter, CA 93221-1749
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5925656
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1921
Construction
TILT-UP CONCRETE
Total area
4,347 SF
Lot
0.23 ac (9,892 SF)
Zoning code
CC
APN
138-094-008-000
UPID
US09-5925656
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
-
Frosty King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$767k
Blend (final)
Blend
$795k
Owner & transaction history
Debra Phillips · 8 yrs held
Debra Phillips
since 2018
7 recorded transactions
Zoning & alternative use
CC · Exeter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+92.0%
Medical building
$875,000
+58.9%
Office building
$610,000
+10.3%
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 Exeter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Exeter 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%
$1,035,000
6.5%
$955,000
7%
$885,000
Alternative Use
Use
Estimation
RETAIL STORES
$550,000
Current use
COMMERCIAL (GENERAL)
$1,060,000
Change: +92% · Conversion: Easy
MEDICAL BUILDING
$875,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$610,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$505,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$183 / 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
$6,064
Tax year 2024
Assessed value
$545,124
Assessed 2024
Previous assessed
$545,124
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$164,195
Assessed improvement
$380,929
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1921
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
5
Total area
4,347 SF
Lot
0.23 ac (9,892 SF)
Zoning code
CC
APN
138-094-008-000
UPID
US09-5925656
Jurisdiction
TULARE
Zoning & alternative use
CC · Exeter, CA
Zoning CC · permitted uses
CC · Exeter, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Exeter. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$550,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$875,000
OFFICE BUILDING
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$505,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
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
1921
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
5
Lot
0.23 ac
Current owner
From public records · entity-resolved
Debra Phillips
Individual
Free & Clear · 8 yrs held
Mailing address
26536 OAK TER PL, VALENCIA, CA 91381-0741
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Mar 1, 2018
—
Debra Phillips
Lucio,david
Quit Claim Deed
related
—
Dec 19, 2017
—
David Lucio
Lucio,mark
Quit Claim Deed
—
Aug 16, 2013
—
Phillips,j & D L 2012 Trust
Phillips,debra
Quit Claim Deed
related
—
Mar 7, 2013
$155,500
Debra Phillips
Macedo,marilyn
Grant Deed
—
Nov 19, 2007
—
Lucio D J 1998 Living Trust
Lucio,david
Quit Claim Deed
related
—
Jan 3, 2007
$415,000
David Lucio
Cho Family Trust
Grant Deed
—
Jan 3, 2007
—
Marilyn Macedo
Macedo,joe
Quit Claim Deed
related
—
Dec 11, 2000
—
Cho Trust
Cho,larry & Stefanie
Quit Claim Deed
related
—
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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