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Property profile & analytics
OFF-MARKET
Estimated value
$4,335,000
Grocery and convenience stores
290 Sierra College Dr Grass Valley, CA 95945-5762
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3819391
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2007
Total area
21,505 SF
Lot
4.13 ac (179,902 SF)
APN
035-540-033-000
UPID
US09-3819391
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
-
BriarPatch Food Co-op Grocery & Convenience Store Food Market
-
Grass Valley Optometric Group Physician
-
Shinto's Pet Food at Briar Patch C0-Op (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.33M
Blend (final)
Blend
$4.34M
Owner & transaction history
Briarpatch Cooperative Of Nv Cnty I · 4 yrs held
Briarpatch Cooperative Of Nv Cnty I
since 2022
Last sale
$6.1M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.9M
+87.5%
Office building
$3.7M
+16.6%
Commercial (general)
$3.5M
+11.8%
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 Grass Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grass Valley 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
$3,170,000
ML approach
$3,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,145,000
Current use
RESTAURANT
$5,905,000
Change: +88% · Conversion: Easy
OFFICE BUILDING
$3,670,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,520,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$4.34M
Range $3.90M – $4.77M · ±10% · vs last sale $6.05M (Jul 12 2022)
Last sale anchor
$6.05M
Jul 12 2022
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
$202 / 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
$106,394
Tax year 2024
Assessed value
$9,647,822
Assessed 2024
Previous assessed
$9,647,822
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$2,089,052
Assessed improvement
$7,558,770
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2007
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
3
Total area
21,505 SF
Lot
4.13 ac (179,902 SF)
APN
035-540-033-000
UPID
US09-3819391
Jurisdiction
NEVADA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.1M
RESTAURANT
Est. value
$5.9M
OFFICE BUILDING
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.5M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2007
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Lot
4.13 ac
Current owner
From public records · entity-resolved
Briarpatch Cooperative Of Nv Cnty I
Individual
Mailing address
290 SIERRA COLLEGE DR STE A, GRASS VALLEY, CA 95945-5762
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2022
—
Briarpatch Cooperative Of Nv Cnty I
Briarpatch Cooperative Of Nv Cnty I
Intrafamily Transfer
related
$6,750,000 · Tri Counties Bank
Jan 4, 2016
$6,050,000
Briarpatch Cooperative Of Nevada
Calloway Dev LLC
Grant Deed
$4,537,500 · Tri Counties Bank
Dec 30, 2010
—
Calloway Dev LLC
Owner Name Unavailable
Grant 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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