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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Medical Office Space
2950 Eureka Way Redding, CA 96001-0200
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-2308538
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1987
Construction
TILT-UP CONCRETE
Total area
6,759 SF
Lot
0.44 ac (19,166 SF)
APN
103-750-018-000
UPID
US09-2308538
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
-
Zufall Caring Dentistry Dental Office
-
Dr. Sheva Nickravesh DDS, PC Dental Office
-
Shawn K. Wilson, DDS Dental Office
-
Gandy Todd T DDS Dental Office
-
Seiler Cindy Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$761k
Blend (final)
Blend
$605k
Owner & transaction history
Singh Dhami Gurvir · 3 yrs held
Singh Dhami Gurvir
since 2022
Last sale
$650,000
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
Method
Estimation
Statistic approach
$530,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$960,000
Current use
RETAIL STORES
$840,000
Change: -12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$790,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $650k (Dec 30 2022)
Last sale anchor
$650k
Dec 30 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
$90 / 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
$12,467
Tax year 2024
Assessed value
$1,179,443
Assessed 2024
Previous assessed
$1,179,443
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$279,700
Assessed improvement
$899,743
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
1
Total area
6,759 SF
Lot
0.44 ac (19,166 SF)
APN
103-750-018-000
UPID
US09-2308538
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$960,000
RETAIL STORES
Est. value
$840,000
COMMERCIAL (GENERAL)
Est. value
$790,000
MEDICAL BUILDING Current
RETAIL STORES
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
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Singh Dhami Gurvir
Individual
Mailing address
2950 EUREKA WAY STE C, REDDING, CA 96001-0200
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
$650,000
Singh Dhami Gurvir
Redding Eureka Way LLC
Grant Deed
$650,000 · Redding Eureka Way LLC
Oct 13, 2022
—
Redding Eureka Way LLC
Ronald Zufall
Agreement Of Sale
—
Aug 10, 2017
$180,000
Ronald Zufall
Terrace Dental Associates
Grant Deed
$135,000 · Terrace Dental Associates
Jun 2, 2017
$365,000
Redding Eureka Way LLC
Soren H Jacobsen
Grant Deed
$273,750 · Cornerstone Community Bank
Feb 21, 2017
—
Ronald Zufall
—
Deed
related
—
Oct 15, 2015
—
Jacobsen,soren & S 1999 Trust
Jacobsen,soren H & Suzanne L
Quit Claim Deed
related
—
Nov 20, 2001
—
Ronald Zufall
Zufall,ronald & Teresa J
Quit Claim Deed
related
$230,000 · Redding Bank Of Commerce
—
—
Terrace Dental II
—
Deed Of Trust
related
$87,000 · Redding Bank Of Commerce
—
—
Terrace Dental II
—
Deed Of Trust
related
$65,000 · Redding Bank Of Commerce
—
—
Zufall,ronald & Teresa J
—
Deed Of Trust
related
$363,437 · Redding Bk/commerce
—
—
Ronald Zufall
—
Loan Modification
related
—
—
—
Terrace Dental Associates II
—
Deed Of Trust
related
$121,000 · Redding Bank Of Commerce
—
—
Terrace Dental Associates II
—
Deed Of Trust
related
$191,900 · Redding Bank Of Commerce
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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