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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Retail space
298 Main St Bishop, CA 93514-2739
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-5236446
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1942
Construction
WOOD
Total area
5,612 SF
Lot
0.15 ac (6,499 SF)
APN
001-133-01-00
UPID
US09-5236446
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$607k
Blend (final)
Blend
$630k
Owner & transaction history
Vp Custom Investments LLC · 2 yrs held
Vp Custom Investments LLC
since 2023
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 Bishop submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bishop 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
$660,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $650k (Sep 29 2023)
Last sale anchor
$650k
Sep 29 2023
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
$112 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,404
Tax year 2023
Assessed value
$509,293
Assessed 2023
Previous assessed
$509,293
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$203,717
Assessed improvement
$305,576
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
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
1942
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,612 SF
Lot
0.15 ac (6,499 SF)
APN
001-133-01-00
UPID
US09-5236446
Jurisdiction
INYO
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
1942
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Vp Custom Investments LLC
Entity
Free & Clear · 2 yrs held
Mailing address
298 N PO BOX 684TH ST, BISHOP, CA 93515-0684
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
$650,000
Vp Custom Investments LLC
Rain Shadow Brewing Company LLC
Grant Deed
—
Sep 18, 2020
—
Rain Shadow Brewing Co LLC
Rain Shadow Brewing Co LLC
Quit Claim Deed
related
$1,345,000 · Fund-ex Solutions Group LLC
Jan 22, 2020
—
Rain Shadow Brewing Co LLC
Rose & Thorn Brewing Co LLC
Quit Claim Deed
—
Apr 15, 2019
$475,000
Rose & Thorn Brewing Co LLC
Needham Trust
Grant Deed
$425,000 · Needham Trust (pt)
Jul 5, 2011
—
Needham Trust
Conder D C & R Living Trust
Grant Deed
related
—
Jun 26, 1986
—
Conder Trust Dtd 1984 Davi|conder,david C
—
Grant Deed
related
—
May 10, 1982
—
—
—
Grant Deed
related
—
Jan 21, 1977
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Aug 30, 1965
—
Owner Name Unavailable
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.
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