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Property profile & analytics
OFF-MARKET
Retail space
311 Neal St Grass Valley, CA 95945-6748
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3079765
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Construction
TILT-UP CONCRETE
Total area
2,244 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C
APN
008-376-001-000
UPID
US09-3079765
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
-
Sierra Pain and Performance Therapy Alternative Medicine Practice Spa & Massage Center
-
Lisa Swanson Alternative Medicine Practice Acupuncture
-
Atmosphere Design Build Architect
-
Bombshell Hair Co. Hair Salon
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
Justin M Gross · 3 yrs held
Justin M Gross
since 2022
Last sale
$225,000
7 recorded transactions
Zoning & alternative use
C · Grass Valley, CA
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 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
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
$2,823
Tax year 2024
Assessed value
$265,103
Assessed 2024
Previous assessed
$265,103
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$82,475
Assessed improvement
$182,628
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
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
2,244 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C
APN
008-376-001-000
UPID
US09-3079765
Jurisdiction
NEVADA
Zoning & alternative use
C · Grass Valley, CA
Zoning C · permitted uses
C · Grass Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grass Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Justin M Gross
Individual
Free & Clear · 3 yrs held
Mailing address
535 BUTLER ST, GRASS VALLEY, CA 95945-7107
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2022
—
Justin M Gross
Justin M Gross
Intrafamily Transfer
related
—
Aug 2, 2017
—
Felte,keith K Tr
Kathleen M Felte
Affidavit Of Death
related
$172,307 · Felte Bypass Trust (ct)
Aug 14, 2014
$225,000
Justin Gross
Felte Keith & K Trust
Grant Deed
$180,000 · Felte Keith & K Trust (pt)
Aug 14, 2014
—
Matthew Gross
Amelya Gross
Quit Claim Deed
related
—
Jul 7, 2004
—
Mcguire,tr
Mcguire,terry & Patricia N
Quit Claim Deed
related
—
Jun 22, 2004
—
Terry Mcguire
Mcguire,terry & Terry W
Quit Claim Deed
related
—
May 12, 2000
—
Terry W Mcguire
Mcguire Trust
Quit Claim Deed
related
—
Apr 21, 1997
—
Mcguire Trust
Mcguire Trust
Quit Claim Deed
related
—
Feb 1, 1995
—
Mcguire Trust
Mcguire,carlos T & Marie A
Quit Claim Deed
related
—
May 1, 1992
—
Carlos T Mcguire
Unknown
Grant Deed
related
—
—
—
Justin Gross
—
Loan Modification
related
$172,307 · Felte Bypass Trust (ct)
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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