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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Office Spaces
31232 State Hwy 44 Shingletown, CA 96088-9325
Entity Owned
6-yr Hold
Free & Clear
Property ID
US09-4674853
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1978
Construction
WOOD
Total area
5,040 SF
Lot
2.04 ac (88,862 SF)
Zoning code
MU
APN
096-020-013-000
UPID
US09-4674853
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$542k
Blend (final)
Blend
$540k
Owner & transaction history
Sims Holdings INC · 6 yrs held
Sims Holdings INC
since 2019
6 recorded transactions
Zoning & alternative use
MU · Shingletown, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$840,000
+33.6%
Medical building
$730,000
+16.4%
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 Shingletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shingletown 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$625,000
Current use
RESTAURANT
$840,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$730,000
Change: +16% · Conversion: Easy
RETAIL STORES
$605,000
Change: -4% · Conversion: Easy
AUTO REPAIR, GARAGE
$560,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$107 / 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
$5,612
Tax year 2024
Assessed value
$517,031
Assessed 2024
Previous assessed
$517,031
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$109,363
Assessed improvement
$407,668
Applied tax rate
57.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
5,040 SF
Lot
2.04 ac (88,862 SF)
Zoning code
MU
APN
096-020-013-000
UPID
US09-4674853
Jurisdiction
SHASTA
Zoning & alternative use
MU · Shingletown, CA
Zoning MU · permitted uses
MU · Shingletown, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shingletown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$625,000
RESTAURANT
Est. value
$840,000
MEDICAL BUILDING
Est. value
$730,000
RETAIL STORES
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$560,000
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
1978
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
2.04 ac
Current owner
From public records · entity-resolved
Sims Holdings INC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 759, SHINGLETOWN, CA 96088-0759
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2019
—
Sims Holdings INC
Sims Construction INC
Quit Claim Deed
related
—
Jul 10, 2019
$325,000
Sims Construction INC
Rawitzer J A & L L L/tr
Grant Deed
—
May 27, 2011
—
Rawitzer J A & L L Trust
Rawitzer,jay A & Linda L
Quit Claim Deed
related
—
Jan 27, 1998
$175,000
Rawitzer,jay A & Linda L
Melnick,philip
Trustees Deed
$50,000 · Seller
Jan 27, 1998
—
Melnick,philip
Via,carlos
Trustees Deed
related
—
Jan 30, 1997
$195,000
Philip Melnick
Via,carlos
Grant Deed
—
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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