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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Warehouses
323 Nevada St, Auburn, CA 95603-3703
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-9104537
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Total area
3,552 SF
Lot
0.28 ac (12,025 SF)
Zoning code
M2
APN
001-031-004-000
UPID
US09-9104537
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
-
Vachula Baseball club Gym & Fitness Center Sports School
-
Sierra Solid Surfaces, Inc Kitchen & Bath Showroom Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$508k
Blend (final)
Blend
$510k
Owner & transaction history
Kmack Investments LLC · 5 yrs held
Kmack Investments LLC
since 2021
Last sale
$565,000
6 recorded transactions
Zoning & alternative use
M2 · Auburn, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$830,000
+114.7%
Medical building
$815,000
+112.0%
Retail stores
$645,000
+67.1%
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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$460,000
ML approach
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$385,000
Current use
COMMERCIAL (GENERAL)
$830,000
Change: +115% · Conversion: Difficult
MEDICAL BUILDING
$815,000
Change: +112% · Conversion: Difficult
RETAIL STORES
$645,000
Change: +67% · Conversion: Moderate
OFFICE BUILDING
$490,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $565k (Jan 25 2021)
Last sale anchor
$565k
Jan 25 2021
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
$144 / 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
$5,770
Tax year 2024
Assessed value
$461,624
Assessed 2024
Previous assessed
$461,624
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$100,814
Assessed improvement
$360,810
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Heating
NONE
Units
1
Bathrooms
3
Total area
3,552 SF
Lot
0.28 ac (12,025 SF)
Zoning code
M2
APN
001-031-004-000
UPID
US09-9104537
Jurisdiction
PLACER
Zoning & alternative use
M2 · Auburn, CA
Zoning M2 · permitted uses
M2 · Auburn, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$385,000
COMMERCIAL (GENERAL)
Est. value
$830,000
MEDICAL BUILDING
Est. value
$815,000
RETAIL STORES
Est. value
$645,000
OFFICE BUILDING
Est. value
$490,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1977
Heating
NONE
Units
1
Bathrooms
3
Lot
0.28 ac
Current owner
From public records · entity-resolved
Kmack Investments LLC
Entity
Mailing address
PO BOX 870, LOOMIS, CA 95650-0870
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jan 25, 2021
—
Kmack Investments LLC
Kevin Mcdonald
Quit Claim Deed
—
Feb 1, 2018
—
Kevin Mcdonald
Mcdonald,morgan
Quit Claim Deed
related
—
Jan 30, 2018
$565,000
Kevin Mcdonald
Miller Family Living Tr (pt)
Grant Deed
$350,000 · Miller Family Living Tr (lt)
May 20, 2003
—
Miller,tr
Miller,alvah L & Judith W
Quit Claim Deed
related
—
Aug 24, 1995
$275,000
Alvah L Miller
Taylor Trust
Grant Deed
$275,000 · Seller
—
—
Miller Family Living Trust
—
Deed Of Trust
related
$119,902 · Umpqua Bank
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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