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Property profile & analytics
FOR SALE
Commercial real estate
3297 E State Hwy 20 Nice, CA 95464
Individually Owned
6-yr Hold
Free & Clear
Property ID
US09-3380968
For Sale
1 / 23
$800,000
3297 E State Hwy 20, Nice, CA 95464
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1949
Construction
WOOD
Total area
1,760 SF
Lot
1.79 ac (77,972 SF)
Zoning code
CR
APN
032-123-020-000
UPID
US09-3380968
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Thomas Zappetta · 6 yrs held
Thomas Zappetta
since 2020
Last sale
$485,000
7 recorded transactions
Zoning & alternative use
CR · Nice, 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 Nice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nice 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
$6,009
Tax year 2024
Assessed value
$520,015
Assessed 2024
Previous assessed
$520,015
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$412,796
Assessed improvement
$107,219
Applied tax rate
68.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1949
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
1
Rooms
4
Bathrooms
2
Total area
1,760 SF
Lot
1.79 ac (77,972 SF)
Zoning code
CR
APN
032-123-020-000
UPID
US09-3380968
Jurisdiction
LAKE
Zoning & alternative use
CR · Nice, CA
Zoning CR · permitted uses
CR · Nice, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nice. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
2
Lot
1.79 ac
Current owner
From public records · entity-resolved
Thomas Zappetta
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 95, NICE, CA 95464-0095
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2020
$485,000
Thomas Zappetta
Daniel B Kelly
Grant Deed
—
Nov 1, 2017
—
Daniel B Kelly
—
Deed
related
$300,000 · Remainder Martin A G Tr(pt)
Jan 15, 2010
$225,500
Daniel B Kelly
Taylor Tom D Living Trust
Grant Deed
related
—
Jun 2, 2008
$100,000
Taylor Tom D Living Trust
Redwood Trust Deed Svcs
Trustees Deed
—
Mar 4, 2008
$100,000
Taylor Tom D Living Trust
Redwood Trust Deed Svcs INC
Trustees Deed
related
—
Oct 1, 2007
—
Louken Ents LLC
Brotman,nancy E
Grant Deed
—
Nov 18, 2002
$202,000
Nancy E Brotman
Taylor,tr
Grant Deed
related
$235,000 · Taylor Trust
Sep 19, 2002
—
Taylor,tr
Taylor,tom
Quit Claim Deed
related
—
Sep 15, 2000
$345,000
Tom Taylor
Munderioh Trust
Grant Deed
$235,000 · Seller
Mar 24, 1995
—
Walter A Munderloh
Munderloh,walter A & Claire E
Quit Claim Deed
related
—
Jun 15, 1994
$122,500
Walter A Munderloh
Hensley Trust
Grant Deed
related
—
—
—
Daniel B Kelly
—
Deed Of Trust
related
$300,000 · Remainder Martin A G Tr(pt)
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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