New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Investment properties
340 Hartnell Ave Redding, CA 96002-1872
Entity Owned
17-yr Hold
Free & Clear
Property ID
US10-1937555
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2006
Total area
8,231 SF
Lot
0.19 ac (8,146 SF)
APN
107-600-027-530
UPID
US10-1937555
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
-
Shoff Robert C DDS Dental Office
-
Evanhoe Kellogg & Company, CPAs: Bryan D. Russell, CPA Accounting Firm
-
Evanhoe Kellogg & Company CPA's Inc. Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.42M
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.33M
Owner & transaction history
340 Hartnell LLC · 17 yrs held
340 Hartnell LLC
since 2008
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+54.1%
Retail stores
$1.3M
+48.1%
Medical building
$1.2M
+37.5%
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 Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding 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%
$1,540,000
6.5%
$1,420,000
7%
$1,320,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$890,000
Current use
RESTAURANT
$1,370,000
Change: +54% · Conversion: Difficult
RETAIL STORES
$1,315,000
Change: +48% · Conversion: Easy
MEDICAL BUILDING
$1,220,000
Change: +38% · Conversion: Easy
AUTO REPAIR, GARAGE
$915,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±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
$161 / 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
$18,494
Tax year 2024
Assessed value
$1,680,000
Assessed 2024
Previous assessed
$1,680,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$425,000
Assessed improvement
$1,255,000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
8,231 SF
Lot
0.19 ac (8,146 SF)
APN
107-600-027-530
UPID
US10-1937555
Jurisdiction
SHASTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$890,000
RESTAURANT
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$915,000
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
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
2006
Heating
NONE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
340 Hartnell LLC
Entity
Free & Clear · 17 yrs held
Mailing address
340 HARTNELL AVE STE C, REDDING, CA 96002-1873
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2008
—
340 Hartnell LLC
Shoff,robert C & Kathleen A
Grant Deed
related
—
Apr 17, 2008
$309,500
Robert C Shoff
Hartnell Land LLC
Grant Deed
—
Sep 7, 2006
$333,500
Robert C Shoff
Hartnell Land LLC
Grant Deed
$1,687,500 · Redding Bank Of Commerce
Jul 30, 2004
—
Hartnell Land LLC
—
Grant Deed
related
$3,500,000 · Redding Bank Of Commerce
Feb 26, 2004
—
Hartnell Land LLC
Hartnell Land LLC
Quit Claim Deed
related
—
Nov 15, 2002
$730,000
Hartnell Land LLC
Alleghany Properties INC
Grant Deed
$510,000 · Mid Valley Bank
May 17, 2000
—
Alleghany Properties INC
Dunlap,john C
Quit Claim Deed
related
—
Oct 24, 1996
$256,000
John C Dunlap
Sharrah Dunlap & Associates In
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 340 Hartnell Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
