New search
Property profile & analytics
OFF-MARKET
Retail space
348 Merchant St Vacaville, CA 95688-4558
Individually Owned
2-yr Hold
Free & Clear
Property ID
US10-3221995
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Total area
2,514 SF
Lot
0.06 ac (2,744 SF)
APN
0130-183-090
UPID
US10-3221995
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
-
Pabla Sweets and Catering Take-out & Catering Catering Service
-
Final Kuts barber shop Barber Shop
-
Peacock Lounge A Color Bar By Hair Salon Nail 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
Kevin Norman · 2 yrs held
Kevin Norman
since 2024
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
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 Vacaville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vacaville 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,526
Tax year 2023
Assessed value
$473,028
Assessed 2023
Previous assessed
$473,028
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$131,396
Assessed improvement
$341,632
Applied tax rate
6.0000
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
1946
Heating
NONE
Stories
1
Total area
2,514 SF
Lot
0.06 ac (2,744 SF)
APN
0130-183-090
UPID
US10-3221995
Jurisdiction
SOLANO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1946
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Kevin Norman
Individual
Free & Clear · 2 yrs held
Mailing address
6012 DIMM WAY, RICHMOND, CA 94805-1216
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2024
—
Kevin Norman
Kevin Norman
Intrafamily Transfer
related
—
May 12, 2023
—
Neal Gapoff
Neal W Gapoff
Intrafamily Transfer
related
—
Jul 18, 2019
$450,000
Neal W Gapoff
Norman,kevin
Grant Deed
$50,000 · Linda S Lossmann
Jun 15, 2018
$400,000
Kevin Norman
Boykin,jason
Grant Deed
$350,000 · Jason Boykin
Jun 15, 2018
—
Kevin Norman
Norman,erika
Quit Claim Deed
related
—
Jan 24, 2017
$200,000
Jason Boykin
Ormaas R K & E K Trust
Grant Deed
—
Jul 1, 2015
—
Holdener,g Anne Trust
Holdener Anne
Quit Claim Deed
related
—
Dec 29, 2005
$200,000
Ormaas R K & E K 2003 Trust
Dobbins,donald T
Grant Deed
—
Feb 9, 2004
—
Ormaas Robert K & E 2003 Trust
Ormaas,robert K
Quit Claim Deed
related
—
Nov 13, 2003
—
Anne Holdener
Ormaas,tr
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 348 Merchant St?
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.
