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Property profile & analytics
OFF-MARKET
Estimated value
$3,485,000
Retail space
350 Elm Ave Auburn, CA 95603-4525
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-9280899
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
TILT-UP CONCRETE
Total area
20,710 SF
Lot
1.5 ac (65,340 SF)
Zoning code
C12
APN
001-045-020-000
UPID
US09-9280899
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
-
Flame & Fire Restaurant
-
Cigarettes For Less (smoke shop) kratom and cbd (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.16M
Blend (final)
Blend
$3.49M
Owner & transaction history
Carl E Best · 2 yrs held
Carl E Best
since 2023
7 recorded transactions
Zoning & alternative use
C12 · Auburn, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.6M
+48.3%
Commercial (general)
$4.8M
+28.5%
Medical building
$4.8M
+26.9%
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
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
RETAIL STORES
$3,755,000
Current use
AUTO REPAIR, GARAGE
$5,565,000
Change: +48% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,825,000
Change: +29% · Conversion: Easy
MEDICAL BUILDING
$4,765,000
Change: +27% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,145,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$3.49M
Range $3.14M – $3.83M · ±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
$168 / 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
$73,074
Tax year 2024
Assessed value
$5,109,711
Assessed 2024
Previous assessed
$5,109,711
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$975,169
Assessed improvement
$4,134,542
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Construction
TILT-UP CONCRETE
Heating
NONE
Units
13
Total area
20,710 SF
Lot
1.5 ac (65,340 SF)
Zoning code
C12
APN
001-045-020-000
UPID
US09-9280899
Jurisdiction
PLACER
Zoning & alternative use
C12 · Auburn, CA
Zoning C12 · permitted uses
C12 · 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
RETAIL STORES Current
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$4.8M
INDUSTRIAL (GENERAL)
Est. value
$3.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
Construction
TILT-UP CONCRETE
Heating
NONE
Units
13
Lot
1.5 ac
Current owner
From public records · entity-resolved
Carl E Best
Individual
Mailing address
2580 SIERRA BLVD E STE E, SACRAMENTO, CA 95825-4865
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2023
—
Carl E Best
Carl E Best
Intrafamily Transfer
related
$2,000,000 · River Valley Community Bank
Jan 24, 2006
—
Shelby Best Family Partners
Best Shelby E Trust
Quit Claim Deed
—
Dec 6, 2005
—
Best Carl E 1999 Trust
Best,carl E
Quit Claim Deed
related
—
Oct 4, 2001
—
Best Trust
Best,shelby E
Quit Claim Deed
related
—
Nov 5, 1998
—
Best Trust
Best,shelby E
Quit Claim Deed
related
—
Dec 15, 1997
—
Carl E Best
Best,carl E & Janet S
Quit Claim Deed
related
$2,200,000 · Wells Fargo Bank
Dec 27, 1995
—
Carl E Best
Best,carl E & Shelby E
Quit Claim Deed
related
—
—
—
Carl E Best
—
Deed Of Trust
related
$2,070,000 · Bank Of America
—
—
Best Carl E 1999 Trust
—
Deed Of Trust
related
$2,665,000 · First Northern Bank Of Dixon
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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