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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Bowling alleys
365 Main St Red Bluff, CA 96080-4313
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-1640855
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1959
Construction
TILT-UP CONCRETE
Total area
15,360 SF
Lot
1.33 ac (57,934 SF)
Zoning code
C-3
APN
033-140-017-000
UPID
US09-1640855
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
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Neher Commercial Holdings LP · 3 yrs held
Neher Commercial Holdings LP
since 2023
Last sale
$550,000
5 recorded transactions
Zoning & alternative use
C-3 · Red Bluff, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 25.70 C-3, GENERAL COMMERCIAL DISTRICTS. (A) This district classification is intended to be applied where general commercial facilities are necessary for public service and convenience that are designated “C” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “C-3” in the chart marked “comme…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
436.73 ac
Source
CHAPTER 25: ZONING
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 Red Bluff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Red Bluff 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
$550,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (Mar 6 2023)
Last sale anchor
$550k
Mar 6 2023
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
$36 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,891
Tax year 2023
Assessed value
$566,330
Assessed 2023
Previous assessed
$566,330
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$120,000
Assessed improvement
$446,330
Applied tax rate
2.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
15,360 SF
Lot
1.33 ac (57,934 SF)
Zoning code
C-3
APN
033-140-017-000
UPID
US09-1640855
Jurisdiction
TEHAMA
Zoning & alternative use
C-3 · Red Bluff, CAZoning C-3 · permitted uses
C-3 · Red Bluff, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 25.70 C-3, GENERAL COMMERCIAL DISTRICTS. (A) This district classification is intended to be applied where general commercial facilities are necessary for public service and convenience that are designated “C” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “C-3” in the chart marked “commercial zones and permit requirements” in
Zone name
General Commercial
General category
COMMERCIAL
Zone area
436.73 ac
Source
CHAPTER 25: ZONING
Building & site characteristics
From public records
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
Neher Commercial Holdings LP
Entity
Mailing address
PO BOX 489, SHINGLE SPRINGS, CA 95682-0489
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2024
—
Neher Commercial INC
—
Deed
related
$725,000 · Etash Rc LLC
Mar 6, 2023
—
Neher Commercial Holdings LP
Daniel Gene Neher
Intrafamily Transfer
related
—
Dec 15, 2022
$550,000
Daniel Gene Neher
Penne Family LLC
Grant Deed
$350,000 · Penne Family LLC
Jun 2, 2000
—
Penne Family LLC
Penne,eugene F & Gena L
Quit Claim Deed
related
—
—
—
Penne Family LLC
—
Deed Of Trust
related
$250,000 · Tehama 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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