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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Warehouses
3650 Hess Rd Red Bluff, CA 96080-9697
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-1947209
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2007
Construction
WOOD
Total area
1,536 SF
Lot
1.77 ac (77,101 SF)
Zoning code
M-2
APN
027-050-005-000
UPID
US09-1947209
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
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.10M
Owner & transaction history
Todd A Janes · 3 yrs held
Todd A Janes
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
M-2 · Red Bluff, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 25.84 M-2, GENERAL INDUSTRIAL DISTRICTS. (A) It is intended that this district classification be applied to properties deemed appropriate for general industrial uses and designated “I” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “M-2” in the chart marked “industrial zones and permit r…
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
135.80 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
$1,170,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Nov 23 2022)
Last sale anchor
$1.10M
Nov 23 2022
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
$716 / 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
$8,557
Tax year 2024
Assessed value
$827,800
Assessed 2024
Previous assessed
$811,540
+2.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$204,000
Assessed improvement
$623,800
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
2
Total area
1,536 SF
Lot
1.77 ac (77,101 SF)
Zoning code
M-2
APN
027-050-005-000
UPID
US09-1947209
Jurisdiction
TEHAMA
Zoning & alternative use
M-2 · Red Bluff, CAZoning M-2 · permitted uses
M-2 · Red Bluff, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 25.84 M-2, GENERAL INDUSTRIAL DISTRICTS. (A) It is intended that this district classification be applied to properties deemed appropriate for general industrial uses and designated “I” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “M-2” in the chart marked “industrial zones and permit requirements” in
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
135.80 ac
Source
CHAPTER 25: ZONING
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Lot
1.77 ac
Current owner
From public records · entity-resolved
Todd A Janes
Individual
Mailing address
PO BOX 992341, REDDING, CA 96099-2341
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2022
$1,100,000
Todd A Janes
Kenny L Smith
Grant Deed
$499,000 · Kenny Smith
Feb 16, 2021
—
Kenny L Smith
Glenn B Jacobs
Correction Deed
related
—
Oct 3, 2019
$617,500
Kenny L Smith
Glenn Jacobs
Grant Deed
—
Sep 29, 2015
$250,000
Glenn B Jacobs
Westland Construction Corp
Grant Deed
—
Sep 29, 2015
—
Glenn B Jacobs
Jacobs,sheila D
Quit Claim Deed
related
—
Jul 16, 2015
$200,700
Westland Construction Corp
Tax Collector Of Tehama County
Tax Deed
related
—
Jan 25, 2010
—
Hess Road Storage LLC
Mtj Investment Group LLC
Grant Deed
—
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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