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Property profile & analytics
OFF-MARKET
Retail space
405 Main St Ferndale, CA 95536
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US09-1934990
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.09 ac (3,920 SF)
Zoning code
C-2-D
APN
031-083-019-000
UPID
US09-1934990
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
-
Redeye Laboratories Art Studio
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
Diane Barmore · 15 yrs held
Diane Barmore
since 2011
7 recorded transactions
Zoning & alternative use
C-2-D · Ferndale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Community Commercial or C2 Zone is intended to apply to areas where more complete commercial facilities are necessary for community convenience.
Zone name
Community Commercial And Design Control
General category
COMMERCIAL
Zone area
20.56 ac
Source
Realmo
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 Ferndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ferndale 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,920
Tax year 2024
Assessed value
$292,650
Assessed 2024
Previous assessed
$292,650
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$81,638
Assessed improvement
$211,012
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
NONE
Lot
0.09 ac (3,920 SF)
Zoning code
C-2-D
APN
031-083-019-000
UPID
US09-1934990
Jurisdiction
HUMBOLDT
Zoning & alternative use
C-2-D · Ferndale, CAZoning C-2-D · permitted uses
C-2-D · Ferndale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Community Commercial or C2 Zone is intended to apply to areas where more complete commercial facilities are necessary for community convenience.
Zone name
Community Commercial And Design Control
General category
COMMERCIAL
Zone area
20.56 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.09 ac
Current owner
From public records · entity-resolved
Diane Barmore
Individual
Mailing address
PO BOX 464, LOLETA, CA 95551-0464
Ownership since
2011
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
Sep 18, 2018
—
Diane Barmore
—
Deed
related
$168,000 · Redwood Cap Bk
May 16, 2011
$233,000
Diane Barmore
Brad Curtis
Grant Deed
$163,000 · Redwood Capital Bank
May 16, 2011
—
Maggie Smith-griggs
Griggs,shawn
Quit Claim Deed
related
—
Aug 15, 2005
$316,500
Brad Curtis
Benemann,carlos E & Marilyn F
Grant Deed
$253,200 · Carlos E & Marilyn F Benemann
Mar 25, 1981
—
Carlos E Benemann
—
Grant Deed
related
—
—
—
Carlos E Benemann
—
Deed Of Trust
related
$9,700 · Us Small Business Admn
—
—
Carlos E Benemann
—
Deed Of Trust
related
$20,000 · Us Small Business Admn
—
—
Diane Barmore
—
Loan Modification
related
$168,000 · Redwood Cap Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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