Property profile

406 Walnut St Red Bluff, CA 96080

OFF-MARKET
Retail space
Property ID
US09-1121262
8,640 SF 0.1 ac lot
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Construction TILT-UP CONCRETE
Total area 8,640 SF
Lot 0.1 ac (4,344 SF)
Zoning code H-C
APN 029-374-006-000
UPID US09-1121262

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

406 Walnut St Red Bluff, CA 96080-3348
Red Bluff metro Census 500 RED BLUFF, CA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$780k
CAP Approach CAP
by Request
Comparable Approach Comparable
$510k
Blend (final) Blend
$830k

Owner & transaction history

since 2021
Last sale
$850,000
7 recorded transactions
2021
$850,000
2002
$242,000
1993
$62,500
1993
$130,000
1993
$228,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

H-C · Red Bluff, CA
Zoning description

§ 25.72 H-C, HISTORIC COMMERCIAL DISTRICTS. (A) The city recognizes the unique commercial, architectural, historic and aesthetic value of its downtown commercial core area. It is intended that this classification be appl…

General category COMMERCIAL
Top alternative use upside
Office building $1.0M +62.0%
Commercial (general) $725,000 +15.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 406 Walnut 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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message