Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Retail space
422 Henderson St Grass Valley, CA 95945-7311
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2369523
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Construction
TILT-UP CONCRETE
Total area
13,300 SF
Lot
0.76 ac (33,105 SF)
Zoning code
C
APN
008-520-061-000
UPID
US09-2369523
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
-
Beam Easy Living Center Security Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$987k
Blend (final)
Blend
$750k
Owner & transaction history
Melanie M Kelly · 1 yrs held
Melanie M Kelly
since 2024
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
C · Grass Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Grass Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grass Valley 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Sep 13 2024)
Last sale anchor
$750k
Sep 13 2024
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
$56 / 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
$10,408
Tax year 2024
Assessed value
$944,283
Assessed 2024
Previous assessed
$944,283
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$234,257
Assessed improvement
$710,026
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
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
13,300 SF
Lot
0.76 ac (33,105 SF)
Zoning code
C
APN
008-520-061-000
UPID
US09-2369523
Jurisdiction
NEVADA
Zoning & alternative use
C · Grass Valley, CA
Zoning C · permitted uses
C · Grass Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grass Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Melanie M Kelly
Individual
Mailing address
422 PO BOX 3545TH ST, INCLINE VILLAGE, NV 89450-3545
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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 13, 2024
—
Melanie M Kelly
Jeffrey L Peterson
Quit Claim Deed
related
—
Oct 27, 2017
$750,000
Medlyn 2008 Family Trust
Rough Living Trust
Grant Deed
$750,000 · Rough Living Trust (pt)
Oct 12, 2011
—
Debra L Fordyce
Joseph B Fordyce
Intrafamily Transfer
related
—
Aug 3, 2005
—
Rough Trust
Mike Rough
Quit Claim Deed
related
—
Jul 31, 1998
$570,000
Worth M Rough
Bryan Trust
Grant Deed
$355,000 · Citizens Bank Nevada County
Jun 2, 1992
—
Bryan David G
Unknown
Grant Deed
related
—
—
—
Worth M Rough
—
Deed Of Trust
related
$293,000 · Edf Resource Capital INC
—
—
Rough Living Trust
—
Deed Of Trust
related
$400,000 · Bank Of America
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
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 422 Henderson 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
