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Property profile & analytics
OFF-MARKET
Estimated value
$3,325,000
Office buildings
426 Sutton Way Grass Valley, CA 95945-5300
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0389901
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Total area
15,935 SF
Lot
1.49 ac (64,904 SF)
Zoning code
C
APN
035-480-012-000
UPID
US09-0389901
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
-
SJ's Disc Jockey Event Planning Wedding Service
-
Collins Property Management Property Management Company
-
Blondies Salon Hair Salon Nail Salon
-
Owens Estate and Wealth Strategies Group Financial Advisor
-
Harris Insurance Services Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.35M
CAP Approach
CAP
$3.18M
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$3.33M
Owner & transaction history
M Caldwell Christensen Mardalynne · 4 yrs held
M Caldwell Christensen Mardalynne
since 2021
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
C · Grass Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.4M
+60.9%
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
$3,305,000
ML approach
$3,350,000
CAP Approach
CAP Return
Estimation
6%
$3,440,000
6.5%
$3,175,000
7%
$2,950,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,720,000
Current use
RESTAURANT
$4,375,000
Change: +61% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,605,000
Change: -4% · Conversion: Easy
RETAIL STORES
$2,330,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$3.33M
Range $2.99M – $3.66M · ±10% · vs last sale $3.40M (Nov 5 2021)
Last sale anchor
$3.40M
Nov 5 2021
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
$209 / 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
$31,610
Tax year 2024
Assessed value
$2,913,120
Assessed 2024
Previous assessed
$2,913,120
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$572,220
Assessed improvement
$2,340,900
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Heating
CENTRAL
Cooling
CENTRAL
Units
7
Total area
15,935 SF
Lot
1.49 ac (64,904 SF)
Zoning code
C
APN
035-480-012-000
UPID
US09-0389901
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.7M
RESTAURANT
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RETAIL STORES
Est. value
$2.3M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
CENTRAL
Cooling
Yes
Units
7
Lot
1.49 ac
Current owner
From public records · entity-resolved
M Caldwell Christensen Mardalynne
Individual
Mailing address
441 WASHINGTON ST, NEVADA CITY, CA 95959-2628
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Nov 5, 2021
$3,400,000
M Caldwell Christensen Mardalynne
Andy F Owens
Grant Deed
$2,310,000 · River Valley Community Bank
Oct 12, 2018
—
Owens,andy F & Mary E L Trust
Owens A F & M E F/tr
Quit Claim Deed
related
—
Aug 31, 2016
—
Andy F Owens
Andy F Owens
Intrafamily Transfer
related
$1,400,000 · River Valley Community Bank
Jun 15, 2012
$1,975,000
Andy F Owens
Jerry Pizzagoni
Grant Deed
$1,580,000 · Jpmorgan Chase Bank NA
Sep 16, 2002
—
Jerry Pizzagoni
Pizzagoni,janet
Quit Claim Deed
related
—
Sep 16, 2002
$2,200,000
Jerry Pizzagoni
Sheehan,tr
Grant Deed
$1,600,000 · Western Sierra National Bank
Sep 2, 1997
—
Sheehan Trust
Sheehan Trust
Quit Claim Deed
related
—
Jun 9, 1995
$494,500
Thomas C Sheehan Trustee
Empire Title Company
Grant Deed
related
—
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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