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Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Commercial real estate
429 Cres St Greenville, CA 95947-9813
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5573440
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1965
Construction
WOOD
Total area
13,296 SF
Lot
3.27 ac (142,441 SF)
APN
110-140-010-000
UPID
US09-5573440
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
$2.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.08M
Blend (final)
Blend
$2.27M
Owner & transaction history
Virk Borthers Group INC · 2 yrs held
Virk Borthers Group INC
since 2023
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
$2,120,000
ML approach
$2,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±10% · vs last sale $2.40M (Aug 31 2023)
Last sale anchor
$2.40M
Aug 31 2023
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
$170 / 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
$25,809
Tax year 2024
Assessed value
$2,409,475
Assessed 2024
Previous assessed
$2,409,475
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$424,483
Assessed improvement
$1,984,992
Applied tax rate
53.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
FORCED AIR
Stories
1
Total area
13,296 SF
Lot
3.27 ac (142,441 SF)
APN
110-140-010-000
UPID
US09-5573440
Jurisdiction
PLUMAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
FORCED AIR
Stories
1
Lot
3.27 ac
Current owner
From public records · entity-resolved
Virk Borthers Group INC
Entity
Mailing address
427 CRES ST #429, GREENVILLE, CA 95947-9813
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Aug 31, 2023
$2,400,000
Virk Borthers Group INC
Copper Rock Enterprises INC
Grant Deed
$2,615,500 · Open Bank
Nov 16, 2020
$1,650,000
Copper Rock Enterprises INC
Evergreen Markets INC
Grant Deed
$1,664,800 · Celtic Bank Corporation
Nov 14, 2018
$990,100
Evergreen Markets INC
Papenhausen David R F/tr
Grant Deed
$495,000 · Plumas Bk
Aug 6, 2018
—
Papenhausen Family 1992 Trust
—
Deed
related
$100,000 · Umpqua Bk
Aug 27, 2014
—
David R Papenhausen
Papenhausen Fam 1992 Trust
Quit Claim Deed
related
—
Jul 8, 2013
—
David R Papenhausen
Yvonne F Papenhausen
Affidavit Of Death
related
—
—
—
Papenhausen Family 1992 Trust
—
Loan Modification
related
$100,000 · Umpqua 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.
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