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Property profile & analytics
OFF-MARKET
Estimated value
$1,925,000
Office Spaces
450 Nevada St Auburn, CA 95603-3706
Individually Owned
2-yr Hold
Free & Clear
Property ID
US09-9380894
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Construction
WOOD
Total area
8,680 SF
Lot
0.32 ac (13,939 SF)
APN
001-011-041-000
UPID
US09-9380894
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
-
JD2 Inc. Office [NO TRUCKS] Construction Company
-
The Spectrus Group Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.79M
CAP Approach
CAP
$2.03M
Comparable Approach
Comparable
$2.61M
Blend (final)
Blend
$1.93M
Owner & transaction history
Jd2 Incorporated · 2 yrs held
Jd2 Incorporated
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.3M
+15.3%
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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$2,060,000
ML approach
$1,790,000
CAP Approach
CAP Return
Estimation
6%
$2,195,000
6.5%
$2,030,000
7%
$1,885,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,020,000
Current use
AUTO REPAIR, GARAGE
$2,335,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$1,995,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.93M
Range $1.73M – $2.12M · ±10% · vs last sale $1.95M (Sep 19 2023)
Last sale anchor
$1.95M
Sep 19 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
$222 / 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
$23,700
Tax year 2024
Assessed value
$1,950,000
Assessed 2024
Previous assessed
$1,950,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$450,000
Assessed improvement
$1,500,000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Total area
8,680 SF
Lot
0.32 ac (13,939 SF)
APN
001-011-041-000
UPID
US09-9380894
Jurisdiction
PLACER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.0M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
Year built
2007
Construction
WOOD
Heating
NONE
Lot
0.32 ac
Current owner
From public records · entity-resolved
Jd2 Incorporated
Individual
Free & Clear · 2 yrs held
Mailing address
450 NEVADA ST, AUBURN, CA 95603-3706
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2023
$1,950,000
Jd2 Incorporated
Grindstone LLC
Grant Deed
—
Oct 20, 2014
—
Grindstone LLC
Eggers Family Partners LP
Grant Deed
$781,200 · Umpqua Bank
Sep 24, 2014
—
Eggers Family Partners LP
Eggers Family Partners LP
Quit Claim Deed
related
—
Aug 27, 2010
$3,600,000
Eggers Family Partners LP
Fidelity National Title Co
Trustees Deed
—
Dec 18, 2007
—
Bkr Investors LLC Etal
Bkr Investors LLC
Quit Claim Deed
related
—
Dec 18, 2007
$152,300
Wolf,mary M Trust
Bkr Investors LLC
Grant Deed
—
Dec 18, 2007
$510,500
Sporleader,steve
Bkr Investors LLC
Grant Deed
—
Jun 13, 2007
$2,464,000
Wolf,mary M Trust
Bkr Investors LLC
Grant Deed
—
Sep 7, 2005
—
Bkr Investors LLC
Bkr Investors LLC
Quit Claim Deed
related
—
—
—
Bkr Investors LLC
—
Deed Of Trust
related
$250,000 · Chiechi 1998 Family Living Tr
—
—
Bkr Investors LLC
—
Deed Of Trust
related
$2,500,000 · Private Individual
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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