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Property profile & analytics
OFF-MARKET
Estimated value
$1,285,000
Grocery and convenience stores
460 Antelope Blvd, Red Bluff, CA 96080-2443
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3293646
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1964
Construction
TILT-UP CONCRETE
Total area
12,394 SF
Lot
1.48 ac (64,468 SF)
Zoning code
C-3
APN
039-282-006-000
UPID
US10-3293646
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
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.29M
Owner & transaction history
Sutton Flormann LLC · 12 yrs held
Sutton Flormann LLC
since 2014
7 recorded transactions
Zoning & alternative use
C-3 · Red Bluff, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.5M
+62.0%
Commercial (general)
$1.0M
+15.9%
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 Red Bluff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Red Bluff 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
by Request
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$900,000
Current use
OFFICE BUILDING
$1,455,000
Change: +62% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,040,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$1.29M
Range $1.16M – $1.41M · ±10%
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
$104 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$47,842
Tax year 2023
Assessed value
$4,620,721
Assessed 2023
Previous assessed
$4,620,721
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$231,034
Assessed improvement
$4,389,687
Applied tax rate
2.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Bathrooms
1
Total area
12,394 SF
Lot
1.48 ac (64,468 SF)
Zoning code
C-3
APN
039-282-006-000
UPID
US10-3293646
Jurisdiction
TEHAMA
Zoning & alternative use
C-3 · Red Bluff, CA
Zoning C-3 · permitted uses
C-3 · Red Bluff, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Red Bluff. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$900,000
OFFICE BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Bathrooms
1
Lot
1.48 ac
Current owner
From public records · entity-resolved
Sutton Flormann LLC
Entity
Mailing address
1391 E PHILLIPS BLVD, POMONA, CA 91766-5431
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2024
—
Sutton Flormann LLC
—
Deed
related
$2,200,000 · Tri Counties Bank
Oct 24, 2019
—
Sutton Flormann LLC
—
Deed
related
$2,246,086 · Wells Fargo Bk
Jul 1, 2014
$4,000,000
Sutton Flormann LLC
Cross Development Red Bluff LLC
Grant Deed
$2,400,000 · Wells Fargo Bank NA
Oct 22, 2012
—
Deol,surat S
Deol,kuldip K
Quit Claim Deed
related
—
Oct 22, 2012
$980,000
Cross Development Red Bluff LLC
Surat Singh Deol
Grant Deed
—
Feb 29, 2012
$169,500
Deol,surat S
Deol Group Of Partners
Grant Deed
—
Aug 4, 2006
—
Deol Group Of Partners
North State Grocery INC
Quit Claim Deed
related
—
Apr 25, 2006
$775,000
Deol Ptshp
Claeys M I Bypass Trust
Grant Deed
—
Apr 25, 2006
—
Claeys,muriel I Bypass Trust
Claeys M I Marital Trust
Quit Claim Deed
related
—
May 31, 2005
—
Norton,robin M
Claeys,coulter C
Affidavit Of Death
related
—
Dec 11, 1995
—
Coulter C Claeys Trustee
Claeys,coulter C & Muriel I
Quit Claim Deed
related
—
—
—
Sutton Flormann LLC
—
Loan Modification
related
$2,246,086 · Wells Fargo 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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