Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Retail space
470 Main St Newcastle, CA 95658-9384
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-9106090
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1925
Construction
WOOD
Total area
6,868 SF
Lot
0.42 ac (18,295 SF)
Zoning code
C1
APN
040-173-010-000
UPID
US09-9106090
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
-
Exclusive Exteriors and Interiors Painting Factory Chemical Plant
-
Quality Market Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$804k
Blend (final)
Blend
$670k
Owner & transaction history
Tank P Bhattarai · 2 yrs held
Tank P Bhattarai
since 2023
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
C1 · Newcastle, 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 Newcastle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newcastle 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
$595,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $700k (Aug 15 2023)
Last sale anchor
$700k
Aug 15 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
$98 / 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
$8,112
Tax year 2024
Assessed value
$706,435
Assessed 2024
Previous assessed
$706,435
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$300,000
Assessed improvement
$406,435
Applied tax rate
81.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1925
Construction
WOOD
Heating
NONE
Units
1
Total area
6,868 SF
Lot
0.42 ac (18,295 SF)
Zoning code
C1
APN
040-173-010-000
UPID
US09-9106090
Jurisdiction
PLACER
Zoning & alternative use
C1 · Newcastle, CA
Zoning C1 · permitted uses
C1 · Newcastle, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newcastle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
WOOD
Heating
NONE
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Tank P Bhattarai
Individual
Mailing address
932 WILLOW BRG DR, FOLSOM, CA 95630-7836
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 15, 2023
$700,000
Tank P Bhattarai
Sukhwinder Singh
Grant Deed
$767,100 · Wells Fargo Bank NA
Apr 4, 2019
—
Babbar,s & P Trust
Singh,sukhwinder
Quit Claim Deed
related
—
Mar 8, 2004
—
Sukhwinder Singh
Kaur,parminder
Grant Deed
related
—
Mar 8, 2004
$450,000
Sukhwinder Singh
Singh,gurjit & Jaskaran
Grant Deed
related
$600,000 · Cit Small Business Lending Co
Aug 18, 1998
$230,000
Gurjit Singh
Yang,dong H
Grant Deed
$265,000 · Money Store Investment Corp
Mar 12, 1990
$33,000
Yang,dong H
Worton,james C
Trustees Deed
related
—
—
—
Dong H Yang
—
Deed Of Trust
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.
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 470 Main 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.
