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Property profile & analytics
FOR SALE
Office Spaces
470 Nevada St Auburn, CA 95603
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9164872
For Sale
1 / 3
$8,200,000
470 Nevada St, Auburn, CA 95603
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Construction
WOOD
Total area
31,164 SF
Lot
0.72 ac (31,559 SF)
APN
001-011-044-000
UPID
US09-9164872
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
-
Nitrogen (Bike/Boat/Book/etc) Store Corporate Office
-
HR Ledger, Inc. Accounting Firm
-
Barber Kenes Retirement Solutions - Ameriprise Financial Services, LLC Financial Advisor
-
Clare Hiatt - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
David L Odom - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.28M
Comparable Approach
Comparable
$5.26M
Blend (final)
Blend
$5.37M
Owner & transaction history
Eggers Family Partners LP · 11 yrs held
Eggers Family Partners LP
since 2014
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.4M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,890,000
6.5%
$7,280,000
7%
$6,760,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,260,000
Current use
AUTO REPAIR, GARAGE
$8,375,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$7,170,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$5.37M
Range $4.83M – $5.90M · ±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
$172 / 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
$47,534
Tax year 2024
Assessed value
$3,926,982
Assessed 2024
Previous assessed
$3,926,982
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,176,221
Assessed improvement
$2,750,761
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
For Sale
Year built
2007
Construction
WOOD
Heating
NONE
Total area
31,164 SF
Lot
0.72 ac (31,559 SF)
APN
001-011-044-000
UPID
US09-9164872
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
$7.3M
AUTO REPAIR, GARAGE
Est. value
$8.4M
MEDICAL BUILDING
Est. value
$7.2M
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
0.72 ac
Current owner
From public records · entity-resolved
Eggers Family Partners LP
Entity
Free & Clear · 11 yrs held
Mailing address
3800 BLACKHAWK RD STE #140, DANVILLE, CA 94506-4650
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
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
—
Sep 7, 2005
—
Bkr Investors LLC
Bkr Investors LLC
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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