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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Apartment buildings
48 Nelson Ave Oroville, CA 95965-3496
Trust Owned
12-yr Hold
Free & Clear
Property ID
US10-2976327
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1993
Construction
WOOD
Total area
7,836 SF
Lot
0.58 ac (25,264 SF)
Zoning code
R2M
APN
031-053-077-000
UPID
US10-2976327
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$693k
Blend (final)
Blend
$700k
Owner & transaction history
Bmask Inter Vivos Trust · 12 yrs held
Bmask Inter Vivos Trust
since 2014
7 recorded transactions
Zoning & alternative use
R2M · Oroville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.0M
+5.5%
Office building
$1.0M
+3.7%
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 Oroville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oroville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$980,000
Current use
RETAIL STORES
$1,030,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$1,015,000
Change: +4% · Conversion: Moderate
COMMERCIAL (GENERAL)
$835,000
Change: -15% · Conversion: Moderate
WAREHOUSE, STORAGE
$820,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$89 / 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
$10,276
Tax year 2024
Assessed value
$528,795
Assessed 2024
Previous assessed
$528,795
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$60,087
Assessed improvement
$468,708
Applied tax rate
4.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1993
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
8
Bathrooms
16
Total area
7,836 SF
Lot
0.58 ac (25,264 SF)
Zoning code
R2M
APN
031-053-077-000
UPID
US10-2976327
Jurisdiction
BUTTE
Zoning & alternative use
R2M · Oroville, CA
Zoning R2M · permitted uses
R2M · Oroville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oroville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$980,000
RETAIL STORES
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$835,000
WAREHOUSE, STORAGE
Est. value
$820,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1993
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
8
Bathrooms
16
Lot
0.58 ac
Current owner
From public records · entity-resolved
Bmask Inter Vivos Trust
Trust
Free & Clear · 12 yrs held
Mailing address
PO BOX 1023, CHICO, CA 95927-1023
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2014
—
Bmask Inter Vivos Trust
Pearsall,michael E & Katharina M
Quit Claim Deed
related
—
Apr 30, 2014
$440,000
Michael E Pearsall
Souder C & J 2008 Trust
Grant Deed
—
Apr 30, 2014
—
Michael E Pearsall
Katharina M Pearsall
Intrafamily Transfer
related
—
Nov 4, 2011
—
Souder C A & J J 2008 Trust
Souder,christopher A & Jessica J
Quit Claim Deed
related
—
Jun 9, 2006
$680,000
Christopher A Souder
Ian R Mcdaniel
Grant Deed
$522,000 · Us Bank NA
Apr 13, 1994
—
Ian R Madaniel
Mcdaniel,jeanne
Grant Deed
$360,000 · Summit Savings Bank
Oct 1, 1980
$35,000
—
—
Grant 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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