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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Flex space
500 Chestnut St Dixon, CA 95620-3551
Individually Owned
1-yr Hold
Free & Clear
Property ID
US10-3125991
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1940
Total area
2,314 SF
Lot
0.45 ac (19,426 SF)
Zoning code
ML - LIGH IND
APN
0114-100-030
UPID
US10-3125991
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
$520k
CAP Approach
CAP
$355k
Comparable Approach
Comparable
$527k
Blend (final)
Blend
$515k
Owner & transaction history
Randall Ross · 1 yrs held
Randall Ross
since 2025
Last sale
$489,000
7 recorded transactions
Zoning & alternative use
ML - LIGH IND · Dixon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$650,000
+90.2%
Medical building
$590,000
+71.6%
Auto repair, garage
$580,000
+69.9%
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 Dixon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dixon 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
$550,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$380,000
6.5%
$355,000
7%
$330,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$345,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$650,000
Change: +90% · Conversion: Difficult
MEDICAL BUILDING
$590,000
Change: +72% · Conversion: Difficult
AUTO REPAIR, GARAGE
$580,000
Change: +70% · Conversion: Easy
RETAIL STORES
$500,000
Change: +46% · Conversion: Moderate
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $489k (Oct 7 2022)
Last sale anchor
$489k
Oct 7 2022
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
$223 / 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
$4,572
Tax year 2023
Assessed value
$408,495
Assessed 2023
Previous assessed
$408,495
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$328,377
Assessed improvement
$80,118
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1940
Heating
NONE
Stories
1
Total area
2,314 SF
Lot
0.45 ac (19,426 SF)
Zoning code
ML - LIGH IND
APN
0114-100-030
UPID
US10-3125991
Jurisdiction
SOLANO
Zoning & alternative use
ML - LIGH IND · Dixon, CA
Zoning ML - LIGH IND · permitted uses
ML - LIGH IND · Dixon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dixon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$345,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$650,000
MEDICAL BUILDING
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$580,000
RETAIL STORES
Est. value
$500,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1940
Heating
NONE
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Randall Ross
Individual
Free & Clear · 1 yrs held
Mailing address
8742 BENHAM WAY, SACRAMENTO, CA 95831
Ownership since
2025
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
Feb 28, 2025
—
Randall Ross
Randall Ross
Deed
related
—
Oct 7, 2022
$489,000
Randall Ross
Barry Schultz
Grant Deed
—
Apr 1, 2008
—
Barry Schultz
Schultz,marcey
Quit Claim Deed
related
—
Dec 2, 2005
$311,000
Marcey Schultz
Bray,fred & Brenda
Grant Deed
—
Dec 2, 2005
—
Marcey Schultz
Schultz,barry
Quit Claim Deed
related
—
Apr 22, 2005
$260,000
Fred Bray
Varady & Lynn Investments
Grant Deed
$190,000 · Secured Asset Funding
Apr 22, 2005
—
Varady Investments
Castillo,bobby R & Cynthia L
Quit Claim Deed
related
—
Mar 11, 2005
$63,500
Varady Investments
Varady,robert A & Lisa H
Grant Deed
—
Jun 4, 1999
—
Robert A Varady
Varady,robert A & Lisa H
Quit Claim Deed
related
$45,000 · Sierrawest Bank
May 7, 1999
$64,000
Robert A Varady
Darling,gordon & Sylvia
Grant Deed
—
May 28, 1997
$10,000
Gordon Darling
Adams,john E
Trustees Deed
—
Mar 21, 1995
$48,000
John E Adams
Dwiggins,j R
Grant Deed
$51,450 · 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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