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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Banks
500 Riverside Way, Red Bluff, CA 96080-3424
Individually Owned
10-yr Hold
Free & Clear
Property ID
US09-1731458
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1984
Construction
WOOD
Total area
9,010 SF
Lot
1.2 ac (52,272 SF)
Zoning code
C-2
APN
033-045-017-000
UPID
US09-1731458
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
$830k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$830k
Owner & transaction history
Cornerstone Cmnty Bk · 10 yrs held
Cornerstone Cmnty Bk
since 2015
7 recorded transactions
Zoning & alternative use
C-2 · Red Bluff, 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 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
$830,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,295,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,070,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,025,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,020,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$860,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$92 / 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
$58,033
Tax year 2023
Assessed value
$5,594,478
Assessed 2023
Previous assessed
$5,594,478
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$301,523
Assessed improvement
$5,292,955
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
NONE
Bathrooms
6
Total area
9,010 SF
Lot
1.2 ac (52,272 SF)
Zoning code
C-2
APN
033-045-017-000
UPID
US09-1731458
Jurisdiction
TEHAMA
Zoning & alternative use
C-2 · Red Bluff, CA
Zoning C-2 · permitted uses
C-2 · 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
RESTAURANT
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$860,000
RESTAURANT
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1984
Construction
WOOD
Heating
NONE
Bathrooms
6
Lot
1.2 ac
Current owner
From public records · entity-resolved
Cornerstone Cmnty Bk
Individual
Free & Clear · 10 yrs held
Mailing address
PO BOX 889, RED BLUFF, CA 96080-0889
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2015
$265,000
Cornerstone Cmnty Bk
Umpqua Bk
Grant Deed
—
Mar 9, 2015
$367,128
Umpqua Bk
Plm Loan Management|dittner,chris & Cori
Trustees Deed
related
—
Jun 13, 2006
$1,115,000
Chris Dittner
Bruce T Geveden
Grant Deed
$900,000 · Umpqua Bank
Sep 3, 2004
$435,000
Geveden,bruce T & Paulette H
Banett,mary J
Grant Deed
$490,800 · Temecula Vly Bk
Mar 27, 2001
—
Mary J Barrett
Barrett,mary J
Quit Claim Deed
related
$142,400 · Wells Fargo Bank
Jan 13, 1995
$627,500
William T Webster
Biggers Trust
Grant Deed
$552,500 · Seller
Mar 1, 1994
—
Biggers Trust
Koeberer,john W
Grant Deed
related
—
—
—
William T Webster
—
Deed Of Trust
related
$455,000 · Us Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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