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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
505 Mcdevitt Dr B Wheatland, CA 95692-9772
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2989208
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE (MULTI-STORY)
Year built
2003
Construction
WOOD
Total area
2,730 SF
Lot
0.08 ac (3,320 SF)
Zoning code
R-1
APN
015-630-075-000
UPID
US09-2989208
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
William Vance · 5 yrs held
William Vance
since 2021
1 recorded transaction
Zoning & alternative use
R-1 · Wheatland, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the R-1 district is to provide areas where existing single-family dwellings may be protected and to encourage the development of new neighborhoods of single-family dwellings. The R-1 district is intended to accommodate groups of single-family homes together with the schools, parks, open spaces, and other public services required for a satisfac…
Zone name
Residential Single Family
General category
RESIDENTIAL
Zone area
404.91 ac
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 Wheatland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wheatland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,942
Tax year 2024
Assessed value
$173,267
Assessed 2024
Previous assessed
$173,267
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$35,489
Assessed improvement
$137,778
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
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 properties & Spaces
Use group
DEPARTMENT STORE (MULTI-STORY)
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
2
Rooms
4
Bathrooms
5
Total area
2,730 SF
Lot
0.08 ac (3,320 SF)
Zoning code
R-1
APN
015-630-075-000
UPID
US09-2989208
Jurisdiction
YUBA
Zoning & alternative use
R-1 · Wheatland, CAZoning R-1 · permitted uses
R-1 · Wheatland, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the R-1 district is to provide areas where existing single-family dwellings may be protected and to encourage the development of new neighborhoods of single-family dwellings. The R-1 district is intended to accommodate groups of single-family homes together with the schools, parks, open spaces, and other public services required for a satisfactory family environment. The range of density classes indicated for the R-1 districts is intended to permit the implementation of the density ranges in Wheatland's comprehensive general plan, and to permit harmonious development of residential districts of different density characteristics. ( Ord. 337 Exh. A, 1991 )
Zone name
Residential Single Family
General category
RESIDENTIAL
Zone area
404.91 ac
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
2
Rooms
4
Bathrooms
5
Lot
0.08 ac
Current owner
From public records · entity-resolved
William Vance
Individual
Mailing address
5813 APPALOOSA PL, ROCKLIN, CA 95677-4434
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2021
—
William Vance
—
Deed
related
$163,750 · United Wholesale Mortgage
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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