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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
510 Cypress Ave Redding, CA 96002-0106
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2215252
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1967
Total area
1,892 SF
Lot
0.45 ac (19,602 SF)
APN
107-380-030-000
UPID
US09-2215252
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
-
Granny's Grill food truck Restaurant
-
Shell Gas Station
-
Comets market Grocery & Convenience Store
-
Alonzo's Remotes & Keys Inc. Locksmith
-
New Life Discovery Project Thrift Store Discount Store
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
Cypress Redding INC · 1 yrs held
Cypress Redding INC
since 2025
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
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 Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding 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
$22,376
Tax year 2024
Assessed value
$2,033,603
Assessed 2024
Previous assessed
$2,033,603
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$482,490
Assessed improvement
$1,551,113
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1967
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
1,892 SF
Lot
0.45 ac (19,602 SF)
APN
107-380-030-000
UPID
US09-2215252
Jurisdiction
SHASTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Cypress Redding INC
Entity
Mailing address
18575 OASIS RD, REDDING, CA 96003-0808
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2025
$1,690,000
Cypress Redding INC
Nikhil Kumar Revocable Trust
Grant Deed
$1,436,000 · Ready Capital Corp
Jul 1, 2020
—
Kumar,nikhil 2019 Trust
—
Deed
related
$564,000 · Private Individual
Dec 9, 2019
$1,810,000
Kumar,nikhil Trust
Lane Family Trust
Grant Deed
—
Dec 9, 2019
—
Nikhil Kumar
Kirti Kumar
Intrafamily Transfer
related
$546,000 · Plumas Bank
May 23, 2017
—
Ti Cypress LLC
John M Tumino
Grant Deed
—
Feb 4, 2011
—
Tumino 1991 Trust
—
Deed Of Trust
related
$6,389,229 · Tri Counties Bank
May 29, 1998
—
Lane J W
—
Grant Deed
related
$548,000 · Redding Bank Of Commerce
—
—
Ave Shell Cypress
—
Deed Of Trust
related
$200,000 · Tbs Petroleum LLC
—
—
Tumino Sam & Maria Trust
—
Deed Of Trust
related
$19,522 · Tri Counties Bank
—
—
Jain,suman Trust
—
Deed Of Trust
related
$910,000 · Plumas Bk
—
—
Kumar,nikhil 2019 Trust
—
Deed Of Trust
related
$564,000 · Private 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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