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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Retail space
535 Searls Ave Nevada City, CA 95959-3003
Trust Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2788660
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Construction
TILT-UP CONCRETE
Total area
8,232 SF
Lot
0.6 ac (26,136 SF)
Zoning code
I
APN
005-280-017-000
UPID
US09-2788660
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
$519k
Blend (final)
Blend
$515k
Owner & transaction history
Riebe,vickie Living Trust · 19 yrs held
Riebe,vickie Living Trust
since 2007
7 recorded transactions
Zoning & alternative use
I · Nevada City, CA
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 Nevada City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nevada City 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
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$63 / 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
$9,959
Tax year 2024
Assessed value
$906,024
Assessed 2024
Previous assessed
$906,024
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$627,251
Assessed improvement
$278,773
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
8,232 SF
Lot
0.6 ac (26,136 SF)
Zoning code
I
APN
005-280-017-000
UPID
US09-2788660
Jurisdiction
NEVADA
Zoning & alternative use
I · Nevada City, CAZoning I · permitted uses
I · Nevada City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Maps | Nevada City, CA
Building & site characteristics
From public records
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Riebe,vickie Living Trust
Trust
Free & Clear · 19 yrs held
Mailing address
200 PALM AVE, AUBURN, CA 95603-3906
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2007
—
Riebe,vickie Living Trust
Vickie Riebe
Quit Claim Deed
related
—
Jun 4, 2004
—
Bryah H Ammon
Nevada City Auto Parts INC
Quit Claim Deed
related
—
Jun 4, 2004
$650,000
Barton Riebe
Ammon,bryan H & Constance A
Grant Deed
$524,000 · Citizens Federal Bank Fsb
Jun 14, 2001
—
Ammon Trust
Ammon,bryan H & Constance A
Quit Claim Deed
related
—
Jan 24, 2001
—
Bryan H Ammon
Ammon,bryan H
Quit Claim Deed
related
$400,000 · Zions First National Bank
Mar 13, 2000
—
W H Ammon
Ammon,w H
Quit Claim Deed
related
—
Jul 2, 1993
$380,000
W H Ammon
Ivey 1982 Trust
Quit Claim Deed
related
$300,000 · Truckee River Bank
Jul 2, 1993
—
Ivey,1982 Trust
Nevada City Auto
Quit Claim Deed
related
—
—
—
Riebe,barton & Vickie
—
Loan Modification
related
$141,000 · Citizens Bk/nthrn Ca
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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