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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Hospitals
555 Luther Rd Red Bluff, CA 96080-4256
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0146059
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1966
Total area
13,270 SF
Lot
1.37 ac (59,677 SF)
Zoning code
R-4
APN
033-250-029-000
UPID
US09-0146059
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
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$885k
Owner & transaction history
Red Bluff Properties LLC · 20 yrs held
Red Bluff Properties LLC
since 2006
6 recorded transactions
Zoning & alternative use
R-4 · 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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,270,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$67 / 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
$17,024
Tax year 2023
Assessed value
$1,641,885
Assessed 2023
Previous assessed
$1,641,885
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$380,913
Assessed improvement
$1,260,972
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1966
Heating
NONE
Total area
13,270 SF
Lot
1.37 ac (59,677 SF)
Zoning code
R-4
APN
033-250-029-000
UPID
US09-0146059
Jurisdiction
TEHAMA
Zoning & alternative use
R-4 · Red Bluff, CA
Zoning R-4 · permitted uses
R-4 · 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
RETAIL STORES
Est. value
$1.3M
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
1966
Heating
NONE
Lot
1.37 ac
Current owner
From public records · entity-resolved
Red Bluff Properties LLC
Entity
Mailing address
551 ESTUDILLO AVE, SAN LEANDRO, CA 94577-4611
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2006
$1,250,000
Red Bluff Properties LLC
Florine E Wyatt
Grant Deed
$799,000 · First Community Bank
May 9, 2005
$400,000
Wyatt,joseph B Trust
Kattenburg J E 1994 Trust
Grant Deed
—
Oct 28, 2004
—
Wyatt,joseph B Trust
Wyatt 1992 Trust
Quit Claim Deed
related
—
May 6, 2004
—
Ruttan,tr
Ruttan,daniel J
Quit Claim Deed
related
—
Sep 15, 2003
—
Kattenburg,tr
Kattenburg,judith E
Quit Claim Deed
related
—
Mar 27, 1995
—
Ruttan Trust
Ruttan,lois
Quit Claim Deed
related
—
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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