Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Office Spaces
601 Mcbean Park Dr Lincoln, CA 95648-1891
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-9173256
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1904
Construction
WOOD
Total area
3,200 SF
Lot
0.3 ac (13,000 SF)
Zoning code
C1
APN
008-153-001-000
UPID
US09-9173256
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
-
Daren Anderson - State Farm Insurance Agent Insurance Agency
-
Melanie Cortez-Franklin Realtor®️ Real Estate Agency
-
One Nest Real Estate Real Estate Agency
-
One Nest Property Management Property Management Company
-
UPS Drop Box Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
$750k
Comparable Approach
Comparable
$914k
Blend (final)
Blend
$680k
Owner & transaction history
Dc Anderson Insurence Agency INC · 3 yrs held
Dc Anderson Insurence Agency INC
since 2023
Last sale
$680,000
7 recorded transactions
Zoning & alternative use
C1 · Lincoln, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Home | City of Lincoln
Top alternative use upside
Office building
$930,000
+2.8%
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 Lincoln submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln 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
$680,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
$810,000
6.5%
$750,000
7%
$695,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$900,000
Current use
OFFICE BUILDING
$930,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$860,000
Change: -5% · Conversion: Difficult
MEDICAL BUILDING
$735,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $680k (Jan 12 2022)
Last sale anchor
$680k
Jan 12 2022
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
$213 / 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
$7,504
Tax year 2024
Assessed value
$707,472
Assessed 2024
Previous assessed
$707,472
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$187,272
Assessed improvement
$520,200
Applied tax rate
3.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1904
Construction
WOOD
Heating
NONE
Units
1
Bathrooms
3
Total area
3,200 SF
Lot
0.3 ac (13,000 SF)
Zoning code
C1
APN
008-153-001-000
UPID
US09-9173256
Jurisdiction
PLACER
Zoning & alternative use
C1 · Lincoln, CAZoning C1 · permitted uses
C1 · Lincoln, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Home | City of Lincoln
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$900,000
OFFICE BUILDING
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$860,000
MEDICAL BUILDING
Est. value
$735,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1904
Construction
WOOD
Heating
NONE
Units
1
Bathrooms
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Dc Anderson Insurence Agency INC
Entity
Mailing address
601 MCBEAN PARK DR STE #200, LINCOLN, CA 95648-1891
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Jul 6, 2023
—
Dc Anderson Insurence Agency INC
Blueberry Management LLC
Assignment Of Lease (leasehold Sale)
$286,000 · Capital Access Groyup INC
Jan 12, 2022
$680,000
Blueberry Management LLC
Andrew C Bartlett
Grant Deed
$612,000 · Harvest Small Business Finance LLC
Nov 18, 2016
$480,000
Andrew C Bartlett
Heim,jonathan F
Grant Deed
—
Nov 8, 2013
$205,000
Jonathan F Heim
Myers,caroline
Grant Deed
—
Jul 18, 2007
—
Caroline Myers
Myers,ronald F
Quit Claim Deed
related
—
Mar 29, 2002
—
Ronald F Myers
Myers,caroline
Quit Claim Deed
related
—
Mar 29, 2002
$250,000
Ronald F Myers
Deppeer,david
Grant Deed
$225,000 · New Century Mortgage
Apr 30, 1998
$210,000
David Deppner
Flochini,robert F & Doris L
Grant Deed
$178,500 · Ameriquest Mortgage Corp
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 601 Mcbean Park Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
