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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Showrooms
6023 Churn Crk Rd, Redding, CA 96002-9129
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2291203
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2006
Total area
10,000 SF
Lot
6.33 ac (275,734 SF)
Zoning code
M-L
APN
056-350-038-000
UPID
US09-2291203
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
-
Loucks Landscape Supply Garden Center Hardware & Home Improvement
-
White Glove Chimney General Contractor Renovation Specialist
-
The Fire Place - Chimney Services General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.04M
Owner & transaction history
Stacky K Loucks · 1 yrs held
Stacky K Loucks
since 2024
7 recorded transactions
Zoning & alternative use
M-L · Redding, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+54.1%
Retail stores
$1.6M
+48.1%
Medical building
$1.5M
+37.5%
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
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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,080,000
Current use
RESTAURANT
$1,665,000
Change: +54% · Conversion: Difficult
RETAIL STORES
$1,600,000
Change: +48% · Conversion: Easy
MEDICAL BUILDING
$1,485,000
Change: +38% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,110,000
Change: +3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$905,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±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
$104 / 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
$13,091
Tax year 2024
Assessed value
$1,233,029
Assessed 2024
Previous assessed
$1,233,029
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$536,099
Assessed improvement
$696,930
Applied tax rate
115.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2006
Heating
NONE
Total area
10,000 SF
Lot
6.33 ac (275,734 SF)
Zoning code
M-L
APN
056-350-038-000
UPID
US09-2291203
Jurisdiction
SHASTA
Zoning & alternative use
M-L · Redding, CA
Zoning M-L · permitted uses
M-L · Redding, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redding. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$905,000
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
2006
Heating
NONE
Lot
6.33 ac
Current owner
From public records · entity-resolved
Stacky K Loucks
Individual
Mailing address
24307 STATE HWY 44TH RD, MILLVILLE, CA 96062-9738
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2024
—
Stacky K Loucks
Howard Milan Pangburn
Grant Deed
—
Aug 9, 2023
—
Howard Milan Pangburn
Howard Milan Pangburn
Intrafamily Transfer
related
—
Nov 25, 2019
$1,150,000
Stacy K Loucks
Smith R J & S E 2008 Trust
Grant Deed
—
Jun 6, 2008
—
Smith R J & S E 2008 Trust
Smith,richard J & Susan E
Quit Claim Deed
related
—
Jan 25, 2002
$185,000
Richard J Smith
Doelker,kenneth H & Joanna
Grant Deed
$183,750 · North Valley Bank
—
—
Smith R J & S E 2008 Trust
—
Deed Of Trust
related
$80,248 · Tri Counties Bank
—
—
Richard J Smith
—
Deed Of Trust
related
$192,000 · Tri Counties Bank
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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