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Property profile & analytics
OFF-MARKET
Retail space
6296 Hwy 20 Lucerne, CA 95458-7800
Trust Owned
4-yr Hold
Free & Clear
Property ID
US09-0414669
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Total area
1,160 SF
Lot
0.2 ac (8,712 SF)
Zoning code
PDC
APN
034-192-530-000
UPID
US09-0414669
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Forge Trust · 4 yrs held
Forge Trust
since 2021
Last sale
$135,000
6 recorded transactions
Zoning & alternative use
PDC · Lucerne, 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 Lucerne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lucerne 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
$2,195
Tax year 2024
Assessed value
$140,454
Assessed 2024
Previous assessed
$140,454
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$41,616
Assessed improvement
$98,838
Applied tax rate
61.0000
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
1979
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
1
Total area
1,160 SF
Lot
0.2 ac (8,712 SF)
Zoning code
PDC
APN
034-192-530-000
UPID
US09-0414669
Jurisdiction
LAKE
Zoning & alternative use
PDC · Lucerne, CA
Zoning PDC · permitted uses
PDC · Lucerne, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lucerne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Forge Trust
Trust
Free & Clear · 4 yrs held
Mailing address
PO BOX 7080, SAN CARLOS, CA 94070-7080
Ownership since
2021
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
Nov 9, 2021
$135,000
Forge Trust
Dennis Lee Cowles
Grant Deed
—
Apr 8, 2014
—
Ralph D Cowles
Cowles,dennis L
Quit Claim Deed
related
—
Jan 18, 2011
—
Dennis L Cowles
Cowles,ralph D
Quit Claim Deed
related
—
Apr 6, 2000
$80,000
Ralph D Cowles
Blackstone LLC
Grant Deed
—
May 9, 1995
$64,003
Blackstone
Brockman,michael & Lydia
Trustees Deed
—
Dec 7, 1992
$70,000
Michael Brockman
Blackstone
Grant Deed
$60,000
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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