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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Retail space
645 Main St Placerville, CA 95667-5757
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-3169966
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1886
Construction
WOOD
Total area
4,912 SF
Lot
0.12 ac (5,227 SF)
Zoning code
CG
APN
002-171-012-000
UPID
US10-3169966
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
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$664k
Blend (final)
Blend
$685k
Owner & transaction history
Michael Lee · 3 yrs held
Michael Lee
since 2023
Last sale
$710,000
7 recorded transactions
Zoning & alternative use
CG · Placerville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$940,000
+55.4%
Commercial (general)
$895,000
+47.7%
Office building
$885,000
+45.7%
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 Placerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Placerville 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
$665,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$605,000
Current use
MEDICAL BUILDING
$940,000
Change: +55% · Conversion: Difficult
COMMERCIAL (GENERAL)
$895,000
Change: +48% · Conversion: Easy
OFFICE BUILDING
$885,000
Change: +46% · Conversion: Easy
WAREHOUSE, STORAGE
$850,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $710k (Feb 14 2023)
Last sale anchor
$710k
Feb 14 2023
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
$139 / 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
$7,624
Tax year 2023
Assessed value
$713,818
Assessed 2023
Previous assessed
$713,818
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$223,101
Assessed improvement
$490,717
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1886
Construction
WOOD
Heating
NONE
Stories
2
Units
4
Bathrooms
2
Total area
4,912 SF
Lot
0.12 ac (5,227 SF)
Zoning code
CG
APN
002-171-012-000
UPID
US10-3169966
Jurisdiction
EL DORADO
Zoning & alternative use
CG · Placerville, CA
Zoning CG · permitted uses
CG · Placerville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Placerville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$605,000
MEDICAL BUILDING
Est. value
$940,000
COMMERCIAL (GENERAL)
Est. value
$895,000
OFFICE BUILDING
Est. value
$885,000
WAREHOUSE, STORAGE
Est. value
$850,000
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1886
Construction
WOOD
Heating
NONE
Stories
2
Units
4
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Michael Lee
Individual
Mailing address
645 MAIN ST, PLACERVILLE, CA 95667-5757
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2023
—
Michael Lee
Krystle R Lee
Intrafamily Transfer
related
—
May 5, 2017
$710,000
Krystle R Lee
Merrick Properties Psp Of Tr
Grant Deed
$630,000 · Merrick Properties Psp/tr (ct)
Oct 15, 2012
—
Merrick Properties Ps Pln
Western Equities INC
Trustees Deed
related
—
Sep 7, 2007
$450,000
Labbitt,casey & Stephanie
Owner Name Unavailable
Grant Deed
—
Nov 2, 2004
$950,000
Williams,stephen B
Owner Name Unavailable
Grant Deed
related
$750,000 · Private Individual
Sep 15, 2004
—
Buchholz,diane W Trust
Buchholz,diane W
Quit Claim Deed
related
—
Jun 22, 1978
$27,000
Joyce V|buchholz Diane Wal Smith
—
Grant Deed
related
—
Mar 27, 1978
—
—
—
Grant Deed
related
—
—
—
Williams,stephen B
—
Deed Of Trust
related
$850,000 · Merrick Properties Psp
—
—
Williams,stephen B
—
Deed Of Trust
related
$28,500 · Richard D & Linda B Schannep
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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