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Property profile & analytics
OFF-MARKET
Estimated value
$4,990,000
Gas stations
6461 Cedar Lk Dr Magalia, CA 95954
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3612563
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
2013
Total area
20,300 SF
Lot
0.91 ac (39,639 SF)
Zoning code
G-C
APN
065-210-064-000
UPID
US09-3612563
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
$4.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.79M
Blend (final)
Blend
$4.99M
Owner & transaction history
Parkwest LP · 3 yrs held
Parkwest LP
since 2022
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
G-C · Magalia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.7M
+20.8%
Industrial (general)
$3.1M
+1.6%
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 Magalia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Magalia 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
$4,720,000
ML approach
$4,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$3,070,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,710,000
Change: +21% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,120,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$3,065,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$4.99M
Range $4.49M – $5.49M · ±10% · vs last sale $5.20M (Aug 31 2022)
Last sale anchor
$5.20M
Aug 31 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
$246 / 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
$23,361
Tax year 2024
Assessed value
$2,189,430
Assessed 2024
Previous assessed
$2,189,430
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$306,000
Assessed improvement
$1,883,430
Applied tax rate
93.0000
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
2013
Heating
NONE
Stories
1
Total area
20,300 SF
Lot
0.91 ac (39,639 SF)
Zoning code
G-C
APN
065-210-064-000
UPID
US09-3612563
Jurisdiction
BUTTE
Zoning & alternative use
G-C · Magalia, CA
Zoning G-C · permitted uses
G-C · Magalia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Magalia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.7M
INDUSTRIAL (GENERAL)
Est. value
$3.1M
OFFICE BUILDING
Est. value
$3.1M
SERVICE STATION (FULL SERVICE) Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
OFFICE 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
2013
Heating
NONE
Stories
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Parkwest LP
Entity
Free & Clear · 3 yrs held
Mailing address
4554 CATERPILLAR RD, REDDING, CA 96003-1430
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2026
—
Parkwest LP
—
Deed
related
$2,000,000 · Five Star Bank
Aug 31, 2022
$5,200,000
Parkwest LP
William Jenkins
Grant Deed
—
Dec 31, 2001
—
Daniel R Kennedy
Kennedy,rhonda
Quit Claim Deed
related
—
May 14, 1998
—
Daniel R Kennedy
Kennedy,elizabeth
Quit Claim Deed
related
—
May 14, 1998
$5,000
Kennedy,daniel R
Hayes,david R & Janice C
Trustees Deed
related
—
Mar 19, 1987
$19,000
Elizabeth Kennedy
—
Grant Deed
related
—
—
—
Daniel R Kennedy
—
Deed Of Trust
related
$2,056,000 · Scott Valley Bank
—
—
Daniel R Kennedy
—
Deed Of Trust
related
$240,000 · Scott Valley Bank
—
—
Daniel R Kennedy
—
Deed Of Trust
related
$575,000 · Scott Valley 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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