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Property profile & analytics
OFF-MARKET
Estimated value
$1,755,000
Retail residential properties
6500 Hwy 9th 9 Felton, CA 95018-9747
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2807983
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1973
Construction
WOOD
Total area
2,592 SF
Lot
1.19 ac (51,619 SF)
Zoning code
SU-GH,C-4
APN
065-024-09
UPID
US10-2807983
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
$1.68M
CAP Approach
CAP
$1.43M
Comparable Approach
Comparable
$2.32M
Blend (final)
Blend
$1.76M
Owner & transaction history
Landvaca LLC · 3 yrs held
Landvaca LLC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
SU-GH,C-4 · Felton, 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 Felton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Felton 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
$1,700,000
ML approach
$1,680,000
CAP Approach
CAP Return
Estimation
6%
$1,545,000
6.5%
$1,425,000
7%
$1,325,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,625,000
Current use
RETAIL STORES
$1,390,000
Change: -14% · Conversion: Easy
MEDICAL BUILDING
$1,345,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.76M
Range $1.58M – $1.93M · ±10% · vs last sale $1.82M (Dec 20 2022)
Last sale anchor
$1.82M
Dec 20 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
$677 / 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
$23,504
Tax year 2024
Assessed value
$1,982,234
Assessed 2024
Previous assessed
$1,982,234
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$820,235
Assessed improvement
$1,161,999
Applied tax rate
90.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
10
Bathrooms
3
Total area
2,592 SF
Lot
1.19 ac (51,619 SF)
Zoning code
SU-GH,C-4
APN
065-024-09
UPID
US10-2807983
Jurisdiction
SANTA CRUZ
Zoning & alternative use
SU-GH,C-4 · Felton, CA
Zoning SU-GH,C-4 · permitted uses
SU-GH,C-4 · Felton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Felton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1973
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
10
Bathrooms
3
Lot
1.19 ac
Current owner
From public records · entity-resolved
Landvaca LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1351 HIGH ST, SANTA CRUZ, CA 95060-2302
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2022
—
Landvaca LLC
Benjamin Landeros
Intrafamily Transfer
related
—
Oct 14, 2021
—
Benjamin Landeros
Benjamin Landeros
Intrafamily Transfer
related
—
Nov 20, 2018
$1,815,000
Benjamin P Landeros
Tekurian Ents LLC
Grant Deed
—
Apr 12, 2010
—
Tekurian Ents LLC
Anselm,kuno
Quit Claim Deed
related
—
Feb 24, 2009
$1,100,000
Kuno Anselm
Omni Finl LLC
Grant Deed
—
Nov 18, 2008
—
Omni Finl LLC
Equitas Fund LLC
Quit Claim Deed
related
—
Jul 30, 2008
—
Equitas Fund LLC
Omni Financial LLC
Grant Deed
$1,050,000 · Omni Financial LLC
Apr 25, 2008
$1,096,946
Omni Financial LLC
Cj Investment Services INC
Trustees Deed
related
—
Aug 20, 1999
—
Mark Rickert
Rickert,jeanne T
Quit Claim Deed
related
—
Dec 2, 1994
—
Mark Rickert
Lindsay,thomas R
Grant Deed
related
$35,000 · Seller
Sep 21, 1994
—
Thomas R Lindsay
Lindsay,thomas R
Quit Claim Deed
related
—
Jul 29, 1993
—
Thomas R Lindsay
Guio,f R & Lynn
Grant Deed
related
—
—
—
Mark Rickert
—
Deed Of Trust
related
$170,000 · Money Purchase Trust
—
—
Mark Rickert
—
Deed Of Trust
related
$875,000 · Martha Boone
—
—
Mark Rickert
—
Deed Of Trust
related
$60,000 · Money Purchase Trust
—
—
Mark Rickert
—
Deed Of Trust
related
$50,000 · Money Purchase Trust
—
—
Mark Rickert
—
Deed Of Trust
related
$25,000 · Individual
—
—
Mark Rickert
—
Deed Of Trust
related
$25,000 · Individual
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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