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Property profile & analytics
OFF-MARKET
Commercial real estate
6900 Lincoln Blvd Palermo, CA 95968
Individually Owned
17-yr Hold
Free & Clear
Property ID
US09-0411159
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Lot
2.29 ac (99,752 SF)
Zoning code
ARMH1
APN
026-060-001-000
UPID
US09-0411159
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
Ramiro Medrano · 17 yrs held
Ramiro Medrano
since 2009
7 recorded transactions
Zoning & alternative use
ARMH1 · Palermo, 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 Palermo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palermo 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
$6,171
Tax year 2024
Assessed value
$123,711
Assessed 2024
Previous assessed
$123,711
+0.0% YoY
Effective rate
4.99%
On assessed value
Assessed land
$94,681
Assessed improvement
$29,030
Applied tax rate
92.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1900
Heating
NONE
Lot
2.29 ac (99,752 SF)
Zoning code
ARMH1
APN
026-060-001-000
UPID
US09-0411159
Jurisdiction
BUTTE
Zoning & alternative use
ARMH1 · Palermo, CAZoning ARMH1 · permitted uses
ARMH1 · Palermo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
2.29 ac
Current owner
From public records · entity-resolved
Ramiro Medrano
Individual
Free & Clear · 17 yrs held
Mailing address
PO BOX 42, PALERMO, CA 95968-0042
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2009
$98,000
Ramiro Medrano
Decann,phil
Grant Deed
—
May 26, 2009
—
Phil Decann
Avera,sarah J
Affidavit Of Death
—
Jan 7, 2000
$100,000
Phil Decann
Balaz,harold J & Dorothy
Grant Deed
$80,000 · Seller
Apr 28, 1994
—
Shannon C Lightfoot
Lightfoot,lois E
Quit Claim Deed
related
—
Apr 28, 1994
$75,000
Balaz,harold J & Dorothy
Lightfoot,shanno
Trustees Deed
related
—
Apr 28, 1994
$40,000
Lighfoot,shannon C
Rasmussen,peter
Trustees Deed
related
—
Aug 23, 1993
—
Shannon C Lightfoot
Rasmussen,peter
Grant Deed
related
—
—
—
Harold J Balaz
—
Deed Of Trust
related
$22,000 · Gran Family LP
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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