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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Investment properties
748 Market St Redding, CA 96003-3606
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-1083957
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1979
Total area
3,969 SF
Lot
0.34 ac (14,810 SF)
APN
112-290-028-000
UPID
US09-1083957
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
Current use
Occupant on record · Public records
-
Leah Moua Marriage Or Relationship Counselor
-
Dunamis Center - Carol Chan, MS, LMFT Family Counselor
-
Jennifer Beaver Marriage Or Relationship Counselor
-
Dani Morley Marriage Or Relationship Counselor Counselor
-
Dunamis Center - Doug Porter, MA, LMFT Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
$651k
Blend (final)
Blend
$630k
Owner & transaction history
Redding Market LLC
Redding Market LLC
since 2026
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$590,000
+15.1%
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 Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding 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
$525,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
$740,000
6.5%
$685,000
7%
$635,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$510,000
Current use
MEDICAL BUILDING
$590,000
Change: +15% · Conversion: Easy
RETAIL STORES
$495,000
Change: -4% · Conversion: Easy
AUTO REPAIR, GARAGE
$440,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $625k (Feb 23 2026)
Last sale anchor
$625k
Feb 23 2026
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
$159 / 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
$6,147
Tax year 2024
Assessed value
$580,000
Assessed 2024
Previous assessed
$580,000
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$150,000
Assessed improvement
$430,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1979
Heating
NONE
Stories
1
Units
1
Total area
3,969 SF
Lot
0.34 ac (14,810 SF)
APN
112-290-028-000
UPID
US09-1083957
Jurisdiction
SHASTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$510,000
MEDICAL BUILDING
Est. value
$590,000
RETAIL STORES
Est. value
$495,000
AUTO REPAIR, GARAGE
Est. value
$440,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1979
Heating
NONE
Stories
1
Units
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Redding Market LLC
Entity
Mailing address
21833 SQUAW GRASS TRL, REDDING, CA 96003-7799
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Feb 23, 2026
$625,000
Redding Market LLC
The Joe And Becky Burgess Family Tr
Grant Deed
$427,471 · Charles Philpot
Sep 8, 2023
$600,000
Joseph Burgess
Charles E Philpot
Grant Deed
$420,000 · Charles Philpot
Oct 5, 2018
—
Charles E Philpot SR.
—
Deed
related
—
Dec 13, 2010
—
Philpot Charles E SR & S Trust
Philpot,charles E & Susan
Quit Claim Deed
related
—
Mar 14, 2003
$389,000
Charles E Philpot
Laager Investments INC
Grant Deed
$212,000 · Us Bank NA
Dec 19, 2002
—
Laager Investments INC
—
Deed Of Trust
related
$2,000,000 · Berg & Berg Enterprises LLC
Aug 1, 2002
$60,000
Laager Investments INC
Peak Production Properties INC
Grant Deed
related
—
May 9, 1997
$220,000
Peak Productions Properties
Clarence E Baker Estate
Grant Deed
$200,000 · Seller
—
—
Jerry L Wyrick
—
Deed Of Trust
related
$250,000 · Rowan Legacy 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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