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Property profile & analytics
OFF-MARKET
Retail space
748 Washington St, Red Bluff, CA 96080-3307
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-1896654
Property summary
AI-generated overview
This exceptional 6,345-square-foot storefront at 748 Washington Street in Red Bluff, California, presents a remarkable investment opportunity. Located in the heart of the historic downtown business district, this single-story, 1936-built building offers a unique blend of character and modern potential. Currently operating at 100% occupancy, the property is zoned HC and features a single unit within one building. The expansive space provides flexibility for a variety of uses, with the potential to be divided into two separate business locations due to its dual address configuration. This makes it ideal for entrepreneurs, retailers, or service providers seeking a high-visibility location in a thriving area. The gross lease structure simplifies operations, and the asking price is $269,000. The property's APN is 029-382-008-000. This is a rare chance to acquire a substantial retail space in a desirable and historic Red Bluff location. Don't miss this opportunity to establish your business in a vibrant and growing community.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1936
Construction
TILT-UP CONCRETE
Total area
6,345 SF
Lot
0.14 ac (5,886 SF)
Zoning code
H-C
APN
029-382-008-000
UPID
US09-1896654
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
Lincoln Land LLC · 1 yrs held
Lincoln Land LLC
since 2025
Last sale
$200,000
6 recorded transactions
Zoning & alternative use
H-C · Red Bluff, 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 Red Bluff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Red Bluff 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,922
Tax year 2023
Assessed value
$185,103
Assessed 2023
Previous assessed
$185,103
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$77,686
Assessed improvement
$107,417
Applied tax rate
2.0000
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
1936
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
6,345 SF
Lot
0.14 ac (5,886 SF)
Zoning code
H-C
APN
029-382-008-000
UPID
US09-1896654
Jurisdiction
TEHAMA
Zoning & alternative use
H-C · Red Bluff, CA
Zoning H-C · permitted uses
H-C · Red Bluff, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Red Bluff. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1936
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Lincoln Land LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 399, RED BLUFF, CA 96080-0399
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2025
$200,000
Lincoln Land LLC
Laura K Dolling
Grant Deed
—
Dec 9, 2016
—
R & V Properties LLC
Frey,russell J
Grant Deed
—
Jan 25, 2016
—
Russell J Frey
Frey R G JR Living Trust
Quit Claim Deed
related
—
Oct 23, 2012
—
Frey,russell G JR Living Trust
Frey,russell G JR
Quit Claim Deed
related
—
Jun 15, 2012
—
Frey,russell G JR Living Trust
Frey,russell G JR
Quit Claim Deed
related
—
May 18, 2011
—
Dolling Family Trust
Dolling,tod
Quit Claim Deed
related
—
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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