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Property profile & analytics
OFF-MARKET
Retail space
76290 Covelo Rd Covelo, CA 95428-9728
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2963794
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.42 ac (18,464 SF)
Zoning code
C
APN
033-240-62-00
UPID
US10-2963794
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
-
Covelo Cave Restaurant
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
Samuel Franco · 1 yrs held
Samuel Franco
since 2024
Last sale
$310,000
7 recorded transactions
Zoning & alternative use
C · Covelo, 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 Covelo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covelo 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
$2,827
Tax year 2023
Assessed value
$256,564
Assessed 2023
Previous assessed
$256,564
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$133,860
Assessed improvement
$122,704
Applied tax rate
131.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Lot
0.42 ac (18,464 SF)
Zoning code
C
APN
033-240-62-00
UPID
US10-2963794
Jurisdiction
MENDOCINO
Zoning & alternative use
C · Covelo, CA
Zoning C · permitted uses
C · Covelo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covelo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.42 ac
Current owner
From public records · entity-resolved
Samuel Franco
Individual
Mailing address
23395 BIGGAR LN, COVELO, CA 95428-9914
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 10, 2024
$310,000
Samuel Franco
Franco Tavazzi
Grant Deed
$290,000 · Franco Tavazzi
Dec 28, 2018
—
Tavazzi Franco
Covelo Cave INC
Quit Claim Deed
—
Dec 5, 2017
—
Covelo Cave INC
Tavazzi,franco
Grant Deed
—
May 31, 2017
$230,000
Tavazzi Franco
Wisdom International LLC
Grant Deed
$138,000
Jul 20, 2011
$199,000
Wisdom International LLC
Proschold,terry & Penny
Grant Deed
$179,000 · Terry & Penny Proschold
Oct 5, 2009
$185,000
Terry Proschold
Casita Gallardo
Grant Deed
—
Jun 30, 2005
$250,000
Casita Gallardo
Brown,wanda J
Grant Deed
$265,000 · Wanda J Brown
Dec 24, 1997
—
Wanda J Brown
Brown,thomas D
Quit Claim Deed
related
—
Dec 24, 1997
$70,000
Brown,wanda J
Terry,leon C & Mollie K
Trustees Deed
$85,500 · Terry Trust
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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