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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail space
7737 Hwy 9th 9 Ben Lomond, CA 95005-9757
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1182329
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Construction
WOOD
Total area
2,153 SF
Lot
0.12 ac (5,140 SF)
Zoning code
C-1
APN
072-201-16
UPID
US09-1182329
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
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Nicholas Torres · 2 yrs held
Nicholas Torres
since 2023
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
C-1 · Ben Lomond, 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 Ben Lomond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ben Lomond 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
$510,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $500k (May 19 2025)
Last sale anchor
$500k
May 19 2025
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
$235 / 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
$4,886
Tax year 2024
Assessed value
$384,026
Assessed 2024
Previous assessed
$384,026
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$221,634
Assessed improvement
$162,392
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
CENTRAL
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
2,153 SF
Lot
0.12 ac (5,140 SF)
Zoning code
C-1
APN
072-201-16
UPID
US09-1182329
Jurisdiction
SANTA CRUZ
Zoning & alternative use
C-1 · Ben Lomond, CAZoning C-1 · permitted uses
C-1 · Ben Lomond, 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
1954
Construction
WOOD
Heating
CENTRAL
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Nicholas Torres
Individual
Mailing address
5 S CIR DR, SANTA CRUZ, CA 95060-1808
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2023
$500,000
Nicholas Torres
Cody Kanawyer
Grant Deed
—
Sep 30, 2020
—
Cody Kanawyer
Cody Kanawyer
Intrafamily Transfer
related
$300,000 · Liberty Bank
Jun 16, 2009
—
Cody Kanawyer
Kanawyer,randy & Margaret
Quit Claim Deed
related
—
Nov 30, 2004
—
Randy Kanawyer
Kanawyer,cody
Quit Claim Deed
related
$166,600 · Coast Commercial Bank
Jun 1, 2004
$183,572
Cody Kanawyer
Shaffer,diane L
Trustees Deed
—
—
—
Diane L Shaffer
—
Deed Of Trust
related
$120,000 · Beneficial California INC
—
—
Diane L Shaffer
—
Deed Of Trust
related
$14,800 · Us Small Business Admn
—
—
Diane L Shaffer
—
Deed Of Trust
related
$158,000 · Beneficial California INC
—
—
Diane L Shaffer
—
Deed Of Trust
related
$15,700 · Us Small Business Admn
—
—
Diane L Shaffer
—
Deed Of Trust
related
$115,000 · Pacific Western National Bank
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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