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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Retail space
798 Edith Ave Corning, CA 96021-2346
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0283130
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Total area
5,995 SF
Lot
0.43 ac (18,730 SF)
Zoning code
C-3-CBDZ
APN
069-260-063-000
UPID
US09-0283130
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
-
O'Reilly Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$710k
Blend (final)
Blend
$975k
Owner & transaction history
Carol H Cox · 5 yrs held
Carol H Cox
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
C-3-CBDZ · Corning, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote a wide range of commercial uses that serve community and regional shopping and service needs
Zone name
Commercial
General category
COMMERCIAL
Zone area
269.68 ac
Source
Realmo
Top alternative use upside
Office building
$650,000
+39.4%
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 Corning submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corning 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
$975,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$650,000
Change: +39% · Conversion: Easy
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $1.00M (Jun 25 2021)
Last sale anchor
$1.00M
Jun 25 2021
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
$163 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,933
Tax year 2023
Assessed value
$660,000
Assessed 2023
Previous assessed
$660,000
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$102,850
Assessed improvement
$557,150
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1999
Heating
NONE
Total area
5,995 SF
Lot
0.43 ac (18,730 SF)
Zoning code
C-3-CBDZ
APN
069-260-063-000
UPID
US09-0283130
Jurisdiction
TEHAMA
Zoning & alternative use
C-3-CBDZ · Corning, CAZoning C-3-CBDZ · permitted uses
C-3-CBDZ · Corning, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote a wide range of commercial uses that serve community and regional shopping and service needs
Zone name
Commercial
General category
COMMERCIAL
Zone area
269.68 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$650,000
OFFICE BUILDING
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
1999
Heating
NONE
Lot
0.43 ac
Current owner
From public records · entity-resolved
Carol H Cox
Individual
Free & Clear · 5 yrs held
Mailing address
561 ESKATON CIR, GRASS VALLEY, CA 95945-5750
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jun 25, 2021
—
Carol H Cox
Carol H Cox
Intrafamily Transfer
related
—
Mar 24, 2021
—
Carol H Cox
Carol H Cox
Intrafamily Transfer
related
—
Feb 13, 2020
—
Cox,allen H Trust
Allen H Cox III
Affidavit Of Death
related
—
Dec 8, 2006
—
Cox,carol H
Cox Carol H Trust
Quit Claim Deed
related
—
Sep 26, 2001
—
Cox Trust
Cox,carol H
Quit Claim Deed
related
—
Sep 29, 1999
—
Carol H Cox
Cox,allen H
Quit Claim Deed
related
—
Sep 29, 1999
$1,000,000
Carol H Cox
Cahan/hem Ga LLC
Grant Deed
$360,000 · Stancorp Mortgage Investors
Sep 30, 1998
$75,000
Cahan/hem Ga LLC
Fhk Investment Co
Grant Deed
$712,500 · San Diego 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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