Back to Search
Property profile & analytics
OFF-MARKET
Retail space
84 State St Willits, CA 95490-3116
Trust Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-0001082
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.17 ac (7,600 SF)
APN
005-141-05-00
UPID
US09-0001082
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
The Velez Family Revocable Trust · 10 yrs held
The Velez Family Revocable Trust
since 2015
7 recorded transactions
Zoning & alternative use
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 Willits submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willits 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
$6,284
Tax year 2023
Assessed value
$386,977
Assessed 2023
Previous assessed
$386,977
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$109,736
Assessed improvement
$277,241
Applied tax rate
4.0000
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
0.17 ac (7,600 SF)
APN
005-141-05-00
UPID
US09-0001082
Jurisdiction
MENDOCINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
The Velez Family Revocable Trust
Trust
Mailing address
3808 HIDDEN SPGS CT, EL SOBRANTE, CA 94803-2146
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2015
$335,000
The Velez Family Revocable Trust
Joan M Shaff
Grant Deed
$268,000 · Wells Fargo Bank NA
Jun 4, 2008
$100,000
Joan M Shaff
Premier Finl Assocs INC
Trustees Deed
related
—
Jan 6, 2005
—
State Street Of Willits Trust
Ravenwood Trust
Grant Deed
—
Aug 23, 2001
$417,000
Ravenwood Trust
Stanske,larry & Virgiia L
Grant Deed
$460,000 · Presidio Mortgage
Sep 28, 1999
—
Stranske Trust
Stranske,larry W & Virginia L
Quit Claim Deed
related
—
Apr 16, 1998
—
Larry W Stranske
Famiglietti,kimberly M
Quit Claim Deed
related
—
Jun 18, 1997
—
Larry W Stranske
Stranske,larry W & Virginia L
Quit Claim Deed
related
—
—
—
Larry W Stranske
—
Deed Of Trust
related
$130,000 · Six Rivers National Bank
—
—
State Street Of Willits Trust
—
Deed Of Trust
related
$30,000 · Joan M Shaff
—
—
Ravenwood,tr
—
Deed Of Trust
related
$333,500 · Community Properties
—
—
Ravenwood Trust
—
Deed Of Trust
related
$625,000 · Financial Freedom Loans
—
—
State Street Of Willits Trust
—
Deed Of Trust
related
$132,136 · Ziyad Hannon
—
—
State Street Of Willits Trust
—
Deed Of Trust
related
$33,417 · Loren D Gardner
—
—
Larry W Stranske
—
Deed Of Trust
related
$45,000 · Bank Of America
—
—
Larry W Stranske
—
Deed Of Trust
related
$140,000 · Savings Bank Mendocino County
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 84 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
