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Property profile & analytics
OFF-MARKET
Estimated value
$2,070,000
Warehouses
9220 Cypress St, Newcastle, CA 95658-9380
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-9106091
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1938
Construction
TILT-UP CONCRETE
Total area
31,762 SF
Lot
0.46 ac (19,830 SF)
APN
040-176-001-000
UPID
US09-9106091
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
-
Newcastle Mini Storage Storage Facility
-
Neft Joanne Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$2.07M
Owner & transaction history
Newcastle Mini Storage LLC · 2 yrs held
Newcastle Mini Storage LLC
since 2024
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 Newcastle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newcastle 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,445,000
Current use
Blend value · Realmo final
$2.07M
Range $1.86M – $2.28M · ±10%
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
$65 / 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
$15,975
Tax year 2024
Assessed value
$1,312,713
Assessed 2024
Previous assessed
$1,312,713
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$279,566
Assessed improvement
$1,033,147
Applied tax rate
81.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1938
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Total area
31,762 SF
Lot
0.46 ac (19,830 SF)
APN
040-176-001-000
UPID
US09-9106091
Jurisdiction
PLACER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.4M
WAREHOUSE, STORAGE Current
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
1938
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Newcastle Mini Storage LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 756, NEWCASTLE, CA 95658-0756
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2024
—
Newcastle Mini Storage LLC
Joanne K Neft
Grant Deed
—
Jul 2, 2021
$684,500
Joanne K Neft
Janet Hurwich
Grant Deed
—
Sep 11, 2019
—
Hurwich,janet & Rudolph L Trust
Hurwich,rudolph & Janet
Affidavit Of Death
related
—
Feb 7, 2017
—
Eucalyptus Trust
Hurwich J & R Trust
Quit Claim Deed
related
—
Mar 17, 2015
—
Janet Hurwich
Hurwich Rudolph
Affidavit Of Death
related
—
Jan 13, 2014
—
Hurwich,janet & R Living Trust
Hurwich,rudolph & Janet
Quit Claim Deed
related
—
Feb 20, 2003
—
Hurwich,tr
Hurwich,tr
Quit Claim Deed
related
—
Sep 3, 1999
—
Traynor Trust
Traynor,virgil R & Jacqueline
Quit Claim Deed
related
—
Nov 30, 1989
$765,000
Azevedo,richard
Leonard,peggy
Trustees Deed
—
Nov 30, 1989
—
Neft,joanne K
Azevedo,richard
Trustees Deed
related
—
—
—
Neft Trust
—
Deed Of Trust
related
$178,277 · George Duff Duff Lumber
—
—
Neft,tr
—
Deed Of Trust
related
$300,000 · Hurwich Trust
—
—
Neft Trust
—
Deed Of Trust
related
$417,000 · Bank Of Commerce
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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