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Property profile & analytics
OFF-MARKET
Turn key restaurants
924 Redwood Dr Garberville, CA 95542-3109
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2275328
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1981
Total area
2,668 SF
Lot
0.11 ac (4,791 SF)
Zoning code
C-2-D
APN
032-071-013-000
UPID
US09-2275328
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
-
Humboldt Bar & Grill Restaurant
-
Greyhound: Bus Stop Logistics Company Trucking Company
-
Garberville Bus Stop
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
Michael Vermon Roy Bonham IV · 5 yrs held
Michael Vermon Roy Bonham IV
since 2021
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
C-2-D · Garberville, 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 Garberville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garberville 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,057
Tax year 2024
Assessed value
$431,792
Assessed 2024
Previous assessed
$431,792
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$169,793
Assessed improvement
$261,999
Applied tax rate
156.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1981
Heating
NONE
Stories
1
Rooms
2
Total area
2,668 SF
Lot
0.11 ac (4,791 SF)
Zoning code
C-2-D
APN
032-071-013-000
UPID
US09-2275328
Jurisdiction
HUMBOLDT
Zoning & alternative use
C-2-D · Garberville, CA
Zoning C-2-D · permitted uses
C-2-D · Garberville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garberville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Stories
1
Rooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Michael Vermon Roy Bonham IV
Individual
Mailing address
2548 DONNA DR, EUREKA, CA 95503-7190
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2021
—
Michael Vermon Roy Bonham IV
Patricia J Banham
Intrafamily Transfer
related
—
Dec 20, 2019
—
Bonham,patricia J Trust
Bonham Vern III
Deed In Lieu Of Foreclosure
related
—
Nov 13, 2017
$400,000
Bonham Vern III
Foote,julia A
Grant Deed
$70,000 · Bonham Patricia J Trust (rt)
Jul 15, 2013
$309,000
Julia A Foote
Bilandzija,patrick J
Grant Deed
$300,000 · Patrick J Bilandzija
Dec 23, 2011
$298,000
Patrick J Bilandzija
Cox Marily M Living Trust
Grant Deed
—
Jan 16, 1996
$360,000
Cox Trust
Mcgrath Trust
Grant Deed
related
$315,000 · Seller
—
—
Cox Marilyn M Living Trust
—
Deed Of Trust
related
$31,600 · Jim JR & Tammy Clary
—
—
Water Wheel Restaurant
—
Deed Of Trust
related
—
—
—
Cox Marilyn M Living Trust
—
Deed Of Trust
related
—
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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