Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,165,000
Commercial real estate
950 Taylor Rd Newcastle, CA 95658-9778
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-9211180
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1922
Construction
WOOD
Total area
6,932 SF
Lot
11.8 ac (514,008 SF)
Zoning code
ARB40
APN
031-241-049-000
UPID
US09-9211180
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 Wedding Gardens Wedding Service Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.11M
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
$2.40M
Blend (final)
Blend
$2.17M
Owner & transaction history
Mermod Properties LLC · 3 yrs held
Mermod Properties LLC
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
ARB40 · Newcastle, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.7M
+61.4%
Office building
$2.0M
+20.0%
Auto repair, garage
$1.9M
+11.2%
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
$2,115,000
ML approach
$2,105,000
CAP Approach
CAP Return
Estimation
6%
$1,755,000
6.5%
$1,620,000
7%
$1,505,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,675,000
Current use
RESTAURANT
$2,705,000
Change: +61% · Conversion: Difficult
OFFICE BUILDING
$2,010,000
Change: +20% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,865,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$1,595,000
Change: -5% · Conversion: Easy
RETAIL STORES
$1,550,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$2.17M
Range $1.95M – $2.38M · ±10% · vs last sale $2.73M (Dec 20 2022)
Last sale anchor
$2.73M
Dec 20 2022
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
$312 / 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
$30,245
Tax year 2024
Assessed value
$2,792,500
Assessed 2024
Previous assessed
$2,792,500
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,020,000
Assessed improvement
$1,772,500
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1922
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Units
1
Bathrooms
4
Total area
6,932 SF
Lot
11.8 ac (514,008 SF)
Zoning code
ARB40
APN
031-241-049-000
UPID
US09-9211180
Jurisdiction
PLACER
Zoning & alternative use
ARB40 · Newcastle, CA
Zoning ARB40 · permitted uses
ARB40 · Newcastle, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newcastle. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
RESTAURANT
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1922
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Units
1
Bathrooms
4
Lot
11.8 ac
Current owner
From public records · entity-resolved
Mermod Properties LLC
Entity
Mailing address
950 TAYLOR RD, NEWCASTLE, CA 95658-9778
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2022
$2,730,000
Mermod Properties LLC
Greg Casella Investments LLC
Grant Deed
$1,365,000 · First Northern Bank Of Dixon
Dec 20, 2022
—
Savor This Custom Catering & Events
Mermod Properties LLC
Lease
$1,119,000 · The Mortgage Capital Development Corp
Aug 11, 2017
—
Greg Casella Investments LLC
—
Deed
related
$979,000 · Mortgage Cap Dev
Jul 11, 2017
$2,730,000
Greg Casella Investments LLC
Stephen A Barron
Grant Deed
$1,365,000 · Western Alliance Bank
Jul 11, 2017
—
Greg Casella Investments LLC
—
Deed
related
$955,500 · Western Alliance Bank
Dec 19, 2016
—
Stephen A Barron
—
Deed
related
$449,000 · Nationstar Mortgage LLC
Jun 13, 2016
—
Stephen A Barron
Barron Georgia G Trust
Quit Claim Deed
related
—
Apr 30, 2003
$895,000
Barron,tr
Odea,thomas P & Marsha G
Grant Deed
$650,000 · Bank Of America
Mar 6, 1998
—
Thomas P O'dea
Odea,thomas P & Marsha G
Quit Claim Deed
related
$279,000 · Chase Manhattan Mortgage Corp
Oct 4, 1994
$331,000
Thomas P O'dea
Veiga Trust
Grant Deed
$264,800 · Directors Mortgage Loan Corp
—
—
—
—
Deed Of Trust
related
$955,400 · Western Alliance Bk
—
—
Western Alliance Bk
—
Deed Of Trust
related
$1,365,000 · Mortgage Cap Dev
—
—
Greg Casella Investments LLC
—
Deed Of Trust
related
$979,000 · Mortgage Cap Dev
—
—
Barron Georgia G Trust
—
Deed Of Trust
related
$125,000 · Bank Of Sacramento
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 950 Taylor Rd?
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.
