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Property profile & analytics
OFF-MARKET
Estimated value
$1,670,000
Drive through restaurants
978 Olive Dr Davis, CA 95616-4713
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-1673068
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1962
Total area
990 SF
Lot
0.23 ac (10,018 SF)
Zoning code
C-H
APN
070-270-004-000
UPID
US09-1673068
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
-
Chandos Tacos Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.67M
Owner & transaction history
City Of Davis · 1 yrs held
City Of Davis
since 2024
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
C-H · Davis, 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 Davis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davis 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
$1,855,000
ML approach
$1,835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.67M
Range $1.50M – $1.84M · ±10% · vs last sale $1.50M (Dec 29 2020)
Last sale anchor
$1.50M
Dec 29 2020
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
$1,687 / 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
$5,081
Tax year 2023
Assessed value
$306,763
Assessed 2023
Previous assessed
$306,763
+0.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$250,989
Assessed improvement
$55,774
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1962
Heating
NONE
Total area
990 SF
Lot
0.23 ac (10,018 SF)
Zoning code
C-H
APN
070-270-004-000
UPID
US09-1673068
Jurisdiction
YOLO
Zoning & alternative use
C-H · Davis, CA
Zoning C-H · permitted uses
C-H · Davis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
City Of Davis
Entity
Free & Clear · 1 yrs held
Mailing address
1236 DRUMMOND BLVD S, DAVIS, CA 95618-4979
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2024
—
City Of Davis
Davis Gateway Student Housing LLC
Intrafamily Transfer
related
—
Dec 29, 2020
—
Ashok R Patel
Patel R P & S R L/tr
Quit Claim Deed
—
Dec 15, 2016
$1,500,000
Royal Ganesh LLC
Schacherbauer,john D & Patricia A
Grant Deed
$800,000 · John D & Patricia A Schacherbauer
Dec 15, 2016
—
John D Schacherbauer
Nishi Gateway LLC
Quit Claim Deed
related
—
Dec 31, 2012
—
John D Schacherbauer
Schacherbauer,john D
Quit Claim Deed
related
—
Apr 5, 2004
—
Schacherbauer,tr
Schacherbauer,janis H
Quit Claim Deed
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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