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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Retail space
983 Lk Blvd Redding, CA 96003-1746
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0525061
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Total area
9,728 SF
Lot
0.7 ac (30,491 SF)
APN
113-060-014-000
UPID
US09-0525061
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
-
Unique Fitness Gym & Fitness Center
-
The Temple Tattoo & Piercing Shop
-
Taqueria El Primo Restaurant
-
Martin's NorCal Dog Training Animal Training
-
El Parian Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$550k
Blend (final)
Blend
$565k
Owner & transaction history
Kalotia LLC · 3 yrs held
Kalotia LLC
since 2022
Last sale
$650,000
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 Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding 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
$530,000
ML approach
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $650k (Nov 9 2022)
Last sale anchor
$650k
Nov 9 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
$58 / 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
$7,368
Tax year 2024
Assessed value
$663,000
Assessed 2024
Previous assessed
$663,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$153,000
Assessed improvement
$510,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1977
Heating
NONE
Stories
1
Units
1
Total area
9,728 SF
Lot
0.7 ac (30,491 SF)
APN
113-060-014-000
UPID
US09-0525061
Jurisdiction
SHASTA
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
Year built
1977
Heating
NONE
Stories
1
Units
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Kalotia LLC
Entity
Mailing address
3530 CROWLEY CT, COTTONWOOD, CA 96022-9808
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2022
$650,000
Kalotia LLC
Deborah Ann Higer
Grant Deed
$300,000 · Deborah A Higer Family Trust 2005
Oct 19, 2017
—
Higer,deborah A Family Trust
Higer,deborah A
Quit Claim Deed
related
—
Dec 20, 2005
—
Deborah A Higer
Higer D A Family 2005 Trust
Quit Claim Deed
related
—
Apr 15, 2005
—
Higer Deborah A 2005 Trust
Higer,deborah A
Quit Claim Deed
related
—
Jul 16, 2002
$495,000
Deborah A Higer
North,albert G & Vicki J
Grant Deed
$350,000 · Mid Valley Bank
Jan 5, 1998
—
North Trust
North,albert G & Vicki J
Quit Claim Deed
related
—
May 31, 1994
$360,000
Albert G North
Reed,carl G & So
Grant Deed
$130,000 · Individual
—
—
I D Mc Collum
—
Deed Of Trust
related
$27,900 · Redding Mortgage Inv INC
—
—
Deborah A Higer
—
Deed Of Trust
related
$240,000 · Tri Counties Bank
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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