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Property profile & analytics
OFF-MARKET
Estimated value
$8,430,000
Commercial land
Lincoln Blvd Oroville, CA 95966
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4952900
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1900
Lot
13 ac (566,280 SF)
Zoning code
MU-1
APN
078-090-044-000
UPID
US09-4952900
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.43M
Owner & transaction history
W&r Wedgewood Apartments · 2 yrs held
W&r Wedgewood Apartments
since 2023
Last sale
$8.5M
7 recorded transactions
Zoning & alternative use
MU-1 · Oroville, 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 Oroville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oroville 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
$9,320,000
ML approach
$8,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.43M
Range $7.59M – $9.27M · ±10% · vs last sale $8.50M (Sep 27 2023)
Last sale anchor
$8.50M
Sep 27 2023
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
—
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
$31,922
Tax year 2024
Assessed value
$2,215,000
Assessed 2024
Previous assessed
$2,215,000
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$2,215,000
Applied tax rate
92.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1900
Heating
NONE
Lot
13 ac (566,280 SF)
Zoning code
MU-1
APN
078-090-044-000
UPID
US09-4952900
Jurisdiction
BUTTE
Zoning & alternative use
MU-1 · Oroville, CA
Zoning MU-1 · permitted uses
MU-1 · Oroville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oroville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
13 ac
Current owner
From public records · entity-resolved
W&r Wedgewood Apartments
Individual
Mailing address
2998 DOUGLAS BLVD STE #125, ROSEVILLE, CA 95661-4228
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2023
$1,020,000
W&r Wedgewood Apartments
Jeffrey Ashlock
Grant Deed
—
Sep 27, 2023
$8,500,000
River Ranch Oroville LLC
W&r Wedgewood Apartments
Grant Deed
$12,000,000 · Us Affordable Housing Fund 1 LP
Jun 30, 2021
$300,000
W&r Wedgewood Apartments INC
Thomas C Hammons SR.
Grant Deed
—
Mar 5, 2021
—
Joseph R Tessaro
Joseph R Tessaro
Intrafamily Transfer
related
—
Mar 4, 2021
—
Thomas C Hammons SR.
Betty Jean Hammons
Intrafamily Transfer
related
—
Nov 15, 2006
—
Ashlock Family Trust
Ashlock,william L & Betty L
Quit Claim Deed
related
—
Aug 2, 2006
$25,590
William L Ashlock
Ashlock,jeffrey
Grant Deed
related
—
Apr 8, 2004
$30,000
Jeffrey Ashlock
Ashlock,tr
Grant Deed
related
$5,000 · Carolyn B Ashlock
Feb 9, 2000
—
Eric J Fortenbach
Fortenbach,ellamarie S
Quit Claim Deed
related
—
Aug 19, 1999
$18,000
Eric J Fortenbach
In2 Posters INC
Grant Deed
—
Apr 18, 1994
—
Eric J Fortenbach
Fortenbach,eric
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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