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Property profile & analytics
OFF-MARKET
Commercial land
Magalia, CA 95954
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5071920
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1900
Lot
0.26 ac (11,325 SF)
Zoning code
NC
APN
065-460-031-000
UPID
US09-5071920
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joseph L Gourley II · 7 yrs held
Joseph L Gourley II
since 2019
7 recorded transactions
Zoning & alternative use
NC · Magalia, 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 Magalia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Magalia 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
$241
Tax year 2024
Assessed value
$21,871
Assessed 2024
Previous assessed
$21,871
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$21,871
Applied tax rate
93.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1900
Heating
NONE
Lot
0.26 ac (11,325 SF)
Zoning code
NC
APN
065-460-031-000
UPID
US09-5071920
Jurisdiction
BUTTE
Zoning & alternative use
NC · Magalia, CA
Zoning NC · permitted uses
NC · Magalia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Magalia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
0.26 ac
Current owner
From public records · entity-resolved
Joseph L Gourley II
Individual
Free & Clear · 7 yrs held
Mailing address
15254 SKWY SKYWAY, PARADISE, CA 95969
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Jan 31, 2019
$20,000
Joseph L Gourley II
Scott C Hamilton II
Grant Deed
—
Jan 30, 2018
—
Scott C Hamilton II
Hamilton,emily
Quit Claim Deed
related
—
Jan 30, 2018
$30,909
Scott C Hamiiton II
Oles,kevin
Grant Deed
—
Oct 23, 2015
$50,000
Kevin Oles
Mid Vly Title & Escrow Co|kennedy,jimmy D & Sheryl
Trustees Deed
related
—
Oct 17, 2006
$49,000
Jimmy D Kennedy
Fischer,stanley C
Grant Deed
$34,300 · Stanley C Fischer
Jul 8, 2002
$9,000
Stanley C Fischer
W H Isom Trustee
Grant Deed
$7,000 · W H Isom Trustee
Jan 26, 2000
—
Fuller Rush Schooling Peters
Peters Fuller Rush Schooling
Quit Claim Deed
related
—
Feb 14, 1991
—
Fuller Rush Schoolin Peters
Fortino,shirley
Grant Deed
related
—
Jan 1, 1983
$20,500
—
—
Grant 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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