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Property profile & analytics
OFF-MARKET
Warehouses
Red Bluff, CA 96080
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4187677
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1916
Total area
1,400 SF
Lot
0.04 ac (1,680 SF)
Zoning code
H-C
APN
029-421-019-000
UPID
US09-4187677
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
Mitchell Shandley · 9 yrs held
Mitchell Shandley
since 2017
5 recorded transactions
Zoning & alternative use
H-C · Red Bluff, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 25.72 H-C, HISTORIC COMMERCIAL DISTRICTS. (A) The city recognizes the unique commercial, architectural, historic and aesthetic value of its downtown commercial core area. It is intended that this classification be applied in areas where the continuance of this development pattern is the desired use and that are designated “C” on the land use diagram of the…
Zone name
Historic Commercial District
General category
COMMERCIAL
Zone area
20.09 ac
Source
CHAPTER 25: ZONING
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 Red Bluff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Red Bluff 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
$886
Tax year 2024
Assessed value
$85,332
Assessed 2024
Previous assessed
$83,660
+2.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$34,133
Assessed improvement
$51,199
Applied tax rate
2.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1916
Heating
NONE
Total area
1,400 SF
Lot
0.04 ac (1,680 SF)
Zoning code
H-C
APN
029-421-019-000
UPID
US09-4187677
Jurisdiction
TEHAMA
Zoning & alternative use
H-C · Red Bluff, CAZoning H-C · permitted uses
H-C · Red Bluff, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 25.72 H-C, HISTORIC COMMERCIAL DISTRICTS. (A) The city recognizes the unique commercial, architectural, historic and aesthetic value of its downtown commercial core area. It is intended that this classification be applied in areas where the continuance of this development pattern is the desired use and that are designated “C” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “H-C” in the chart marked “commercial zones and permit requirements” in
Zone name
Historic Commercial District
General category
COMMERCIAL
Zone area
20.09 ac
Source
CHAPTER 25: ZONING
Building & site characteristics
From public records
Year built
1916
Heating
NONE
Lot
0.04 ac
Current owner
From public records · entity-resolved
Mitchell Shandley
Individual
Mailing address
203 MARIN ST, SAN RAFAEL, CA 94901-3713
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
—
Mitchell Shandley
—
Deed
related
$100,000 · Cornerstone Community Bank
Feb 17, 2017
$75,000
Mitchell Shandley
Kramer Family Trust
Grant Deed
$35,000 · Kramer Family Trust (pt)
Feb 17, 2017
—
Mitchell Shandley
Eneidi,andrea
Quit Claim Deed
related
—
Oct 26, 2007
—
Kramer Family Trust
Kramer,kenneth C & Karin M
Quit Claim Deed
related
—
—
—
Kenneth C Kramer
—
Deed Of Trust
related
$69,700 · Bank Of America
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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