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Property profile & analytics
OFF-MARKET
Estimated value
$4,825,000
Retail space
199 Blue Ravine Rd Folsom, CA 95630-4753
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0213631
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
WOOD
Total area
11,838 SF
Lot
1.5 ac (65,340 SF)
Zoning code
C-3 (PD)
APN
072-0850-028-0000
UPID
US09-0213631
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
-
Mr. Pickle's Sandwich Shop - Folsom, CA Take-out & Catering
-
Bank of America ATM Atm
-
Tresses By Juless Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Lotus 8 Asian Cuisine Restaurant
-
Tanya Martin Skincare Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.34M
Blend (final)
Blend
$4.83M
Owner & transaction history
Henry Jiang · 4 yrs held
Henry Jiang
since 2022
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
C-3 (PD) · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.6M
+46.0%
Office building
$3.9M
+3.4%
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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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
$4,335,000
ML approach
$4,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,815,000
Current use
RESTAURANT
$5,570,000
Change: +46% · Conversion: Easy
OFFICE BUILDING
$3,945,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,390,000
Change: -11% · Conversion: Difficult
MEDICAL BUILDING
$3,080,000
Change: -19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,055,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$4.83M
Range $4.34M – $5.31M · ±10% · vs last sale $5.05M (Jul 1 2022)
Last sale anchor
$5.05M
Jul 1 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
$408 / 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
$56,710
Tax year 2024
Assessed value
$5,151,000
Assessed 2024
Previous assessed
$5,151,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,132,200
Assessed improvement
$4,018,800
Applied tax rate
4.0000
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
2004
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
11,838 SF
Lot
1.5 ac (65,340 SF)
Zoning code
C-3 (PD)
APN
072-0850-028-0000
UPID
US09-0213631
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-3 (PD) · Folsom, CA
Zoning C-3 (PD) · permitted uses
C-3 (PD) · Folsom, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Folsom. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.8M
RESTAURANT
Est. value
$5.6M
OFFICE BUILDING
Est. value
$3.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$3.1M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
1.5 ac
Current owner
From public records · entity-resolved
Henry Jiang
Individual
Mailing address
843 MALCOLM RD, BURLINGAME, CA 94010-1406
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2022
$5,050,000
Henry Jiang
Cheng Chow & Chu Incorporated
Grant Deed
$3,000,000 · East West Bank
Jun 15, 2005
$5,961,000
Cheng Chow & Chu INC
Navarra,peter & Leslie
Grant Deed
—
Apr 8, 2005
—
Peter Navarra
Natoma Junction Retail Plaza
Grant Deed
related
—
Sep 3, 2003
$835,000
Natoma Junction Retail Venture
Albert & Celeste Navarra Famil
Grant Deed
$300,000 · Meissner Trust
Apr 16, 2001
—
R & M Folsom I LLC
—
Trustees Deed
related
$800,000 · Redding Bank Of Commerce
Mar 23, 2001
—
Farms Trust
R & M Folsom I LLC
Quit Claim Deed
related
$42,357 · Wells Fargo Financial Bank
Jan 8, 1999
$385,000
R & M Folsom I LLC
Natoma Station North LP
Grant Deed
—
Nov 13, 1998
$1,550,000
R & M Folsom I LLC
Parikka,dennis R
Grant Deed
$1,540,000 · Sierrawest Bank
—
—
R & M Folsom I LLC
—
Deed Of Trust
related
$150,000 · James & Lisa
—
—
Cheng Chow & Chu INC
—
Loan Modification
related
$1,897,500 · Cathay Bk
—
—
Cheng Chow & Chu INC
—
Deed Of Trust
related
$3,530,000 · Cathay Bank
—
—
Natoma Junction Retail Plaza
—
Deed Of Trust
related
$3,000,000 · Placer Sierra 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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