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Property profile & analytics
FOR SALE
Industrial properties
10190 Systems Pkwy Sacramento, CA 95827
Trust Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3116294
For Sale
1 / 3
$1,815,000
10190 Systems Pkwy, Sacramento, CA 95827
View Listing →
Property summary
AI-generated overview
Exceptional investment opportunity: a 19,630-square-foot flex building located at 10190 Systems Parkway, Sacramento, CA 95827. This single-story, 100% occupied property boasts four loading docks and sits on a 1.47-acre lot. Built in 1988 and extensively renovated in 2020 and 2023, the building features a desirable OIMU zoning designation. Currently housing three tenants, including the State of California (occupying 83% of the space), this stabilized asset offers a strong 5.08% cap rate and a substantial net operating income (NOI) of $160,068. The asking price is $3,150,000, translating to $160.47 per square foot. This property presents a compelling investment opportunity, particularly for those seeking a 1031 exchange. The property's strong tenancy and recent renovations ensure a stable and potentially appreciating asset. The under-market rents provide an opportunity for future income growth.
Property profile
Verified
Property type
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Year built
1988
Construction
TILT-UP CONCRETE
Total area
19,630 SF
Lot
1.47 ac (64,033 SF)
Zoning code
OIMU
APN
077-0360-032-0000
UPID
US10-3116294
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
-
New Life Foursquare Church Church
-
New Life Preschool & Learning High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.82M
Owner & transaction history
Mercado,javier & Maria Trust · 8 yrs held
Mercado,javier & Maria Trust
since 2018
7 recorded transactions
Zoning & alternative use
OIMU · Sacramento, 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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MULTI-TENANT INDUSTRIAL BUILDING
$2,665,000
Current use
Blend value · Realmo final
$1.82M
Range $1.63M – $2.00M · ±10%
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
$92 / 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
$22,231
Tax year 2024
Assessed value
$1,895,879
Assessed 2024
Previous assessed
$1,895,879
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$334,654
Assessed improvement
$1,561,225
Applied tax rate
8.0000
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
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Status
For Sale
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
19,630 SF
Lot
1.47 ac (64,033 SF)
Zoning code
OIMU
APN
077-0360-032-0000
UPID
US10-3116294
Jurisdiction
SACRAMENTO
Zoning & alternative use
OIMU · Sacramento, CA
Zoning OIMU · permitted uses
OIMU · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MULTI-TENANT INDUSTRIAL BUILDING Current
Est. value
$2.7M
MULTI-TENANT INDUSTRIAL BUILDING Current
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
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.47 ac
Current owner
From public records · entity-resolved
Mercado,javier & Maria Trust
Trust
Free & Clear · 8 yrs held
Mailing address
461 VIS RDG DR, MILPITAS, CA 95035-7217
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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 23, 2018
$1,300,000
Mercado,javier & Maria Trust
Kong,peggy B
Grant Deed
—
Aug 19, 2014
—
Peggy B Kong
—
Trustees Deed
related
$1,299,000 · Global One Stop Serive Co Ltd
Nov 10, 2011
$774,000
Peggy B Kong
Community Commerce Bk
Grant Deed
—
Mar 15, 2011
$1,251,479
Community Commerce Bk
Refs INC
Trustees Deed
related
—
May 19, 2004
$1,800,000
Darwin N Mickle
Kling,richard D Tr
Grant Deed
$1,260,000 · Community Commerce Bank
Feb 5, 1998
$1,371,500
Kling Trust
Db Fite Properties INC
Grant Deed
$400,000 · American River Bank
Jun 27, 1995
—
D B Fite
Fite,darlyne I
Quit Claim Deed
related
$2,227,021 · Wells Fargo Bank
Jun 27, 1995
$858,000
Jon Gibson Co
D B Fite Properties INC
Trustees Deed
related
—
—
—
Kling,tr
—
Deed Of Trust
related
$322,057 · Adams Bank & Trust
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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