Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6555 Watt Ave North Highlands, CA 95660

    • Land
    • 5.68 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 6555 Watt Ave

    Lot size
    5.68 lot acres
    Property type
    Land

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Highlands
    County
    Sacramento
    State
    California
    Longitude
    -121.383
    Latitude
    38.6855

    Comparable in this City

    • Value Estimation by Request
      0.97 Acres

      Walerga Rd

      Land • 0.97 Acres
      0 Walerga Rd, Sacramento, CA 95660
      View Details
    • Value Estimation by Request
      1.20 Acres

      Walerga Rd

      Land • 1.20 Acres
      0 Walerga Rd, Sacramento, CA 95660
      View Details
    • Value Estimation by Request
      0.34 Acres

      4980-4986 Watt Ave

      Land • 14,898 SF
      4980-4986 Watt Ave, North Highlands, CA 95660
      View Details
    • Value Estimation by Request
      1.51 Acres

      Walerga Rd

      Land • 1.51 Acres
      0 Walerga Rd, Sacramento, CA 95660
      View Details
    • Value Estimation by Request
      5.70 Acres

      34Th St

      Land • 5.70 Acres
      0 34Th St, North Highlands, CA 95660
      View Details
    • Value Estimation by Request
      2.31 Acres

      Watt Ave. & Elkhorn Blvd

      Land • 2.31 Acres
      0 Watt Ave. & Elkhorn Blvd, North Highlands, CA 95660
      View Details

    Similar Nearby for Sale

    • $399,000
      0.97 Acres

      Walerga Road & Elkhorn Blvd - Possible Residential Dev

      Land • 0.97 Acres
      0 Walerga Rd, Sacramento, CA 95660
      View Details
    • $320,000
      0.34 Acres

      Watt Rose Square: Retail Opportunity

      North Highlands, CA Retail Land, $320,000
      4980-4986 Watt Ave, North Highlands, CA 95660
      View Details
    • $599,000
      1.51 Acres

      Walerga Rd

      Land • 1.51 Acres
      0 Walerga Rd, Sacramento, CA 95660
      View Details
    • $499,000
      1.20 Acres

      Walerga Rd

      Land • 1.20 Acres
      0 Walerga Rd, Sacramento, CA 95660
      View Details
    • $3,400,000
      2.31 Acres

      North Highlands Multi-Family Land

      9.24 Acres, Prime Location, CA
      0 Watt Ave. & Elkhorn Blvd, North Highlands, CA 95660
      View Details
    • Contact for pricing

      Watt Avenue Commercial Acreage

      2.13 acres of commercial land in Sacramento County.
      6233 Watt Ave, North Highlands, CA 95660
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      14,898 SF

      Watt Ave Retail Land Opportunity

      High-traffic retail land, 14,898 sqft.
      4980 Watt Ave, North Highlands, CA 95660
      View Details
    • Contact for pricing
      63,598 SF

      Watt Ave & Myrtle Commercial Land

      ±1.46 Acres, High Traffic, Build-to-Suit
      4840 Watt Ave, North Highlands, CA 95660
      View Details
    • $17 SF/Yr
      16,451 SF

      Watt Ave Retail Center Investment

      North Highlands retail space available.
      7471 Watt Ave, North Highlands, CA 95660
      View Details
    • $0.68 SF/Yr
      55,600 SF

      Warehouse with Office Space

      Lease opportunity: 12,600 sq ft warehouse with office in North Highlands.
      North Highlands, CA 95660
      View Details
    • Contact for pricing
      13,190 SF

      Industrial Space with Highway Frontage

      Industrial space for rent with easy highway access.
      3200-3280 Orange Grove Ave, North Highlands, CA 95660
      View Details
    • Contact for pricing
      10,065 SF

      North Highlands Warehouse Space

      10,065 square foot warehouse space available for lease.
      5304 Roseville Rd, North Highlands, CA 95660
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6555 Watt Ave
    North Highlands, CA 95660
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.