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
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1001 Del Paso Blvd Sacramento, CA 95815-3662

    • Warehouses
    • 15,610 SF
    • 0.29 lot acres
    OFF-MARKET
    Last Sale
    Oct 04, 2021
    $700,000
    Value Estimations
    $760,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1196312
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 1001 Del Paso Blvd

    Year built
    1940
    Lot size
    0.29 lot acres
    Property size
    15,610 SF
    Zone code
    C-2-SPD
    Property type
    Warehouses
    APN
    275-0161-014-0000
    APU
    27501610140000

    Description

    This unique 22,000-square-foot commercial building in Sacramento County's Richards Blvd/Downtown submarket presents a compelling investment opportunity. Built in 1940, this two-story structure boasts a blend of industrial warehouse space and executive offices on the ground floor, complemented by art studios and lofts on the second floor. Previously used as an art gallery and studio center, the property retains a distinctive artistic character. The flexible layout allows for customization; the first-floor offices could be easily converted to expand the warehouse area. The property includes one dock-high door and three drive-in doors, enhancing logistical efficiency. Sitting on a 0.155-acre lot, there's potential to add parking or yard space by paving the existing grassy area. The building is zoned C-2-SPD. A negotiable ground lease is available for the vacant lot, with a required lease term of five to ten years. The asking rent is $0.55 per square foot, plus $0.15 NNN. This is a highly motivated seller seeking a long-term tenant. The property's APN is 275-0161-014-0000. Ceiling height is 24 feet. This is a single-tenant property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $920,000
      ML approach
      $865,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $619,000
      Market price range: $448k - $1.51M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.466
    Latitude
    38.6032
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,387
    $159,295
    $637,181
    $796,476
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.21 Acres

      2610 Plover St

      MINI-WAREHOUSE, STORAGE • 0.21 Acres
      2610 Plover St, Sacramento, CA 95815
      View Details
    • Value Estimation
      $3,720,000
      39,159 SF

      1955 Railroad Dr

      WAREHOUSE, STORAGE • 39,159 SF
      1955 Railroad Dr, Sacramento, CA 95815-3560
      View Details
    • Value Estimation
      $6,850,000
      86,898 SF

      1957 Railroad Dr

      WAREHOUSE, STORAGE • 86,898 SF
      1957 Railroad Dr, Sacramento, CA 95815-3563
      View Details
    • Value Estimation
      $4,095,000
      47,849 SF

      1850 Glenrose Ave

      MINI-WAREHOUSE, STORAGE • 47,849 SF
      1850 Glenrose Ave, Sacramento, CA 95815-1921
      View Details
    • Value Estimation
      $1,000,000
      17,857 SF

      2288 Colfax St

      WAREHOUSE, STORAGE • 17,857 SF
      2288 Colfax St, Sacramento, CA 95815-2041
      View Details
    • Value Estimation
      $10,345,000
      85,745 SF

      1324 Arden Way

      MINI-WAREHOUSE, STORAGE • 85,745 SF
      1324 Arden Way, Sacramento, CA 95815-3304
      View Details

    Similar Nearby for Sale

    • $1,000,000
      2,670 SF

      Sacramento Industrial Warehouse For Sale

      2,670 SF industrial warehouse on 0.29 acres in Sacramento.
      777 Arden Way, Sacramento, CA 95815
      View Details
    • Contact for pricing
      1,250 SF

      Sacramento Warehouse with Expansion Potential

      1,250 SF warehouse on 0.52 acres near major highways.
      1525 Del Paso Blvd, Sacramento, CA 95815
      View Details
    • $2,500,000
      19,635 SF

      Sacramento Flex/Industrial Building For Sale

      Flex/industrial building with fenced yard and showroom in Sacramento.
      2445 Albatross Way, Sacramento, CA 95815
      View Details
    • Contact for pricing
      5,280 SF

      Sacramento Warehouse with Yard

      Warehouse with high-end office, showroom finishes, and yard.
      105 Arden Way, Sacramento, CA 95815
      View Details
    • $2,350,000
      17,800 SF

      Sacramento Industrial Building with Yard

      17,800 SF industrial building with large gated concrete yard.
      1113 Del Paso Blvd, Sacramento, CA 95815
      View Details
    • $1,000,050
      5,040 SF

      Sacramento Warehouse Space For Sale

      5,040 SF warehouse available in Sacramento, California.
      1584 Silica Ave, Sacramento, CA 95815
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Sacramento Warehouse with Office Space

      5,000 SF warehouse with office, freeway access, and frontage.
      2660 Albatross Way, Sacramento, CA 95815
      View Details
    • $9 SF/Yr
      46,596 SF

      1800-1832 Tribute Rd

      Distribution properties • 46,596 SF
      1800-1832 Tribute Rd, Sacramento, CA 95815
      View Details
    • Contact for pricing
      35,370 SF

      Sacramento Warehouse Space Available

      Large warehouse, multiple units, ideal for business.
      1767-1791 Tribute Rd, Sacramento, CA 95815
      View Details
    • $9 SF/Yr
      9,748 SF

      Sacramento Warehouse/Flex Space

      9,748 SF Flex Space Available in Sacramento
      241 Lathrop Way, Sacramento, CA 95815
      View Details
    • Contact for pricing
      9,156 SF

      Sacramento Warehouse Space Available

      9,156 sqft warehouse space for lease in Sacramento, CA.
      191 Lathrop Way, Sacramento, CA 95815
      View Details
    • $1,031,910
      6,254 SF

      Sacramento Warehouse with Freeway Access

      Industrial warehouse with ample parking and convenient freeway access.
      2151 Blumenfeld Dr, Sacramento, CA 95815
      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.
    1001 Del Paso Blvd
    Sacramento, CA 95815-3662
    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.