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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Apartment buildings
106 5th St Galt, CA 95632-1527
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2822364
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1936
Construction
WOOD
Total area
4,728 SF
Lot
0.38 ac (16,675 SF)
Zoning code
R3
APN
150-0185-022-0000
UPID
US09-2822364
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
$1.26M
CAP Approach
CAP
$970k
Comparable Approach
Comparable
$992k
Blend (final)
Blend
$1.12M
Owner & transaction history
Jarnail Singh · 2 yrs held
Jarnail Singh
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
R3 · Galt, 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 Galt submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Galt 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
$1,065,000
ML approach
$1,260,000
CAP Approach
CAP Return
Estimation
6%
$1,050,000
6.5%
$970,000
7%
$900,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,355,000
Current use
MEDICAL BUILDING
$1,230,000
Change: -9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,220,000
Change: -10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,105,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10% · vs last sale $1.20M (Aug 25 2023)
Last sale anchor
$1.20M
Aug 25 2023
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
$236 / 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
$13,470
Tax year 2024
Assessed value
$1,200,000
Assessed 2024
Previous assessed
$1,200,000
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$200,000
Assessed improvement
$1,000,000
Applied tax rate
5.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1936
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
8
Total area
4,728 SF
Lot
0.38 ac (16,675 SF)
Zoning code
R3
APN
150-0185-022-0000
UPID
US09-2822364
Jurisdiction
SACRAMENTO
Zoning & alternative use
R3 · Galt, CA
Zoning R3 · permitted uses
R3 · Galt, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Galt. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1936
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
8
Lot
0.38 ac
Current owner
From public records · entity-resolved
Jarnail Singh
Individual
Free & Clear · 2 yrs held
Mailing address
9927 WAIMEA LN, ELK GROVE, CA 95624-5006
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2023
$1,200,000
Jarnail Singh
Paradise Apartments INC
Grant Deed
—
Nov 9, 2020
—
Paradise Apartments INC
Abraham T Cabrera
Quit Claim Deed
related
$513,000 · Farmers & Merchants Bk/ctrl Ca
Jan 17, 2020
$815,000
Abraham T Cabrera
Smith W L & P R 1999 F/tr
Grant Deed
$513,000 · Farmers & Merchants Bk/ctrl Ca
Jan 17, 2020
—
Abraham T Cabrera
Araceli M Aviles
Quit Claim Deed
related
—
May 22, 2019
—
Smith,w L & P R 1999 F & Trust
Smith,peggy R
Affidavit Of Death
related
—
Aug 23, 1999
—
Smith Trust
Smith,wayne L & Peggy R
Quit Claim Deed
related
—
—
—
Paradise Apartments INC
—
Loan Modification
related
$513,000 · Farmers & Merchants Bk/ctrl Ca
—
—
Wayne L Smith
—
Deed Of Trust
related
$11,500 · Individual
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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