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Property profile & analytics
FOR LEASE
Investment properties
10940 Fair Oaks Blvd Fair Oaks, CA 95628
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2982413
For Lease
1 / 5
$10.80 SF/Yr
10940 Fair Oaks Blvd, Fair Oaks, CA 95628
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Property summary
AI-generated overview
This single-story, 6,026 square foot commercial building at 10940 Fair Oaks Blvd, Fair Oaks, CA 95628, offers multiple flexible spaces ideal for a variety of businesses. Located near the intersection of Sunset Avenue and Fair Oaks Blvd, this property boasts a prime location in a well-established residential area. The building, constructed in 1987, features seven suites, with two currently available, ranging from 992 to 1,482 contiguous square feet. The total vacant space is 2,474 square feet. The property sits on a 37,856 square foot lot and offers ample parking with 43 spaces (4.9 spaces per 1,000 square feet leased). Monument signage is available. Allowed uses include medical/dental offices, salons, and retail/office spaces. The zoning is LC. The APN is 244-0344-013-0000. Virtual tours are available for Suites 200 and 500. This property presents a unique opportunity for businesses seeking a prominent location in a thriving community. The building has no elevators. The cross street is Monte Park Ave.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1987
Construction
WOOD
Total area
9,168 SF
Lot
0.87 ac (37,856 SF)
Zoning code
LC
APN
244-0344-013-0000
UPID
US10-2982413
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
-
Liebe Life Holistic Wellness Gym & Fitness Center Alternative Medicine Practice
-
Bobbi Bagley REALTOR® Real Estate Agency
-
City Lights Beauty Lounge Nail Salon
-
Relationship Therapy Center Marriage Or Relationship Counselor Mental Health Clinic
-
420 Approved Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.64M
CAP Approach
CAP
$1.81M
Comparable Approach
Comparable
$2.12M
Blend (final)
Blend
$1.57M
Owner & transaction history
Dennis D Stroth · 4 yrs held
Dennis D Stroth
since 2021
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
LC · Fair Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+11.5%
Office building
$2.4M
+10.9%
Auto repair, garage
$2.4M
+10.5%
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 Fair Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Oaks 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
$1,625,000
ML approach
$1,635,000
CAP Approach
CAP Return
Estimation
6%
$1,960,000
6.5%
$1,810,000
7%
$1,680,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,140,000
Current use
MEDICAL BUILDING
$2,385,000
Change: +11% · Conversion: Easy
OFFICE BUILDING
$2,375,000
Change: +11% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,365,000
Change: +11% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,915,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±10% · vs last sale $1.36M (Dec 27 2021)
Last sale anchor
$1.36M
Dec 27 2021
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
$171 / 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
$17,503
Tax year 2024
Assessed value
$1,418,940
Assessed 2024
Previous assessed
$1,418,940
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$593,028
Assessed improvement
$825,912
Applied tax rate
54.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1987
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
9,168 SF
Lot
0.87 ac (37,856 SF)
Zoning code
LC
APN
244-0344-013-0000
UPID
US10-2982413
Jurisdiction
SACRAMENTO
Zoning & alternative use
LC · Fair Oaks, CA
Zoning LC · permitted uses
LC · Fair Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fair Oaks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (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
1987
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.87 ac
Current owner
From public records · entity-resolved
Dennis D Stroth
Individual
Mailing address
4172 HENSLEY CIR, EL DORADO HILLS, CA 95762-4276
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2021
$1,364,000
Dennis D Stroth
Ethan Conrad
Grant Deed
—
Apr 22, 2015
$675,000
Ethan Conrad
10940 Fair Oaks Blvd 100520434
Grant Deed
—
Dec 19, 2014
$750,000
10940 Fair Oaks Blvd-10052043
Fidelity National Title Co|volen Properties 7 LLC
Trustees Deed
related
—
Dec 19, 2006
—
Volen Properties 7 LLC
David Mark Schreibman
Grant Deed
$860,000 · Washington Mutual Bank
Apr 5, 2004
—
Schreibman,tr
Schreibman,david M & Carolee F
Quit Claim Deed
related
—
Mar 31, 2003
$1,053,000
David M Schreibman
Giglli,donald J
Grant Deed
$737,000 · Affinity Bank
Jun 21, 1999
$930,000
Donald J Gigli
Rugen Family General Ptshp
Grant Deed
$372,000 · Wells Fargo Bank
—
—
Ethan Conrad
—
Deed Of Trust
related
$5,019,000 · Tri Counties Bank
—
—
Ruth W Rugen
—
Deed Of Trust
related
$500,000 · Placer Savings & Loan
—
—
Rugen Family Gp
—
Deed Of Trust
related
$500,000 · American River 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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