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Property profile & analytics
OFF-MARKET
Estimated value
$2,980,000
Community centers
11009 Olson Dr Rancho Cordova, CA 95670-5647
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3333664
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1982
Construction
TILT-UP CONCRETE
Total area
19,924 SF
Lot
2.02 ac (87,991 SF)
Zoning code
CMU (FBSP)
APN
072-0280-023-0000
UPID
US09-3333664
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
-
Pizzatwist Restaurant
-
Kpop Nation Sacramento Media Distribution (Bike/Boat/Book/etc) Store
-
85°C Bakery Cafe - Rancho Cordova Bakery Specialty Food Shop
-
Aroy Thai Express Restaurant
-
K-Beauty Medical Clinic Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.90M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.98M
Owner & transaction history
Koreana Dev Associates LLC · 14 yrs held
Koreana Dev Associates LLC
since 2011
6 recorded transactions
Zoning & alternative use
CMU (FBSP) · Rancho Cordova, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to designate property for vibrant commercial and mixed-use development. While a predominantly commercial district, the CMU category is designed to provide for the integration of retail and service commercial uses with office and/or residential uses. In multiple-story buildings, retail uses are the predominant use on the ground floor
Zone name
Commercial Mixed Use Folsom Boulevard Specific Plan
General category
MIXED_USE
Zone area
255.07 ac
Source
Realmo
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 Rancho Cordova submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rancho Cordova 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%
$4,225,000
6.5%
$3,900,000
7%
$3,620,000
Blend value · Realmo final
$2.98M
Range $2.68M – $3.28M · ±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
$150 / 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
$51,091
Tax year 2024
Assessed value
$4,340,779
Assessed 2024
Previous assessed
$4,340,779
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$652,654
Assessed improvement
$3,688,125
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
19,924 SF
Lot
2.02 ac (87,991 SF)
Zoning code
CMU (FBSP)
APN
072-0280-023-0000
UPID
US09-3333664
Jurisdiction
SACRAMENTO
Zoning & alternative use
CMU (FBSP) · Rancho Cordova, CAZoning CMU (FBSP) · permitted uses
CMU (FBSP) · Rancho Cordova, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to designate property for vibrant commercial and mixed-use development. While a predominantly commercial district, the CMU category is designed to provide for the integration of retail and service commercial uses with office and/or residential uses. In multiple-story buildings, retail uses are the predominant use on the ground floor
Zone name
Commercial Mixed Use Folsom Boulevard Specific Plan
General category
MIXED_USE
Zone area
255.07 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.02 ac
Current owner
From public records · entity-resolved
Koreana Dev Associates LLC
Entity
Mailing address
2370 TELEGRAPH AVE, OAKLAND, CA 94612-2421
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2022
—
Koreana Development Associates LLC
—
Deed
related
$9,269,000 · Bbcn Bank
Nov 8, 2011
—
Koreana Dev Associates LLC
—
Deed Of Trust
related
$3,000,000 · Nara Bank
Sep 20, 2011
$11,737,500
Koreana Dev Associates LLC
Patterson Family Trust
Grant Deed
$9,269,000 · Nara Bank
Dec 15, 2000
—
Patterson Trust
—
Deed Of Trust
related
$4,000,060 · Western Sierra National Bank
Mar 15, 1995
$1,535,000
Chemical Bank Trustee
Alda Zinfandel Associates
Trustees Deed
related
—
—
—
Zinfandel A Alda
—
Deed Of Trust
related
$3,120,000 · Imperial Federal Savings Assn
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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