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Property profile & analytics
OFF-MARKET
Estimated value
$7,675,000
Warehouses
11033 Folsom Blvd Rancho Cordova, CA 95670-6101
Entity Owned
9-yr Hold
Free & Clear
Property ID
US09-2454679
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1979
Construction
TILT-UP CONCRETE
Total area
73,480 SF
Lot
4.44 ac (193,406 SF)
Zoning code
CMU (FBSP)
APN
058-0280-010-0000
UPID
US09-2454679
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
-
iStorage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.77M
Comparable Approach
Comparable
$4.72M
Blend (final)
Blend
$7.68M
Owner & transaction history
Istorage Jv Rancho Cordova LLC · 9 yrs held
Istorage Jv Rancho Cordova LLC
since 2017
7 recorded transactions
Zoning & alternative use
CMU (FBSP) · Rancho Cordova, 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 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%
$10,580,000
6.5%
$9,765,000
7%
$9,070,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$12,120,000
Current use
Blend value · Realmo final
$7.68M
Range $6.91M – $8.44M · ±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
$104 / 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
$111,493
Tax year 2024
Assessed value
$9,557,763
Assessed 2024
Previous assessed
$9,557,763
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,763,634
Assessed improvement
$7,794,129
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
73,480 SF
Lot
4.44 ac (193,406 SF)
Zoning code
CMU (FBSP)
APN
058-0280-010-0000
UPID
US09-2454679
Jurisdiction
SACRAMENTO
Zoning & alternative use
CMU (FBSP) · Rancho Cordova, CA
Zoning 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
Rancho Cordova. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$12.1M
WAREHOUSE, STORAGE Current
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
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
4.44 ac
Current owner
From public records · entity-resolved
Istorage Jv Rancho Cordova LLC
Entity
Free & Clear · 9 yrs held
Mailing address
8400 E PO BOX 320099TH AVE, ALEXANDRIA, VA 22320-4099
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2020
—
Istorage Jv Rancho Cordova LLC
—
Deed
related
$37,238,000 · Miscellaneous Ins Co
Dec 17, 2019
—
Istorage Jv Rancho Cordova LLC
—
Deed
related
$42,000,000 · Miscellaneous Ins Co
May 1, 2017
$8,400,000
Istorage Jv Rancho Cordova LLC
Mogan Diane 1986 Trust
Grant Deed
—
Jul 1, 2010
—
City Of Rancho Cordova
Dickenson Trust
Grant Deed
—
Nov 22, 2006
—
Record Owner
Dickenson Trust
Grant Deed
related
—
Oct 18, 2006
—
Record Owner
Dickenson Trust
Grant Deed
related
—
May 26, 2004
—
Dickensen,tr
Dickensen,denny D & Denise D
Quit Claim Deed
related
—
May 24, 2004
—
Denny D Dickenson
Denny D Dickenson LLC
Quit Claim Deed
related
—
Nov 7, 2002
—
Mogan Mobile Americana LLC
Morgan,tr
Grant Deed
related
—
Jul 25, 2002
—
Denny D Dickenson
Dickenson Trust
Quit Claim Deed
related
—
Apr 4, 2002
—
Dickenson Trust
Moblie American
Grant Deed
related
—
—
—
Istorage Jv Rancho Cordova LLC
—
Deed Of Trust
related
$4,762,000 · Miscellaneous Ins Co
—
—
Istorage Jv Rancho Cordova LLC
—
Deed Of Trust
related
$42,000,000 · Miscellaneous Ins Co
—
—
Istorage Jv Rancho Cordova LLC
—
Loan Modification
related
$37,238,000 · Miscellaneous Ins Co
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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