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Property profile & analytics
FOR LEASE
Office buildings
11040 White Rock Rd Rancho Cordova, CA 95670
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1547654
For Lease
1 / 3
$35,765,000
11040 White Rock Rd, Rancho Cordova, CA 95670
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1984
Construction
TILT-UP CONCRETE
Total area
323,088 SF
Lot
19.69 ac (857,696 SF)
Zoning code
OPMU
APN
072-0650-005-0000
UPID
US09-1547654
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
-
American Driving Records Inc (Bike/Boat/Book/etc) Store Corporate Office
-
FedEx Drop Box Postal Service Courier Service
-
Ulteig Engineering Consultant Civil Engineering Company
-
UPS Drop Box Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$43.92M
Blend (final)
Blend
$35.77M
Owner & transaction history
Karlin Cap Center LLC · 9 yrs held
Karlin Cap Center LLC
since 2017
7 recorded transactions
Zoning & alternative use
OPMU · 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$49,085,000
Current use
Blend value · Realmo final
$35.77M
Range $32.19M – $39.34M · ±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
$111 / 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
$494,875
Tax year 2024
Assessed value
$41,975,710
Assessed 2024
Previous assessed
$41,975,710
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$5,966,267
Assessed improvement
$36,009,443
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
323,088 SF
Lot
19.69 ac (857,696 SF)
Zoning code
OPMU
APN
072-0650-005-0000
UPID
US09-1547654
Jurisdiction
SACRAMENTO
Zoning & alternative use
OPMU · Rancho Cordova, CA
Zoning OPMU · permitted uses
OPMU · 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
OFFICE BUILDING Current
Est. value
$49.1M
OFFICE BUILDING 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
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
19.69 ac
Current owner
From public records · entity-resolved
Karlin Cap Center LLC
Entity
Mailing address
11755 WILSHIRE BLVD STE #1400, LOS ANGELES, CA 90025-1519
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2017
—
Karlin Cap Center LLC
Karlin Capital Center LLC
Quit Claim Deed
related
$48,500,000 · Deutsche Bk Ag/ny Branch
Apr 28, 2017
—
Karlin Capital Center LLC
—
Deed
related
$38,044,486 · Wells Fargo Bk
Oct 4, 2011
$9,000,000
Karlin Capital Center LLC
Dl Capital Center LP
Grant Deed
—
Jul 7, 2006
—
Dl Capital Center LP
Owner Name Unavailable
Grant Deed
—
Sep 23, 2004
—
Hines Vaf Capital Center
Trizechahn Tbi Sacramento I
Grant Deed
related
—
Sep 28, 1999
—
Trizechahn Tbi Sacramento LLC
—
Deed Of Trust
related
$295,000,000 · Secore Financial Corp
Apr 10, 1998
—
Trizechahn Tbi Sacramento
11000 White Rock LP
Grant Deed
related
—
Aug 25, 1995
$1,408,000
11000 White Rock LP
Capital Center Group
Grant Deed
related
—
May 28, 1993
—
Richmond American Homes Ca INC
—
Grant Deed
related
$2,520,000 · San Francisco Federal S & L
—
—
Karlin Capital Center LLC
—
Loan Modification
related
$38,044,486 · Wells Fargo Bk
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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