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Property profile & analytics
OFF-MARKET
Estimated value
$20,445,000
Office buildings
11050 Olson Dr Rancho Cordova, CA 95670-5600
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3021842
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1985
Construction
TILT-UP CONCRETE
Total area
96,831 SF
Lot
7.42 ac (323,215 SF)
Zoning code
OIMU (FBSP
APN
072-0280-031-0000
UPID
US09-3021842
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
-
Design Tech High School - Rancho Cordova High School
-
Alla & Nestor Car Accident Lawyers Network of Rancho Cordova Law Firm
-
Maximus Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.85M
Comparable Approach
Comparable
$16.02M
Blend (final)
Blend
$20.45M
Owner & transaction history
Nome Investments LLC · 6 yrs held
Nome Investments LLC
since 2020
Last sale
$20.5M
6 recorded transactions
Zoning & alternative use
OIMU (FBSP · Rancho Cordova, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$27.7M
+88.5%
Medical building
$25.2M
+71.4%
Auto repair, garage
$25.0M
+70.0%
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%
$26,920,000
6.5%
$24,850,000
7%
$23,075,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,710,000
Current use
APARTMENT HOUSE (5+ UNITS)
$27,735,000
Change: +89% · Conversion: Easy
MEDICAL BUILDING
$25,210,000
Change: +71% · Conversion: Easy
AUTO REPAIR, GARAGE
$25,000,000
Change: +70% · Conversion: Difficult
COMMERCIAL (GENERAL)
$22,620,000
Change: +54% · Conversion: Easy
RETAIL STORES
$22,275,000
Change: +51% · Conversion: Moderate
Blend value · Realmo final
$20.45M
Range $18.40M – $22.49M · ±10% · vs last sale $20.45M (May 13 2020)
Last sale anchor
$20.45M
May 13 2020
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
$211 / 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
$181,868
Tax year 2024
Assessed value
$15,311,042
Assessed 2024
Previous assessed
$15,311,042
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$3,109,384
Assessed improvement
$12,201,658
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
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
96,831 SF
Lot
7.42 ac (323,215 SF)
Zoning code
OIMU (FBSP
APN
072-0280-031-0000
UPID
US09-3021842
Jurisdiction
SACRAMENTO
Zoning & alternative use
OIMU (FBSP · Rancho Cordova, CA
Zoning OIMU (FBSP · permitted uses
OIMU (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
OFFICE BUILDING Current
Est. value
$14.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$27.7M
MEDICAL BUILDING
Est. value
$25.2M
AUTO REPAIR, GARAGE
Est. value
$25.0M
COMMERCIAL (GENERAL)
Est. value
$22.6M
RETAIL STORES
Est. value
$22.3M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
7.42 ac
Current owner
From public records · entity-resolved
Nome Investments LLC
Entity
Mailing address
3005 DOUGLAS BLVD STE #130, ROSEVILLE, CA 95661-3886
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
May 13, 2020
$20,450,000
Nome Investments LLC
Zinfandel Office LLC
Grant Deed
$14,310,000 · Wells Fargo Bk
Dec 19, 2016
—
Zinfandel Office LLC
—
Deed
related
$13,600,000 · Traders Trust Company
Sep 30, 2014
—
Zinfandel Office LLC
Zinfandel Plaza
Grant Deed
$12,900,000 · Wells Fargo Bank NA
Jun 5, 1995
—
Zinfandel Plaza
Zinfandel Plaza
Quit Claim Deed
related
—
Dec 8, 1989
—
Inv C Sacramento
Sacramento Inv C
Quit Claim Deed
related
$7,500,000 · Sma Life Assurna
—
—
Zinfandel Plaza
—
Deed Of Trust
related
$7,500,000 · Wells Fargo 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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