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Property profile & analytics
OFF-MARKET
Estimated value
$2,350,000
Distribution centers
1115 Fee Dr Sacramento, CA 95815-3918
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-3110020
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1962
Construction
TILT-UP CONCRETE
Total area
27,792 SF
Lot
1.03 ac (44,866 SF)
Zoning code
M-1
APN
277-0241-027-0000
UPID
US09-3110020
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
-
LEMONNADE SACRAMENTO (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.29M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$2.35M
Owner & transaction history
Golden State Capitol Holdings LLC
Golden State Capitol Holdings LLC
since 2025
7 recorded transactions
Zoning & alternative use
M-1 · Sacramento, 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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento 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%
$3,555,000
6.5%
$3,285,000
7%
$3,050,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,875,000
Current use
Blend value · Realmo final
$2.35M
Range $2.12M – $2.59M · ±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
$85 / 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
$24,193
Tax year 2024
Assessed value
$1,933,827
Assessed 2024
Previous assessed
$1,933,827
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$301,188
Assessed improvement
$1,632,639
Applied tax rate
3.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
27,792 SF
Lot
1.03 ac (44,866 SF)
Zoning code
M-1
APN
277-0241-027-0000
UPID
US09-3110020
Jurisdiction
SACRAMENTO
Zoning & alternative use
M-1 · Sacramento, CA
Zoning M-1 · permitted uses
M-1 · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.9M
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
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.03 ac
Current owner
From public records · entity-resolved
Golden State Capitol Holdings LLC
Entity
Mailing address
701 12TH ST STE #201, SACRAMENTO, CA 95814-1957
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
—
Golden State Capitol Holdings LLC
Joe Karapetyan
Quitclaim Deed
related
—
Jul 29, 2025
—
Garib Karapetyan
Joe Karapetyan
Deed
related
—
Aug 24, 2022
—
Golden State Capital Holdings LLC
—
Deed
related
$20,450,000 · Rainbow Kolas Sacramento LLC
Sep 29, 2017
$1,323,000
Golden St Capitol Holdings LLC
Sactown Hcp LLC
Grant Deed
related
$1,032,000 · Kuhn Holdings LLC
Feb 11, 2016
$1,620,000
Sactown Hcp LLC
Labrie Thomas R Trust
Grant Deed
—
Feb 11, 2016
—
Mark Craviotto
Labrie,thomas R
Affidavit Of Death
related
—
Mar 2, 2010
—
Labrie Thomas R Trust
Labrie,thomas R
Quit Claim Deed
related
—
—
—
Thomas R Labrie
—
Deed Of Trust
related
$333,046 · Wells Fargo Bank
—
—
Thomas R Labrie
—
Deed Of Trust
related
$200,000 · Wells Fargo Bank
—
—
Thomas R Labrie
—
Deed Of Trust
related
$100,000 · Security Pacific National Bank
—
—
Thomas R Labrie
—
Deed Of Trust
related
$240,000 · 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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