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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Warehouses
11355 Folsom Blvd 1 Rancho Cordova, CA 95742-6249
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2522003
Property summary
AI-generated overview
This 3,200-square-foot flex industrial condo is available for sale at $640,000, representing a price per square foot of $200. Located at 11355 Folsom Blvd in Rancho Cordova, CA 95742 (APN 069-0130-019-0015), this vacant property is zoned M-1. The unit boasts desirable features ideal for a variety of businesses, including a dedicated reception area, multiple private offices, and a private restroom. The property's layout offers flexibility and functionality, making it suitable for a range of industrial and office uses. Its convenient location in Sacramento County provides easy access to major transportation routes and a thriving business community. This is an excellent opportunity to acquire a well-appointed industrial space in a desirable location. The property is currently vacant, allowing for immediate occupancy and customization to meet specific business needs. Serious inquiries are encouraged to explore this promising investment opportunity.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Construction
TILT-UP CONCRETE
Total area
4,800 SF
Zoning code
M-1
APN
069-0130-019-0001
UPID
US09-2522003
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
-
California Custom Coatings Construction Company General Contractor
-
Piranha Embroidery & Screen Printing Factory Production Facility
-
InContext Association / Organization
-
Grapevine Apparel And Promotion Production Facility Textile Manufacturer
-
Vanishing Inc. Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$565k
Comparable Approach
Comparable
$496k
Blend (final)
Blend
$590k
Owner & transaction history
Lona M Kellison · 7 yrs held
Lona M Kellison
since 2018
4 recorded transactions
Zoning & alternative use
M-1 · 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%
$615,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$805,000
Current use
OFFICE BUILDING
$690,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$123 / 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
$8,844
Tax year 2024
Assessed value
$697,743
Assessed 2024
Previous assessed
$697,743
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$98,427
Assessed improvement
$599,316
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
4,800 SF
Zoning code
M-1
APN
069-0130-019-0001
UPID
US09-2522003
Jurisdiction
SACRAMENTO
Zoning & alternative use
M-1 · Rancho Cordova, CA
Zoning M-1 · permitted uses
M-1 · 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
$805,000
OFFICE BUILDING
Est. value
$690,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Current owner
From public records · entity-resolved
Lona M Kellison
Individual
Mailing address
11100 LORENSON RD, AUBURN, CA 95602-7516
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2018
$638,000
Lona M Kellison
Trinity Construction & Dev INC
Grant Deed
$475,000 · Wells Fargo Bk
Dec 5, 2016
$436,000
Trinity Construction And Developmen
Fjm Nimbus Associates LLC
Grant Deed
$374,000 · First Community Bank
Sep 29, 2011
$1,300,000
Fjm Nimbus Associates LLC
Nimbus LLC
Grant Deed
—
Mar 15, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
$3,400,000 · Western Sierra National 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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