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Property profile & analytics
FOR LEASE
Distribution centers
11395 Folsom Blvd Rancho Cordova, CA 95742
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0057913
For Lease
1 / 2
$5,720,000
11395 Folsom Blvd, Rancho Cordova, CA 95742
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1983
Construction
TILT-UP CONCRETE
Total area
81,792 SF
Lot
5.65 ac (246,114 SF)
Zoning code
M-1
APN
069-0130-018-0000
UPID
US09-0057913
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
-
Airsoft Extreme (Bike/Boat/Book/etc) Store
-
Superbike Showroom Motorcycle Shop
-
Cali Quilt Co (Bike/Boat/Book/etc) Store
-
Kitchen Design Expo Hardware & Home Improvement Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.72M
Owner & transaction history
Ethan Conrad · 12 yrs held
Ethan Conrad
since 2013
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$70 / 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
$46,853
Tax year 2024
Assessed value
$3,617,641
Assessed 2024
Previous assessed
$3,617,641
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,484,953
Assessed improvement
$2,132,688
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
81,792 SF
Lot
5.65 ac (246,114 SF)
Zoning code
M-1
APN
069-0130-018-0000
UPID
US09-0057913
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.
Building & site characteristics
From public records
Year built
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
5.65 ac
Current owner
From public records · entity-resolved
Ethan Conrad
Individual
Mailing address
1300 NATIONAL DR STE #100, SACRAMENTO, CA 95834-1981
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2025
—
Ethan Gregory Conrad
—
Deed
related
$3,800,000 · East West Bank
Feb 20, 2019
—
Ethan Conrad
—
Deed
related
$4,525,000 · East West Bk
Aug 27, 2013
—
Ethan Conrad
11395 Folsom Boulevard LLC
Grant Deed
$11,150,000 · Chinatrust Bank USA
Oct 10, 2012
$2,954,500
11395 Folsom Boulevard LLC
Bradford E P 2008 Trust
Grant Deed
$1,917,500 · Thorofare Asset Based Lndg Fun
Feb 22, 2011
—
Bradford Ellen P 2008 Trust
Bradford,ellen P
Quit Claim Deed
related
—
Jan 26, 2011
—
Jacobs Stephen T 2000 Trust
Bradford,ellen P
Grant Deed
related
—
Feb 18, 2010
—
Bradford Ellen P 2008 Trust
Jacobs S T 2000 Trust
Grant Deed
related
—
Jan 15, 2010
—
Ellen P Bradford
Peabody Bradford LLC
Quit Claim Deed
related
—
Nov 28, 2006
$209,000
Christopher R Steele
Watanabe Sacramento Prop
Grant Deed
related
—
Jun 14, 2005
—
Peabody Bradford LLC
Jacobs S 2000 Trust
Quit Claim Deed
related
—
Jul 21, 2004
—
Watanabe Sacramento Property
Watanabe,tr
Quit Claim Deed
related
—
Apr 9, 2003
—
Steele,tr
Steele,christopher R & Sharon L
Quit Claim Deed
related
—
Oct 19, 1998
—
Sacramento-folsom LLC
Steele,christopher R & Sharon L
Grant Deed
related
—
Oct 28, 1992
$1,072,000
Watanabe Trust
Steele,christoph
Grant Deed
related
—
Sep 8, 1989
$1,605,500
Inv C Sacramento
White Gold Ventu
Grant Deed
related
—
—
—
Ethan Conrad
—
Deed Of Trust
related
$4,525,000 · East West Bk
—
—
Edward M Watanabe Trustee
—
Deed Of Trust
related
$2,100,000 · Great Northern Insured Annuity
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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