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Property profile & analytics
FOR LEASE
Medical Office Space
1201 Alhambra Blvd Sacramento, CA 95816
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2911199
For Lease
1 / 2
$45,555,000
1201 Alhambra Blvd, Sacramento, CA 95816
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Construction
CONCRETE
Total area
91,185 SF
Lot
1.37 ac (59,677 SF)
Zoning code
C-2-SPD
APN
007-0183-008-0000
UPID
US09-2911199
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
-
Dr. Nicole Calvillo, MD Pediatrician Physician
-
Doctor Paybandi Hospital
-
Alhambra Medical Office Medical Clinic
-
Fields Greg I Physician Medical Clinic
-
Gabriel J. Belsky, D.O. Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$45.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$31.10M
Blend (final)
Blend
$45.56M
Owner & transaction history
Sacramento1201 Mp Wrk7 LLC
Sacramento1201 Mp Wrk7 LLC
since 2025
Last sale
$45.6M
7 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$45.0M
+93.6%
Apartment house (5+ units)
$31.3M
+34.6%
Neighborhood: shopping center
$28.6M
+23.2%
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
$45,555,000
ML approach
$45,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$44,955,000
Change: +94% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$31,260,000
Change: +35% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$28,605,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$45.56M
Range $41.00M – $50.11M · ±10% · vs last sale $45.56M (Jun 21 2024)
Last sale anchor
$45.56M
Jun 21 2024
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
$500 / 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
$432,386
Tax year 2024
Assessed value
$36,000,000
Assessed 2024
Previous assessed
$36,000,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$5,000,000
Assessed improvement
$31,000,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1990
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
4
Total area
91,185 SF
Lot
1.37 ac (59,677 SF)
Zoning code
C-2-SPD
APN
007-0183-008-0000
UPID
US09-2911199
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-SPD · Sacramento, CA
Zoning C-2-SPD · permitted uses
C-2-SPD · 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
RESTAURANT
Est. value
$45.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$31.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$28.6M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
1990
Construction
CONCRETE
Heating
NONE
Stories
4
Buildings
2
Lot
1.37 ac
Current owner
From public records · entity-resolved
Sacramento1201 Mp Wrk7 LLC
Entity
Mailing address
4500 DOFF ST STE #250, TOLEDO, OH 43615
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
—
Sacramento1201 Mp Wrk7 LLC
Epc 1201 Alhambra LLC
Grant Deed
$360,281,750 · Capital One NA
Jun 21, 2024
$45,555,000
Epc 1201 Alhambra LLC
Hart Alhambra LLC
Grant Deed
—
Oct 4, 2011
$21,249,000
Hart Alhambra LLC
Alhambra Medical Office
Grant Deed
—
Dec 18, 2008
—
Alhambra Medical Office Bldg
Tsakopoulos,angelo K
Grant Deed
—
Apr 30, 1999
$1,685,000
Tsakopoulos,angelo K
Alhambra-l Development
Trustees Deed
—
Apr 30, 1999
—
Angelo K Tsakopoulos
Tsakopoulos,sofia L
Quit Claim Deed
related
—
Apr 30, 1999
$302,500
Tsakopoulos,angelo K
Exchange Intermediary INC
Trustees Deed
—
Sep 1, 1998
$3,446,000
Tsakopoulos,angelo K
Allpro INC
Trustees Deed
—
Sep 1, 1998
—
Angelo K Tsakopoulos
Tsakopoulos,sofia L
Quit Claim Deed
related
—
Aug 28, 1998
—
Alhambra-l Development
Alhambra Medical Buildings Bla
Quit Claim Deed
related
—
Jan 8, 1998
—
Alhambra Medical Building Plaz
—
Deed Of Trust
related
$13,000,000 · Bank Of The West
—
—
Alhambra Medical Office
—
Deed Of Trust
related
$21,908,745 · Bankers Life & Casualty Co
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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