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Property profile & analytics
OFF-MARKET
Estimated value
$9,020,000
Apartment buildings
1212 Bidwell St Folsom, CA 95630-3242
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2349834
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
WOOD
Total area
17,280 SF
Lot
1.39 ac (60,548 SF)
Zoning code
R-4
APN
070-0191-002-0000
UPID
US09-2349834
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
-
1212 Bidwell Apartment Homes Real Estate Agency
-
The Cottages Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.68M
Blend (final)
Blend
$9.02M
Owner & transaction history
Pearl Investment Co LLC · 6 yrs held
Pearl Investment Co LLC
since 2020
Last sale
$9.9M
7 recorded transactions
Zoning & alternative use
R-4 · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$12.6M
+155.3%
Restaurant
$8.1M
+64.2%
Office building
$5.8M
+16.3%
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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$12,635,000
Change: +155% · Conversion: Difficult
RESTAURANT
$8,130,000
Change: +64% · Conversion: Difficult
OFFICE BUILDING
$5,760,000
Change: +16% · Conversion: Moderate
RETAIL STORES
$5,570,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$9.02M
Range $8.12M – $9.92M · ±10% · vs last sale $9.90M (Jan 9 2020)
Last sale anchor
$9.90M
Jan 9 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
$522 / 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
$57,829
Tax year 2024
Assessed value
$5,307,398
Assessed 2024
Previous assessed
$5,307,398
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$750,540
Assessed improvement
$4,556,858
Applied tax rate
4.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
48
Total area
17,280 SF
Lot
1.39 ac (60,548 SF)
Zoning code
R-4
APN
070-0191-002-0000
UPID
US09-2349834
Jurisdiction
SACRAMENTO
Zoning & alternative use
R-4 · Folsom, CA
Zoning R-4 · permitted uses
R-4 · Folsom, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Folsom. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.6M
RESTAURANT
Est. value
$8.1M
OFFICE BUILDING
Est. value
$5.8M
RETAIL STORES
Est. value
$5.6M
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
OFFICE BUILDING
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
1959
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
48
Lot
1.39 ac
Current owner
From public records · entity-resolved
Pearl Investment Co LLC
Entity
Mailing address
931 HARTZ WAY STE #200, DANVILLE, CA 94526-3400
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2020
$9,900,000
Pearl Investment Co LLC
Investments I LP Sandman
Grant Deed
$7,425,000 · Jp Morgan Chase Bk
Nov 22, 2000
—
Mark F Sandorf
Sandorf,mark F
Quit Claim Deed
related
—
Sep 10, 1996
—
Krd Corp
Dodge,chun-mei
Grant Deed
related
—
Oct 26, 1995
$50,000
Chun-mei Dodge
Dodge,chun-mei
Grant Deed
related
—
Jul 26, 1989
$395,000
Chun M Dodge
Deferred Holding
Grant Deed
—
—
—
Chun M Dodge
—
Deed Of Trust
related
$66,000 · Government Funding Ca Bus&ind
—
—
Sandman Investments I LP
—
Deed Of Trust
related
$6,510,000 · Jp Morgan Chase Bk
—
—
Chunmei Dodge
—
Deed Of Trust
related
$50,075 · Staleys Real Est
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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