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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Office buildings
1215 Merkley Ave West Sacramento, CA 95691-2709
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-0191652
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1976
Construction
WOOD
Total area
10,020 SF
Lot
0.46 ac (20,037 SF)
Zoning code
CBD
APN
067-310-033-000
UPID
US09-0191652
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
-
Mcglothlin Enterprises Inc. Adult Day Care
-
Golden Days Adult Day Health Adult Day Care
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.44M
Owner & transaction history
Sts Properties LLC · 10 yrs held
Sts Properties LLC
since 2015
7 recorded transactions
Zoning & alternative use
CBD · West 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 West Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$143 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$18,575
Tax year 2023
Assessed value
$1,319,878
Assessed 2023
Previous assessed
$1,319,878
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$455,130
Assessed improvement
$864,748
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
NONE
Total area
10,020 SF
Lot
0.46 ac (20,037 SF)
Zoning code
CBD
APN
067-310-033-000
UPID
US09-0191652
Jurisdiction
YOLO
Zoning & alternative use
CBD · West Sacramento, CA
Zoning CBD · permitted uses
CBD · West Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Sacramento. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
WOOD
Heating
NONE
Lot
0.46 ac
Current owner
From public records · entity-resolved
Sts Properties LLC
Entity
Mailing address
1215 MERKLEY AVE, WEST SACRAMENTO, CA 95691-2709
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
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
Aug 25, 2015
$1,160,000
Sts Properties LLC
Horizon Capital Investments LLC
Grant Deed
$500,000 · Wells Fargo Bank NA
Oct 31, 2012
—
Shurnas Family Living Trust
Shurnas,john P & Deborah L
Quit Claim Deed
$470,000 · American River Bank
Oct 17, 2008
—
Horizon Capital Invs LLC
Shurnas Living Trust
Quit Claim Deed
related
—
Jun 12, 2006
—
Shurnas Family Trust
Shurnas,john P & Deborah L
Quit Claim Deed
related
—
Jun 27, 2005
$1,350,000
John P Shurnas
2 T E N Corp
Grant Deed
$525,000 · Nvb Business Bank
Jun 23, 2003
—
2 Ten Corp
2 Ten Corp
Quit Claim Deed
related
—
Mar 29, 2002
$375,000
2 Ten Corp
V & C Bb Enterprises INC
Grant Deed
—
—
—
2 T E N Corp
—
Deed Of Trust
related
$650,000 · Blackburne & Brown Mtg Funding
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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