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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Office Spaces
1223 High St Auburn, CA 95603-5017
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-9101361
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1986
Construction
WOOD
Total area
4,702 SF
Lot
0.32 ac (14,149 SF)
Zoning code
R3
APN
004-062-041-000
UPID
US09-9101361
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
-
Gold Hills Executive Office Business Service Center Corporate Office
-
Active Today Structural Integration Alternative Medicine Practice Spa & Massage Center
-
Lynch Law Law Firm
-
Dr. Kathryn Ekemo Physician Medical Clinic
-
Yamasaki Landscape Architecture Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$695k
Blend (final)
Blend
$680k
Owner & transaction history
David A Hammer JR · 2 yrs held
David A Hammer JR
since 2023
Last sale
$662,500
7 recorded transactions
Zoning & alternative use
R3 · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$700,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,095,000
Current use
MEDICAL BUILDING
$1,080,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $663k (Aug 17 2023)
Last sale anchor
$663k
Aug 17 2023
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
$145 / 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
$8,872
Tax year 2024
Assessed value
$768,883
Assessed 2024
Previous assessed
$768,883
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$290,145
Assessed improvement
$478,738
Applied tax rate
1.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Units
2
Bathrooms
3
Total area
4,702 SF
Lot
0.32 ac (14,149 SF)
Zoning code
R3
APN
004-062-041-000
UPID
US09-9101361
Jurisdiction
PLACER
Zoning & alternative use
R3 · Auburn, CA
Zoning R3 · permitted uses
R3 · Auburn, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
MEDICAL 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
1986
Construction
WOOD
Heating
NONE
Units
2
Bathrooms
3
Lot
0.32 ac
Current owner
From public records · entity-resolved
David A Hammer JR
Individual
Mailing address
4115 EAGLES NEST, AUBURN, CA 95603-5923
Ownership since
2023
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 17, 2023
—
David A Hammer JR
David A Hammer JR
Intrafamily Transfer
related
—
Aug 6, 2020
—
Hammer David JR.
Hammer David A 1998 Trust
Quit Claim Deed
related
—
Mar 31, 2016
$662,500
Hammer,david A 1998 Trust
Ambrosia Jeff & B Trust
Grant Deed
—
Jun 24, 2008
—
Ambrosia Jeff & Brandee Trust
Ambrosia,jeffrey M & Brandee L
Quit Claim Deed
related
—
Jul 28, 2004
$780,000
Jeffrey M Ambrosia
Jozefowicz,tr
Grant Deed
$702,000 · Auburn Community Bank
Nov 1, 2000
$550,000
Jozefowicz Trust
Fitzpatrick,gary
Grant Deed
—
Jan 3, 1996
—
Mclain Trust
Mclain,randy J
Quit Claim Deed
related
—
—
—
Jeffrey M Ambrosia
—
Deed Of Trust
related
$323,000 · Edf Resource Capital INC
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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