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Property profile & analytics
OFF-MARKET
Estimated value
$3,715,000
Distribution centers
1224 Market Blvd Sacramento, CA 95834-1906
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1028617
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2004
Construction
TILT-UP CONCRETE
Total area
40,600 SF
Lot
3.15 ac (137,214 SF)
Zoning code
MP
APN
225-0943-031-0000
UPID
US09-1028617
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
-
Gateway Fellowship Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.80M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.72M
Owner & transaction history
Davies-torrance Trust · 5 yrs held
Davies-torrance Trust
since 2020
7 recorded transactions
Zoning & alternative use
MP · Sacramento, CA
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,195,000
6.5%
$4,795,000
7%
$4,455,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,780,000
Current use
Blend value · Realmo final
$3.72M
Range $3.34M – $4.09M · ±10%
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
$92 / 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
$6,183
Tax year 2024
Assessed value
$5,131,382
Assessed 2024
Previous assessed
$5,131,382
+0.0% YoY
Effective rate
0.12%
On assessed value
Assessed land
$612,417
Assessed improvement
$4,518,965
Applied tax rate
83.0000
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
Off-Market
Year built
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
40,600 SF
Lot
3.15 ac (137,214 SF)
Zoning code
MP
APN
225-0943-031-0000
UPID
US09-1028617
Jurisdiction
SACRAMENTO
Zoning & alternative use
MP · Sacramento, CAZoning MP · permitted uses
MP · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning | City of Sacramento
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.8M
WAREHOUSE, STORAGE Current
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
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
3.15 ac
Current owner
From public records · entity-resolved
Davies-torrance Trust
Trust
Mailing address
100 PERSHING DR, OAKLAND, CA 94611-3233
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2020
—
Davies-torrance Trust
Davies-torrance Trust
Correction Deed
related
$1,800,000 · Us Bk
Jul 14, 2020
—
Davies-torrance Trust
Davies C D & Torrance Trust
Quit Claim Deed
related
—
Jul 31, 2017
$4,600,000
C J David Davies
Tov Day LLC
Grant Deed
$1,800,000 · Us Bk
Nov 1, 2016
—
Tov Day LLC
—
Deed
related
$3,500,000 · Bank Of The West
May 20, 2016
—
Tov Day LLC
—
Deed
related
$4,000,000 · Bank Of The West
Dec 7, 2010
—
Tov Day LLC
Tov Day LLC
Quit Claim Deed
related
—
Dec 7, 2010
$535,000
Tov Day LLC
Meyer Crest Ltd
Grant Deed
—
Dec 10, 2009
—
Tov Day LLC
Tov Day LLC
Quit Claim Deed
—
Apr 5, 2005
—
Meyer Diana R Trust
Silberman D M Trust 2
Grant Deed
$4,000,000 · Bank Of The West
Dec 21, 2004
$4,354,000
Silberman Diana M Trust 2
Crmx-99
Grant Deed
—
Feb 1, 2001
—
Mayer Motels Ltd
—
Deed Of Trust
related
$2,536,110 · Wells Fargo Bank
Nov 7, 2000
—
Meyer Motels Ltd
Cf North Market Partners LP
Grant Deed
related
—
May 11, 1999
—
Cf North Market Partners LP
Pick Trust
Deed Of Trust
related
$9,875,000 · Fremont Investment & Loan
—
—
Tov Day LLC
—
Loan Modification
related
$3,500,000 · Bank Of The West
—
—
Tov Day LLC
—
Loan Modification
related
$4,000,000 · Bank Of The West
—
—
Cf North Market Partners LP
—
Deed Of Trust
related
$900,000 · Fremont Investment & Loan
—
—
Davies-torrance Trust
—
Loan Modification
related
$1,800,000 · Us Bk
—
—
Northgate Investment Co
—
Deed Of Trust
related
$205,000 · Individual
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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