Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1225 Morse Ave Sacramento, CA 95864-3834

    • Apartment buildings
    • 52,824 SF
    • 3.77 lot acres
    OFF-MARKET
    Value Estimations
    $8,680,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1890442
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Henson Garden Apartments / Apartment Complex
    • Henson Manor Estates / Retirement Community

    Property Details for 1225 Morse Ave

    Year built
    1973
    Construction
    WOOD
    Lot size
    3.77 lot acres
    Property size
    52,824 SF
    Zone code
    RD-30
    Property type
    Apartment buildings
    APN
    286-0180-031-0000
    APU
    28601800310000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $13,515,000
      MEDICAL BUILDING
      $13,450,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.393
    Latitude
    38.5878
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $84,327
    $2,048,091
    $4,949,556
    $6,997,647
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $47,820,000
      387,136 SF

      258 Selby Rnch Rd

      APARTMENT HOUSE (100+ UNITS) • 387,136 SF
      258 Selby Rnch Rd, Sacramento, CA 95864-5804
      View Details
    • Value Estimation
      $1,875,000
      9,450 SF

      2650 Fair Oaks Blvd

      APARTMENT HOUSE (5+ UNITS) • 9,450 SF
      2650 Fair Oaks Blvd, Sacramento, CA 95864-4959
      View Details
    • Value Estimation
      $6,515,000
      43,149 SF

      4395 Fair Oaks Blvd

      APARTMENT HOUSE (5+ UNITS) • 43,149 SF
      4395 Fair Oaks Blvd, Sacramento, CA 95864-5331
      View Details
    • Value Estimation
      $5,815,000
      3,568 SF

      2634 Lunar Ln

      APARTMENT HOUSE (5+ UNITS) • 3,568 SF
      2634 Lunar Ln, Sacramento, CA 95864-7759
      View Details
    • Value Estimation
      $5,815,000
      3,568 SF

      2604 Lunar Ln

      APARTMENT HOUSE (5+ UNITS) • 3,568 SF
      2604 Lunar Ln, Sacramento, CA 95864-7749
      View Details
    • Value Estimation
      $5,815,000
      3,568 SF

      2600 Lunar Ln

      APARTMENT HOUSE (5+ UNITS) • 3,568 SF
      2600 Lunar Ln, Sacramento, CA 95864-7751
      View Details

    Similar Nearby for Sale

    • $225,000
      0.07 Acres

      Thriving Sacramento Hot Pot Business

      Established Hot Pot Restaurant, High-Growth Area
      2610 Fair Oaks Blvd, Sacramento, CA 95864
      View Details
    • Contact for pricing
      27,585 SF

      Renovated Office Building with Courtyard

      Renovated office building with courtyard, high visibility, and ample parking.
      401 Watt Ave, Sacramento, CA 95864
      View Details
    • Contact for pricing
      3,077 SF

      Renovated Office Condo Near Highway 80

      Renovated office condo in Lincoln Center, delivered vacant.
      3838 Watt Ave, Sacramento, CA 95864
      View Details
    • $3,490,000
      6,855 SF

      VCA Animal Hospital Investment Opportunity

      NNN leased VCA Animal Hospital with over 5 years remaining.
      4636 Fair Oaks Blvd, Sacramento, CA 95864
      View Details
    • Contact for pricing
      5,426 SF

      Sacramento Office Building For Sale

      5,426 SF office building on 5.92-acre lot.
      3445 American River Dr, Sacramento, CA 95864
      View Details
    • $200,000
      3,200 SF

      Own The Ferrari Of Hot Pot Shabu-Shabu or Shabu

      Own The Ferrari Of Hot Pot Shabu-Shabu or Shabu
      2610 Fair Oaks Blvd, Sacramento, CA 95864
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space Near Highway 50

      Office space with easy highway access and underground parking.
      3406 American River Dr, Sacramento, CA 95864
      View Details
    • Contact for pricing

      Sacramento Office Space for Lease

      Full-service office space available for lease in Sacramento.
      3508 Cody Way, Sacramento, CA 95864
      View Details
    • $1.75 SF/Yr
      1,491 SF

      Remodeled Office Space For Rent

      Class B office space with recent remodeling and ample parking.
      3800 Watt Ave, Sacramento, CA 95864
      View Details
    • Contact for pricing
      9,456 SF

      Sacramento Office Space Available

      Office space for rent with highway access and signage.
      3461 Fair Oaks Blvd, Sacramento, CA 95864
      View Details
    • Contact for pricing

      Retail Space on Arden Way

      High-exposure retail space in a bustling Arden Way location.
      4360 Arden Way, Sacramento, CA 95864
      View Details
    • $2 SF/Yr
      1,991 SF

      Sacramento Office Space For Rent

      1991 square foot office space available for rent.
      3600 American River Dr, Sacramento, CA 95864
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1225 Morse Ave
    Sacramento, CA 95864-3834
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!