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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Medical Office Space
1273 32nd St Sacramento, CA 95816-5209
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3212355
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Construction
WOOD
Total area
3,760 SF
Lot
0.27 ac (11,761 SF)
Zoning code
C-1-R-SPD
APN
007-0191-016-0000
UPID
US09-3212355
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
-
East Sac Dental Dental Office
-
Phillips Paul S DDS Dental Office
-
Dunn Barry R DDS Dental Office
-
Penney Patrick A DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$810k
Owner & transaction history
Cummings & Mcgrew Living Trust · 6 yrs held
Cummings & Mcgrew Living Trust
since 2019
3 recorded transactions
Zoning & alternative use
C-1-R-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+23.2%
Office building
$1.1M
+12.7%
Commercial (general)
$990,000
+3.5%
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%
$965,000
6.5%
$890,000
7%
$825,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$955,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,180,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$1,080,000
Change: +13% · Conversion: Easy
COMMERCIAL (GENERAL)
$990,000
Change: +4% · Conversion: Easy
RETAIL STORES
$975,000
Change: +2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$960,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$810k
Range $729k – $891k · ±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
$215 / 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
$16,478
Tax year 2024
Assessed value
$1,368,838
Assessed 2024
Previous assessed
$1,368,838
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$153,109
Assessed improvement
$1,215,729
Applied tax rate
3.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Rooms
6
Bathrooms
1
Total area
3,760 SF
Lot
0.27 ac (11,761 SF)
Zoning code
C-1-R-SPD
APN
007-0191-016-0000
UPID
US09-3212355
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-1-R-SPD · Sacramento, CA
Zoning C-1-R-SPD · permitted uses
C-1-R-SPD · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$955,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$990,000
RETAIL STORES
Est. value
$975,000
AUTO REPAIR, GARAGE
Est. value
$960,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1988
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Bathrooms
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Cummings & Mcgrew Living Trust
Trust
Mailing address
3094 SOUTHCREEK DR, LINCOLN, CA 95648-8286
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2019
—
Cummings & Mcgrew Living Trust
William E Cummings
Affidavit Of Death
related
—
Jan 6, 1988
—
Earl/cu Cummings
Mcgre
Grant Deed
related
—
—
—
Timothy J Bresnehan
—
Deed Of Trust
related
$17,000 · Golden 1 Cu
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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