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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Community centers
1300 Covell Blvd Davis, CA 95616-1300
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-0056026
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Total area
7,160 SF
Lot
0.8 ac (34,848 SF)
Zoning code
P-D
APN
070-440-007-000
UPID
US09-0056026
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
-
Cenario's Pizza of Davis Restaurant
-
Subway Take-out & Catering
-
Pink Dozen Donuts Bakery Discount Store
-
The Hut (Bike/Boat/Book/etc) Store
-
Supercuts Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$547k
Blend (final)
Blend
$550k
Owner & transaction history
Sjt Property I LLC · 7 yrs held
Sjt Property I LLC
since 2018
7 recorded transactions
Zoning & alternative use
P-D · Davis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$880,000
+134.4%
Industrial (general)
$800,000
+113.3%
Retail stores
$550,000
+46.1%
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 Davis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davis 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
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$375,000
Current use
MEDICAL BUILDING
$880,000
Change: +134% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$800,000
Change: +113% · Conversion: Difficult
RETAIL STORES
$550,000
Change: +46% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$77 / 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
$37,699
Tax year 2023
Assessed value
$3,216,604
Assessed 2023
Previous assessed
$3,216,604
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$750,540
Assessed improvement
$2,466,064
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1988
Heating
NONE
Total area
7,160 SF
Lot
0.8 ac (34,848 SF)
Zoning code
P-D
APN
070-440-007-000
UPID
US09-0056026
Jurisdiction
YOLO
Zoning & alternative use
P-D · Davis, CAZoning P-D · permitted uses
P-D · Davis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$375,000
MEDICAL BUILDING
Est. value
$880,000
INDUSTRIAL (GENERAL)
Est. value
$800,000
RETAIL STORES
Est. value
$550,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
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
Heating
NONE
Lot
0.8 ac
Current owner
From public records · entity-resolved
Sjt Property I LLC
Entity
Mailing address
1552 VANCOUVER AVE, BURLINGAME, CA 94010-5538
Ownership since
2018
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
Nov 21, 2018
$3,000,000
Sjt Property I LLC
18 Fists LLC
Grant Deed
$1,950,000 · City National Bank
Sep 22, 2017
—
Tarpening,louise Trust
Tarpening,louise D
Quit Claim Deed
related
—
Oct 7, 2005
$1,967,000
18 Fists LLC
Hsu Family Trust
Grant Deed
$1,400,000 · Sonoma National Bank
Jul 28, 2003
—
Hsu,tr
Hsu,alex W & Diana L
Quit Claim Deed
related
—
Aug 16, 2002
$1,050,000
Alex W Hsu
Youngman,tr
Grant Deed
$650,000 · National American Bank
Dec 26, 1989
$650,000
Youngman,arn K &
Nichols,stephen
Trustees Deed
—
Dec 26, 1989
—
Stephen Nichols
Sdc Dev Ltd
Quit Claim Deed
related
—
—
—
Alex W Hsu
—
Deed Of Trust
related
$640,000 · East West Investment 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.
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