Back to Search
Property profile & analytics
FOR LEASE
Medical Office Space
1315 Alhambra Blvd Sacramento, CA 95816
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2489753
For Lease
$3,000,000
1315 Alhambra Blvd, Sacramento, CA 95816
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
STEEL FRAME
Total area
31,376 SF
Lot
0.62 ac (27,213 SF)
Zoning code
C-2-SPD
APN
007-0214-007-0000
UPID
US09-2489753
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
-
Liver Disease Management & Transplant Services: Sutter Pacific Med Foundation Medical Clinic
-
Endodontic Specialty Group Dental Office
-
Total Renal Care Inc Medical Clinic
-
DaVita Alhambra Dialysis Center Medical Clinic
-
Capitol Cardiovascular Imaging Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.17M
Blend (final)
Blend
$3.00M
Owner & transaction history
Alhambra Blvd I LLC · 2 yrs held
Alhambra Blvd I LLC
since 2024
Last sale
$3.0M
5 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, 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 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
$3,000,000
ML approach
$3,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.00M
Range $2.70M – $3.30M · ±10% · vs last sale $3.00M (Jun 24 2024)
Last sale anchor
$3.00M
Jun 24 2024
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
$96 / 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
$92,684
Tax year 2024
Assessed value
$7,387,836
Assessed 2024
Previous assessed
$7,387,836
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,767,422
Assessed improvement
$5,620,414
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
For Lease
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
3
Total area
31,376 SF
Lot
0.62 ac (27,213 SF)
Zoning code
C-2-SPD
APN
007-0214-007-0000
UPID
US09-2489753
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-SPD · Sacramento, CA
Zoning C-2-SPD · permitted uses
C-2-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.
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Stories
3
Buildings
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Alhambra Blvd I LLC
Entity
Mailing address
3121 MICHELSON DR STE #500, IRVINE, CA 92612-7673
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2024
$3,000,000
Alhambra Blvd I LLC
Hcp Medical Office Buildings I LLC
Grant Deed
$90,050,000 · Cibc Bank USA
Jun 12, 2015
$6,750,000
Hcp Medical Office Buildings I
Bkorion LLC
Grant Deed
—
Dec 21, 2012
—
William C Kao
Kao,william C & Karen L S
Quit Claim Deed
related
—
Mar 1, 2005
—
Kao William C & Karen L S Tr
1315 Alhambra Associates Ltd
Grant Deed
—
Dec 7, 1999
—
1315 Alhambra Associates Ltd
—
Deed Of Trust
related
$3,870,000 · Cb Richard Ellis Investors Com
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
