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Property profile & analytics
OFF-MARKET
Estimated value
$7,025,000
Warehouses
1351 Vine St Sacramento, CA 95811-0428
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2775912
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1958
Construction
TILT-UP CONCRETE
Total area
60,000 SF
Lot
2.49 ac (108,464 SF)
Zoning code
C-2-SPD
APN
001-0070-023-0000
UPID
US09-2775912
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.07M
CAP Approach
CAP
$7.09M
Comparable Approach
Comparable
$7.79M
Blend (final)
Blend
$7.03M
Owner & transaction history
Neumann Holdings LLC · 1 yrs held
Neumann Holdings LLC
since 2025
Last sale
$6.6M
7 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
$7,020,000
ML approach
$7,070,000
CAP Approach
CAP Return
Estimation
6%
$7,680,000
6.5%
$7,090,000
7%
$6,580,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,160,000
Current use
Blend value · Realmo final
$7.03M
Range $6.32M – $7.73M · ±10% · vs last sale $6.60M (Mar 28 2022)
Last sale anchor
$6.60M
Mar 28 2022
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
$117 / 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
$58,108
Tax year 2024
Assessed value
$4,359,276
Assessed 2024
Previous assessed
$4,359,276
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$2,247,264
Assessed improvement
$2,112,012
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
60,000 SF
Lot
2.49 ac (108,464 SF)
Zoning code
C-2-SPD
APN
001-0070-023-0000
UPID
US09-2775912
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$8.2M
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
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.49 ac
Current owner
From public records · entity-resolved
Neumann Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
9267 S JULIE ANN WAY, WEST JORDAN, UT 84088-8611
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
—
Neumann Holdings LLC
Neumann Holdings LLC
Deed
related
—
Jan 24, 2025
—
Iml Property Ca2 LLC
Neumaim Holdings LLC
Grant Deed
—
Mar 28, 2022
$6,600,000
Iml Property Ca2 LLC
1100 Richards LP
Grant Deed
$21,200,000 · Zb NA
Jun 18, 2020
—
Real Equity California LLC
—
Deed
related
$1,300,000 · Tri Counties Bank
Oct 30, 2017
$2,000,000
Real Equity California LLC
Tm & Associates INC
Grant Deed
related
$1,300,000 · Tri Counties Bank
Sep 28, 2017
$2,820,000
Tm & Associates INC
Mdf Investments 2 LLC
Grant Deed
—
Sep 28, 2017
$2,150,000
Neumann Holdings LLC
Tm & Associates INC
Trust Deed
related
$1,989,500 · Wells Fargo Bk
Jun 27, 2017
—
Wcd Investments 2 LLC
Demicheli Family Trust
Quitclaim Deed
related
—
Dec 1, 2011
—
Mdf Investments 2 LLC
Fox,maryann D
Grant Deed
—
Dec 13, 1999
—
De Micheli Trust
De Micheli,william C
Quit Claim Deed
related
—
Jun 23, 1999
—
Donna M De Micheli
De Micheli,william C
Quit Claim Deed
related
—
Aug 7, 1998
—
Robert J Demicheli
De Micheli Trust
Grant Deed
related
—
—
—
Real Equity California LLC
—
Deed Of Trust
related
$1,300,000 · Tri Counties Bank
—
—
Real Equity California LLC
—
Deed Of Trust
related
$1,300,000 · Tri Counties Bank
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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