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Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Retail space
1401 Broadway Sacramento, CA 95818-2219
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3209129
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Construction
TILT-UP CONCRETE
Total area
14,400 SF
Lot
0.86 ac (37,488 SF)
Zoning code
C-2-SPD
APN
009-0254-011-0000
UPID
US10-3209129
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
-
COVID-19 Drive-Thru Testing at Walgreens Pharmacy
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
BMO - ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.50M
CAP Approach
CAP
$3.44M
Comparable Approach
Comparable
$4.20M
Blend (final)
Blend
$3.50M
Owner & transaction history
Imagine Properties LLC · 2 yrs held
Imagine Properties LLC
since 2024
Last sale
$3.5M
4 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.8M
+75.5%
Neighborhood: shopping center
$4.5M
+66.0%
Auto repair, garage
$3.7M
+35.4%
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
$3,500,000
ML approach
$3,500,000
CAP Approach
CAP Return
Estimation
6%
$3,720,000
6.5%
$3,435,000
7%
$3,190,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,720,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,775,000
Change: +75% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,515,000
Change: +66% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,685,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$3,665,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,405,000
Change: +25% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,160,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$3.50M
Range $3.15M – $3.85M · ±10% · vs last sale $3.50M (Jan 19 2024)
Last sale anchor
$3.50M
Jan 19 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
$243 / 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
$73,488
Tax year 2024
Assessed value
$5,860,888
Assessed 2024
Previous assessed
$5,860,888
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,540,011
Assessed improvement
$4,320,877
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2002
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
14,400 SF
Lot
0.86 ac (37,488 SF)
Zoning code
C-2-SPD
APN
009-0254-011-0000
UPID
US10-3209129
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
RETAIL STORES Current
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.4M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2002
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Imagine Properties LLC
Entity
Mailing address
9045 ELK GRV BLVD, ELK GROVE, CA 95624-1944
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2024
$3,500,000
Imagine Properties LLC
John Bourdet
Grant Deed
$2,000,000 · First Northern Bank Of Dixon
Feb 14, 2020
—
Pierce,josanne Trust
Salvatore P Labarbera
Affidavit Of Death
related
—
Aug 27, 2013
—
Pierce,josanne Trust
Pierce Anthony G
Quit Claim Deed
related
—
Nov 16, 2005
$8,200,000
Anthony G Pierce
8501 Bond Road Investors LLC
Grant Deed
—
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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