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Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Flex space
1403 Nichols Dr Rocklin, CA 95765-1306
Entity Owned
~
Est. High Equity
Property ID
US09-9198277
Property summary
AI-generated overview
This exceptional 7,000-square-foot industrial warehouse, located at 1403 Nichols Drive in Rocklin, California, presents a significant leasing opportunity. Built in 2009, the property sits on a one-acre lot and offers a flexible multi-tenant layout. Currently, 6,275 square feet are available for lease. The warehouse boasts impressive 22' to 24' ceiling heights, providing ample vertical storage space. Two convenient drive-in doors ensure efficient loading and unloading operations. The property is equipped with robust power, featuring 400 AMPs, 277/480 Volt, 3-phase electrical service. The zoning designation is INP (Placer County), and the Assessor's Parcel Number (APN) is 485-020-011. This strategically located warehouse in Placer County, with its easy access to major transportation routes, makes it an ideal location for distribution and warehousing businesses. The property's modern design and functional layout offer a compelling opportunity for businesses seeking efficient and well-appointed warehouse space in the thriving Rocklin market. The zip code is 95765.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2007
Construction
TILT-UP CONCRETE
Total area
7,000 SF
Lot
0.25 ac (10,834 SF)
APN
485-020-011-000
UPID
US09-9198277
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
-
R & R Laminates Marketing & Advertising
-
Rocklin Tree Service Experts Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.07M
Owner & transaction history
Bentornato A Casa LLC
Bentornato A Casa LLC
since 2026
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+31.0%
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 Rocklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocklin 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
$995,000
ML approach
$1,090,000
CAP Approach
CAP Return
Estimation
6%
$1,435,000
6.5%
$1,325,000
7%
$1,230,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,230,000
Current use
MEDICAL BUILDING
$1,610,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±10% · vs last sale $1.09M (Oct 1 2020)
Last sale anchor
$1.09M
Oct 1 2020
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
$152 / 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
$12,643
Tax year 2024
Assessed value
$1,156,716
Assessed 2024
Previous assessed
$1,156,716
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$212,241
Assessed improvement
$944,475
Applied tax rate
88.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
7,000 SF
Lot
0.25 ac (10,834 SF)
APN
485-020-011-000
UPID
US09-9198277
Jurisdiction
PLACER
Zoning & alternative use
Zoning · permitted uses
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
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
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.25 ac
Current owner
From public records · entity-resolved
Bentornato A Casa LLC
Entity
Mailing address
221 AVENIDA VIS DEL OCEANO, SAN CLEMENTE, CA 92672-4548
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2026
—
Bentomato A Casa LLC
—
Deed
related
$985,000 · The Mortgage Capital Development Corpara
Jan 20, 2026
$2,650,000
Bentornato A Casa LLC
Placer Sunset LLC
Grant Deed
$1,430,000 · American Business Bank
Jan 20, 2026
—
Bentornato A Casa LLC
—
Deed
related
$955,000 · American Business Bank
Oct 1, 2020
$1,090,000
Placer Sunset LLC
Russell R Routh
Grant Deed
—
Feb 16, 2010
—
Russell R Routh
Nichols Park LLC
Grant Deed
$614,000 · Wells Fargo Bank NA
Oct 17, 2007
$1,043,000
Nichols Park LLC
West Valley Const Co INC
Grant Deed
$521,500 · 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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