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Property profile & analytics
OFF-MARKET
Estimated value
$5,670,000
Office buildings
1460 Drew Ave Davis, CA 95618-4856
Entity Owned
5-yr Hold
Free & Clear
Property ID
US09-1654057
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2006
Construction
WOOD
Total area
21,052 SF
Lot
1.73 ac (75,358 SF)
Zoning code
I-R
APN
069-290-073-000
UPID
US09-1654057
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
-
Vo Dennis T DC Alternative Medicine Practice
-
Physical Edge Inc Alternative Medicine Practice
-
Ursula Barragan Physician
-
Stewart Cassell Physician
-
Mathew Moore Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.40M
CAP Approach
CAP
$4.90M
Comparable Approach
Comparable
$5.94M
Blend (final)
Blend
$5.67M
Owner & transaction history
Urp Investors LP · 5 yrs held
Urp Investors LP
since 2020
Last sale
$5.2M
2 recorded transactions
Zoning & alternative use
I-R · Davis, 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 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
$6,410,000
ML approach
$6,400,000
CAP Approach
CAP Return
Estimation
6%
$5,300,000
6.5%
$4,895,000
7%
$4,545,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,145,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$5.67M
Range $5.10M – $6.24M · ±10% · vs last sale $5.19M (Jul 22 2020)
Last sale anchor
$5.19M
Jul 22 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
$269 / 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
$40,953
Tax year 2023
Assessed value
$3,415,854
Assessed 2023
Previous assessed
$3,415,854
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$797,594
Assessed improvement
$2,618,260
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Total area
21,052 SF
Lot
1.73 ac (75,358 SF)
Zoning code
I-R
APN
069-290-073-000
UPID
US09-1654057
Jurisdiction
YOLO
Zoning & alternative use
I-R · Davis, CA
Zoning I-R · permitted uses
I-R · Davis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$9.1M
COMMERCIAL (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
2006
Construction
WOOD
Heating
NONE
Lot
1.73 ac
Current owner
From public records · entity-resolved
Urp Investors LP
Entity
Free & Clear · 5 yrs held
Mailing address
1530 J ST STE #200, SACRAMENTO, CA 95814-2053
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2020
—
Urp Investors LP
San Carlos Retail Venture LP
Quit Claim Deed
—
Oct 28, 2016
$5,188,500
San Carlos Retail Venture LP
Eight Davis 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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