Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1501 Sports Dr Sacramento, CA 95834-2035
    Back to Search
    Property profile & analytics

    1501 Sports Dr, Sacramento, CA 95834-2035

    View on Map
    • Flex space
    • 9,600 SF
    • 1.13 lot acres
    Off-Market
    Property ID
    US10-1684966
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,100,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Raney Planning & Management Inc / Low Income Housing Program / Market Researcher
    • Terrapin Technology Group Inc / IT Consulting Firm / (Bike/Boat/Book/etc) Store

    Property Details for 1501 Sports Dr

    Year built
    1998
    Construction
    TILT-UP CONCRETE
    Lot size
    1.13 lot acres
    Zone code
    MP
    Property type
    Flex space
    APN
    225-0941-048-0000
    APU
    22509410480000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 15, 2019 — Sports Drive LLC — Deed · related $1.1M · Bank Of The West
    Sep 11, 2007 $1,532,000 Sports Drive LLC Jdm Family Trust Grant Deed $798k · General Electric Capital Corp
    Aug 23, 2007 — Jdm Family Trust — Trustees Deed · related $55k · Chuek Yu
    Jun 8, 2006 — Jdm Family Trust — Trustees Deed · related $227k · Bedrock Financial INC
    Mar 28, 2005 — Jdm Family Trust Wong,rod S & Lai M Grant Deed · related —
    Nov 24, 2004 — Pda Land LLC Pda Trust Quit Claim Deed · related —
    Nov 24, 2004 $1,050,000 Rod S Wong Oates,marvin L Grant Deed $525k · Five Star Bank
    — — Rod S Wong — Deed Of Trust · related $434k · Edf Resource Capital INC
    — — Sports Drive LLC — Deed Of Trust · related $1.1M · Bank Of The West

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,215,000
      6.5%
      $1,120,000
      7%
      $1,040,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,536,000
      Market price range: $170k - $1.54M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.496
    Latitude
    38.6472
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $26,580
    $515,097
    $1,516,657
    $2,031,754
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,059 SF

      1914 Terracina Dr Ste, Unit 110

      LIGHT INDUSTRIAL
      1914 Terracina Dr Ste, Sacramento, CA 95834-2459
      View Details
    • Value Estimation
      $730,000
      6,926 SF

      1910 Terracina Dr

      LIGHT INDUSTRIAL
      1910 Terracina Dr, Sacramento, CA 95834-2454
      View Details
    • Value Estimation
      $5,245,000
      18,156 SF

      4707 Northgate Blvd

      LIGHT INDUSTRIAL
      4707 Northgate Blvd, Sacramento, CA 95834-1120
      View Details
    • Value Estimation by Request
      194,869 SF

      1435 Market Blvd

      Flex space
      1435 Market Blvd, Sacramento, CA 95834
      View Details
    • Value Estimation by Request
      37,799 SF

      4125 Northgate Blvd

      Flex space
      4125 Northgate Blvd, Sacramento, CA 95834
      View Details
    • Value Estimation by Request
      1,524 SF

      1914 Terracina Dr Ste, Unit 120

      LIGHT INDUSTRIAL
      1914 Terracina Dr Ste, Sacramento, CA 95834-2459
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Sacramento Flex/Industrial/Office Property For Sale

      9,282 square foot flex/industrial/office property in Sacramento, CA.
      2220 Del Paso Rd, Sacramento, CA 95834
      View Details
    • Contact for pricing
      2,465 SF

      Industrial Condo with Mezzanine Office

      2,465 sq ft industrial condo with upgraded mezzanine office.
      45 Golden Land Ct, Sacramento, CA 95834
      View Details
    • Contact for pricing
      37,799 SF

      Industrial Flex Building For Sale

      Industrial flex building with freeway access and visibility.
      4125 Northgate Blvd, Sacramento, CA 95834
      View Details
    • Contact for pricing
      3,318 SF

      Flex Condo with Office/Warehouse

      Flex condominium featuring office and warehouse space for sale.
      4770 Duckhorn Dr, Sacramento, CA 95834
      View Details
    • Contact for pricing
      37,799 SF

      Sacramento Warehouse with Updated Office

      37,799 SF building with warehouse space for sale/lease.
      4128 N Freeway Blvd, Sacramento, CA 95834
      View Details
    • Contact for pricing
      129,126 SF

      Adaptable Sacramento Warehouse Space

      Adaptable 129,126 SF warehouse space, convenient location.
      4100 Duckhorn Dr, Sacramento, CA 95834
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,550 SF

      Sacramento Flex Space Available

      Flex and industrial spaces for rent near Sacramento Airport.
      3855 N Freeway Blvd, Sacramento, CA 95834
      View Details
    • Contact for pricing
      3,200 SF

      Sacramento Flex/Industrial Space Available

      Flex/industrial space with easy access to Interstates 5 and 80.
      831-845 N Market Blvd, Sacramento, CA 95834
      View Details
    • Contact for pricing
      4,329 SF

      Sacramento Flex Space Available

      Turn-key office, industrial, and flex spaces for rent.
      1174 National Dr, Sacramento, CA 95834
      View Details
    • Contact for pricing

      Freestanding Building Near Sacramento Airport

      3,000 sq ft flex/industrial/retail space with roll-up doors.
      3999 North Freeway Blvd, Sacramento, CA 95834
      View Details
    • Contact for pricing

      Promenade Circle

      Discover many ways to work your way in Promenade Circle
      180 Promenade Cir, Sacramento, CA 95834
      View Details
    • Contact for pricing
      20,849 SF

      North Natomas Flex Space

      Office/industrial flex space in North Natomas Business Park.
      1421 N Market Blvd, Sacramento, CA 95834
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1501 Sports Dr
    Sacramento, CA 95834-2035
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1501 Sports Dr, Sacramento, CA, 95834
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!