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Property profile & analytics
FOR SALE
Office buildings
151 Blue Ravine Rd Folsom, CA 95630
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-5479990
For Sale
$9,205,000
151 Blue Ravine Rd, Folsom, CA 95630
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
TILT-UP CONCRETE
Total area
79,350 SF
Lot
6.6 ac (287,496 SF)
Zoning code
M-1 (PD)
APN
069-0250-029-0000
UPID
US09-5479990
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
-
VSPOne | Sacramento Big Box & Wholesale Store
-
FedEx Drop Box Postal Service Courier Service
-
OnTrac Drop Box Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.50M
Blend (final)
Blend
$9.21M
Owner & transaction history
Air West Property Holdings LLC
Air West Property Holdings LLC
since 2026
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
M-1 (PD) · Folsom, 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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.21M
Range $8.28M – $10.13M · ±10% · vs last sale $8.04M (Feb 6 2026)
Last sale anchor
$8.04M
Feb 6 2026
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
$116 / 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
$203,557
Tax year 2024
Assessed value
$18,993,802
Assessed 2024
Previous assessed
$18,993,802
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$2,403,649
Assessed improvement
$16,590,153
Applied tax rate
4.0000
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
Status
For Sale
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
79,350 SF
Lot
6.6 ac (287,496 SF)
Zoning code
M-1 (PD)
APN
069-0250-029-0000
UPID
US09-5479990
Jurisdiction
SACRAMENTO
Zoning & alternative use
M-1 (PD) · Folsom, CA
Zoning M-1 (PD) · permitted uses
M-1 (PD) · Folsom, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Folsom. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
6.6 ac
Current owner
From public records · entity-resolved
Air West Property Holdings LLC
Entity
Mailing address
333 QUALITY DR, RANCHO CORDOVA, CA 95670
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2026
—
Air West Property Holdings LLC
—
Deed
related
$3,307,000 · The Mortgage Capital Development Corp
Feb 6, 2026
$8,037,000
Air West Property Holdings LLC
Vsp Ceres INC
Grant Deed
$4,018,500 · California Bank Of Commerce
Jan 17, 2014
$6,000,000
Vsp Ceres INC
Rc Blue Ravine LLC
Grant Deed
—
Dec 12, 2012
$2,500,000
Rc Blue Ravine LLC
Belle Haven Fol LLC
Grant Deed
—
Jun 28, 2007
—
Belle Haven Fol LLC
C Arima & Associates LLC
Grant Deed
$8,500,000 · Nli Commercial Mortgage Fund LLC
Feb 28, 2005
—
C Arima & Associates LLC
Hara Properties
Grant Deed
—
Sep 2, 1999
—
Nerio Trust
Nerio,margaret
Quit Claim Deed
related
—
Feb 18, 1999
—
Hara Trust
Hara Trust
Quit Claim Deed
related
—
Jul 24, 1997
—
Margaret Nerio Trustee
Hara Trust
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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