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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Apartment buildings
1517 Nogales St Sacramento, CA 95838-4566
Entity Owned
Absentee Owner
Property ID
US10-2291686
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Construction
WOOD
Total area
6,714 SF
Lot
0.56 ac (24,253 SF)
Zoning code
R-2A R-3
APN
251-0181-032-0000
UPID
US10-2291686
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
$874k
Blend (final)
Blend
$1.23M
Owner & transaction history
1517 1527 Nogales Street LP
1517 1527 Nogales Street LP
since 2026
7 recorded transactions
Zoning & alternative use
R-2A R-3 · Sacramento, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,760,000
6.5%
$1,625,000
7%
$1,505,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,990,000
Current use
AUTO REPAIR, GARAGE
$1,720,000
Change: -14% · Conversion: Difficult
MEDICAL BUILDING
$1,710,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±10%
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
$182 / 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
$9,815
Tax year 2024
Assessed value
$751,129
Assessed 2024
Previous assessed
$751,129
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$186,276
Assessed improvement
$564,853
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
12
Total area
6,714 SF
Lot
0.56 ac (24,253 SF)
Zoning code
R-2A R-3
APN
251-0181-032-0000
UPID
US10-2291686
Jurisdiction
SACRAMENTO
Zoning & alternative use
R-2A R-3 · Sacramento, CA
Zoning R-2A R-3 · permitted uses
R-2A R-3 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
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
1985
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
12
Lot
0.56 ac
Current owner
From public records · entity-resolved
1517 1527 Nogales Street LP
Entity
Mailing address
4811 CHIPPENDALE DR STE #303, SACRAMENTO, CA 95841-2552
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2026
$1,750,000
1517 1527 Nogales Street LP
Pacco Properties LP
Grant Deed
$1,550,000 · Merchants Funding Az LLC
Jul 22, 2013
$625,000
Pacco Properties LP
Vowell,kenneth R & Maureen E
Grant Deed
—
Jul 18, 2000
$158,000
Kenneth R Vowell
Bankers Trust Co California NA
Grant Deed
$108,000 · Mid Valley Bank
Jun 12, 1997
$250,000
Bankers Trust Co Ca Trustee
Silverstein,daniel G & Susan L
Trustees Deed
related
—
Mar 22, 1991
$87,000
Pearne,john A &
Equity Preservat
Trustees Deed
$17,000 · Seller
—
—
Georgianna Micha
—
Deed Of Trust
related
—
—
—
Kenneth R Vowell
—
Deed Of Trust
related
$190,000 · Washington Mutual Fsb
—
—
Kenneth R Vowell
—
Deed Of Trust
related
$250,000 · Calnet Business 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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