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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Bars & Pubs
1531 L St Sacramento, CA 95814-4004
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US10-2954397
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1925
Construction
TILT-UP CONCRETE
Total area
26,390 SF
Lot
0.44 ac (19,200 SF)
Zoning code
C-3-SPD
APN
006-0122-006-0000
UPID
US10-2954397
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.82M
Owner & transaction history
1531 L Street Developers LLC · 19 yrs held
1531 L Street Developers LLC
since 2006
7 recorded transactions
Zoning & alternative use
C-3-SPD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$69 / 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
$111,184
Tax year 2024
Assessed value
$8,843,958
Assessed 2024
Previous assessed
$8,843,958
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$3,021,090
Assessed improvement
$5,822,868
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
26,390 SF
Lot
0.44 ac (19,200 SF)
Zoning code
C-3-SPD
APN
006-0122-006-0000
UPID
US10-2954397
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-3-SPD · Sacramento, CA
Zoning C-3-SPD · permitted uses
C-3-SPD · 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.
Building & site characteristics
From public records
Year built
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
1531 L Street Developers LLC
Entity
Mailing address
PO BOX 97, DAVIS, CA 95617-0097
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2021
—
1531 L Street Developers LLC
—
Deed
related
$5,250,000 · Five Star Bank
Dec 15, 2016
—
1531 L Street Developers LLC
—
Deed
related
$5,300,000 · Banner Bank
Nov 9, 2007
—
1531 L Street Developers LLC
—
Trustees Deed
related
$6,611,000 · Bank Of Sacramento
Jul 28, 2006
$589,000
1531 L Street Developers LLC
Wurster Properties
Grant Deed
—
—
—
1531 L Street Developers LLC
—
Loan Modification
related
$5,551,501 · Bank Of America
—
—
John A Wurster
—
Deed Of Trust
related
$51,200 · Redwood Financial
—
—
1531 L Street Developers LLC
—
Deed Of Trust
related
$6,050,000 · Bank Of Sacramento
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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