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Property profile & analytics
OFF-MARKET
Estimated value
$24,205,000
Apartment buildings
1600 Cyn Ter Ln Folsom, CA 95630-1880
Entity Owned
19-yr Hold
Absentee Owner
Property ID
US09-3131068
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1987
Construction
WOOD
Total area
157,580 SF
Lot
16.93 ac (737,470 SF)
Zoning code
R-M
APN
213-0060-025-0000
UPID
US09-3131068
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
-
Justin Larconi Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$32.36M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$24.21M
Owner & transaction history
Canyon Terrace Folsom LLC · 19 yrs held
Canyon Terrace Folsom LLC
since 2007
7 recorded transactions
Zoning & alternative use
R-M · 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%
$35,055,000
6.5%
$32,360,000
7%
$30,050,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$36,810,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$24.21M
Range $21.78M – $26.63M · ±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
$154 / 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
$368,763
Tax year 2024
Assessed value
$30,740,526
Assessed 2024
Previous assessed
$30,740,526
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$5,679,765
Assessed improvement
$25,060,761
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
200
Total area
157,580 SF
Lot
16.93 ac (737,470 SF)
Zoning code
R-M
APN
213-0060-025-0000
UPID
US09-3131068
Jurisdiction
SACRAMENTO
Zoning & alternative use
R-M · Folsom, CA
Zoning R-M · permitted uses
R-M · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$36.8M
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
1987
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
200
Lot
16.93 ac
Current owner
From public records · entity-resolved
Canyon Terrace Folsom LLC
Entity
Mailing address
23622 CALABASAS RD STE #200, CALABASAS, CA 91302-1509
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2020
—
Canyon Terrace Folsom LLC
—
Deed Of Trust
related
$58,000,000 · City Nat'l Bk
Dec 14, 2018
—
Canyon Terrace Folsom LLC
—
Deed
related
$135,668,000 · Federal Nat'l Mtg Assn (fnma)
Dec 20, 2016
—
Canyon Terrace Folsom LLC
—
Deed
related
$20,000,000 · Berkadia Commercial Mortgage LLC
Jan 23, 2007
—
Canyon Terrace Folsom LLC
Canyon Terrace 200 LLC
Quit Claim Deed
related
—
Jan 8, 2003
—
Canyon Oaks Apartments LLC
Canyon Terrace Apartment LLC
Quit Claim Deed
related
$12,115,000 · Arcs Commercial Mortgage Co LP
Jul 25, 2002
—
Canyon Terrace Apartments LLC
Canyon Terrace Apartments LLC
Quit Claim Deed
related
—
Aug 15, 2001
—
Rcb Corp
—
Deed Of Trust
related
$8,600,000 · River City Bank
Mar 4, 1999
—
Canyon Terrace Apartments
Web Services Co INC
Quit Claim Deed
related
—
Oct 26, 1990
$1,000
Terrace A Canyon
Buhler Ronald E
Grant Deed
related
—
—
—
Canyon Terrace Folsom LLC
—
Loan Modification
related
$135,668,000 · Federal Nat'l Mtg Assn (fnma)
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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