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Property profile & analytics
OFF-MARKET
Estimated value
$10,365,000
Retail properties & Spaces
1601 Arden Way Sacramento, CA 95815-4004
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3100456
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1989
Construction
CONCRETE
Total area
154,823 SF
Lot
9.88 ac (430,372 SF)
Zoning code
C-2
APN
277-0160-049-0000
UPID
US09-3100456
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
-
Natalie Lau, OD Physician
-
Dr. Ngoc-Lan Vu Physician
-
Sears Appliance Repair Home Appliance Store
-
Sunday Fresh Market Specialty Food Shop Farmer's Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.76M
Blend (final)
Blend
$10.37M
Owner & transaction history
1601 Arden Way Owner LP · 2 yrs held
1601 Arden Way Owner LP
since 2023
Last sale
$10.5M
7 recorded transactions
Zoning & alternative use
C-2 · 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
$10,885,000
ML approach
$9,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$16,030,000
Current use
Blend value · Realmo final
$10.37M
Range $9.33M – $11.40M · ±10% · vs last sale $10.50M (Jan 29 2025)
Last sale anchor
$10.50M
Jan 29 2025
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
$67 / 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
$97,621
Tax year 2024
Assessed value
$7,100,000
Assessed 2024
Previous assessed
$7,100,000
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$6,500,000
Assessed improvement
$600,000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1989
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
154,823 SF
Lot
9.88 ac (430,372 SF)
Zoning code
C-2
APN
277-0160-049-0000
UPID
US09-3100456
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2 · Sacramento, CA
Zoning C-2 · permitted uses
C-2 · 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
RETAIL STORES Current
Est. value
$16.0M
RETAIL STORES Current
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
1989
Construction
CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
9.88 ac
Current owner
From public records · entity-resolved
1601 Arden Way Owner LP
Entity
Mailing address
1689 ARDEN WAY STE #1167, SACRAMENTO, CA 95815-4031
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jul 28, 2023
$7,850,000
1601 Arden Way Owner LP
Tf Arden Ca LLC
Grant Deed
—
Apr 19, 2019
—
Tf Arden Ca LLC
—
Grant Deed
related
$800,000,000 · Hps Inv Ptrs LLC
Mar 6, 2019
—
Tf Arden Ca LLC
Src Facilities LLC
Quit Claim Deed
related
$325,000,000 · Jpp LLC
Sep 14, 2018
—
Src Facilities LLC
—
Loan Modification
related
$143,000,000 · Ubs Ag Stamford Br
Dec 8, 2017
—
Src Facilities Stat Trust 2003-a
Sears Roebuck
Quit Claim Deed
related
$13,230,000 · Src Com'l Mtg Tr 2003-a (ct)
Mar 24, 2005
—
Sears Roebuck & Co
Owner Name Unavailable
Grant Deed
related
—
—
—
Sears Roebuck
—
Deed Of Trust
related
—
—
—
Src Facilities LLC
—
Deed Of Trust
related
$200,000,000 · Ubs Ag Stamford Br
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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