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Property profile & analytics
FOR LEASE
Office buildings
1610 R St Sacramento, CA 95811
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1990881
For Lease
1 / 13
$129-$30,162/Mo
1610 R St, Sacramento, CA 95811
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2018
Construction
CONCRETE
Total area
131,760 SF
Lot
1.18 ac (51,400 SF)
Zoning code
OB-PUD-SPD
APN
009-0093-008-0000
UPID
US10-1990881
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
-
EA Capital Games (Bike/Boat/Book/etc) Store Corporate Office
-
TITLE Boxing Club Ice Blocks Gym & Fitness Center Sports School
-
CHEERS Registry (Bike/Boat/Book/etc) Store Corporate Office
-
Ed Dudensing Law Office Law Firm
-
Device Brewing Company Production Facility Brewery & Distillery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$29.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.33M
Owner & transaction history
Ice Shop LP · 9 yrs held
Ice Shop LP
since 2017
7 recorded transactions
Zoning & alternative use
OB-PUD-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$33.7M
+8.1%
Medical building
$33.6M
+7.5%
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%
$31,915,000
6.5%
$29,460,000
7%
$27,355,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$31,200,000
Current use
AUTO REPAIR, GARAGE
$33,715,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$33,550,000
Change: +8% · Conversion: Easy
COMMERCIAL (GENERAL)
$31,150,000
Change: 0% · Conversion: Easy
INDUSTRIAL (GENERAL)
$28,890,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$21.33M
Range $19.20M – $23.46M · ±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
$162 / 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
$541,458
Tax year 2024
Assessed value
$45,769,757
Assessed 2024
Previous assessed
$45,769,757
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$3,460,937
Assessed improvement
$42,308,820
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2018
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
4
Total area
131,760 SF
Lot
1.18 ac (51,400 SF)
Zoning code
OB-PUD-SPD
APN
009-0093-008-0000
UPID
US10-1990881
Jurisdiction
SACRAMENTO
Zoning & alternative use
OB-PUD-SPD · Sacramento, CA
Zoning OB-PUD-SPD · permitted uses
OB-PUD-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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$31.2M
AUTO REPAIR, GARAGE
Est. value
$33.7M
MEDICAL BUILDING
Est. value
$33.6M
COMMERCIAL (GENERAL)
Est. value
$31.2M
INDUSTRIAL (GENERAL)
Est. value
$28.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (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
2018
Construction
CONCRETE
Heating
NONE
Stories
4
Buildings
2
Lot
1.18 ac
Current owner
From public records · entity-resolved
Ice Shop LP
Entity
Mailing address
1715 R ST STE #210, SACRAMENTO, CA 95811-6773
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2019
—
Ice Shop LP
—
Deed
related
$500,000 · Northwestern Mutual Life Ins C
Jul 17, 2017
—
Ice Shop LP
Ice Blocks Venture LP
Quit Claim Deed
related
$30,000,000 · Us Bk
Mar 30, 2009
—
Crystal Ice Venture
Friedman M & M Family Trust
Grant Deed
—
Mar 19, 2009
—
Friedman M L & M S Family
Reverse Exchange Props INC
Grant Deed
related
—
Apr 25, 2008
$2,907,500
Friedman M L & Solomon M Trust
Reverse Exchange Props INC
Grant Deed
—
May 8, 2006
—
Friedman Mark L & M Trust
Friedman,mark L
Quit Claim Deed
related
—
Apr 18, 2006
—
Mark L Friedman
Reverse Exchange Props INC
Grant Deed
—
Sep 1, 2005
—
Friedman Family Trust
Speros Basil Vryonis Center
Grant Deed
—
Dec 31, 1997
—
Speros Basil Vryonis Center
Tsakopoulos,angelo K
Grant Deed
related
—
Dec 29, 1997
—
Angelo K Tsakopoulos
Tsakopkoulos,sofia L
Quit Claim Deed
related
—
—
—
Ice Shop LP
—
Deed Of Trust
related
$500,000 · Northwestern Mutual Life Ins C
—
—
Reverse Exchange Props INC
—
Deed Of Trust
related
$3,769,920 · Friedman M L & M Family Trust
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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