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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Office buildings
1615 5th St Davis, CA 95616-3965
Individually Owned
~
Est. High Equity
Property ID
US09-1402654
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1980
Total area
4,716 SF
Lot
0.18 ac (7,873 SF)
Zoning code
C-S
APN
070-550-010-000
UPID
US09-1402654
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
-
Melody Steeples Mph Rd Physician
-
Blankinship, a Bowman company Environmental Consultant Engineering Consultant
-
Citadel Roofing & Solar Solar Energy Company Roofing Contractor
-
Solar Roof Dynamics LLC Corporate Office
-
Can Act Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.18M
Owner & transaction history
Defty Fmtr
Defty Fmtr
since 2025
6 recorded transactions
Zoning & alternative use
C-S · Davis, 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 Davis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davis 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%
$1,190,000
6.5%
$1,095,000
7%
$1,020,000
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±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
$249 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,058
Tax year 2023
Assessed value
$1,137,934
Assessed 2023
Previous assessed
$1,137,934
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$195,213
Assessed improvement
$942,721
Applied tax rate
1.0000
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
Off-Market
Year built
1980
Heating
NONE
Stories
2
Total area
4,716 SF
Lot
0.18 ac (7,873 SF)
Zoning code
C-S
APN
070-550-010-000
UPID
US09-1402654
Jurisdiction
YOLO
Zoning & alternative use
C-S · Davis, CA
Zoning C-S · permitted uses
C-S · Davis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Stories
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Defty Fmtr
Individual
Mailing address
1615 5TH ST STE A, DAVIS, CA 95616-3965
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
$1,125,000
Defty Fmtr
Andrewreid Enterpriseslp
Grant Deed
—
Jun 4, 2018
—
Andrewreid Ents LP
—
Deed
related
$601,464 · Jpmorgan Chase Bk NA
Aug 3, 2017
$775,000
Andrewreid Enterprises LP
Fifth Street Partners
Grant Deed
$601,464 · Jpmorgan Chase Bank NA
—
—
Fifth Street Partners
—
Deed Of Trust
related
$147,540 · First Northern Bank Of Dixon
—
—
Andrewreid Ents LP
—
Deed Of Trust
related
$494,000 · California Statewide Certified
—
—
Andrewreid Ents LP
—
Deed Of Trust
related
$601,464 · Jpmorgan Chase Bk NA
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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