Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,835,000
Retail space
1616 J St Sacramento, CA 95814-2021
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3580545
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1928
Construction
TILT-UP CONCRETE
Total area
10,800 SF
Lot
0.15 ac (6,400 SF)
Zoning code
C-2-SPD
APN
006-0123-004-0000
UPID
US09-3580545
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
-
Sacrament Brewing Bar & Pub
-
The Rooftop Bar & Pub
-
Lucca Parking Lot & Garage
-
Midtown Gastrobar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.84M
Owner & transaction history
1616 J Street Investors LLC · 12 yrs held
1616 J Street Investors LLC
since 2014
7 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.8M
+35.4%
Medical building
$2.8M
+34.7%
Commercial (general)
$2.6M
+25.1%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,040,000
Current use
AUTO REPAIR, GARAGE
$2,765,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$2,750,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,555,000
Change: +25% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,370,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$1.84M
Range $1.65M – $2.02M · ±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
$170 / 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
$42,142
Tax year 2024
Assessed value
$3,472,096
Assessed 2024
Previous assessed
$3,472,096
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$540,818
Assessed improvement
$2,931,278
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
10,800 SF
Lot
0.15 ac (6,400 SF)
Zoning code
C-2-SPD
APN
006-0123-004-0000
UPID
US09-3580545
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-SPD · Sacramento, CA
Zoning C-2-SPD · permitted uses
C-2-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
RETAIL STORES Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.6M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
RETAIL STORES 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
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
1616 J Street Investors LLC
Entity
Mailing address
3132 INDUSTRIAL BLVD, WEST SACRAMENTO, CA 95691-3473
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2020
—
1616 J Street Investors LLC
—
Deed
related
$3,283,000 · American River Bk
Aug 18, 2016
—
1616 J Street Investors LLC
—
Trustees Deed
related
$2,194,860 · Bank Of America
Mar 26, 2014
$1,390,000
1616 J Street Investors LLC
1616 J Street LLC
Grant Deed
$1,112,000 · Bank Of America
Apr 10, 2013
$1,471,455
1616 J Street LLC
First American Title Ins
Trustees Deed
related
—
Oct 24, 2005
$2,050,000
Whole Note Ents LLC
1616 J Street LLC
Grant Deed
$1,450,000 · 1616 J Street LLC
Sep 23, 2004
—
1616 J Street LLC
Ddd Ptshp
Grant Deed
related
—
Feb 23, 1996
—
Daniel K Dowling
Dowling,daniel K
Quit Claim Deed
related
—
—
—
Whole Note Ents LLC
—
Deed Of Trust
related
$400,000 · George Faghi
—
—
Daniel K Dowling
—
Deed Of Trust
related
$315,000 · Sacramento Savings Bank
—
—
1616 J Street Investors LLC
—
Deed Of Trust
related
$3,283,000 · American River Bk
—
—
1616 J Street Investors LLC
—
Deed Of Trust
related
$1,755,888 · Bank Of America
—
—
Stephen C Fournier
—
Deed Of Trust
related
$50,000 · Richard N & Lisa M Davis
—
—
Whole Note Ents LLC
—
Deed Of Trust
related
$1,950,000 · Standard Insurance Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1616 J St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
