Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1617 Russell Blvd Davis, CA 95616-3154
    Back to Search
    Property profile & analytics

    1617 Russell Blvd, Davis, CA 95616-3154

    View on Map
    • Specialty properties
    • 4,755 SF
    • 0.35 lot acres
    Off-Market
    Property ID
    US09-5698079
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $595,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • West Davis Veterinary Center / Veterinary Clinic

    Property Details for 1617 Russell Blvd

    Year built
    2020
    Lot size
    0.35 lot acres
    Zone code
    P-D
    Property type
    Specialty properties
    APN
    036-090-008-000
    APU
    36090008000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 3, 2022 — Arthur Russell LLC — Deed · related $2.2M · Bank Of America NA
    Sep 25, 2020 — Arthur Russell LLC — Deed · related $2.5M · Pacific Wstrn Bk
    Oct 4, 2019 — Arthur Russell LLC — Deed · related $849k · Pacific Western National Bank
    Jun 16, 2017 $810,000 Arthur Russell LLC Margolis Donald Trust Grant Deed $849k · Capitalsource
    Jan 30, 2014 — Donald L Margolis Margolis Donald Trust Quit Claim Deed · related $604k · Bank Of America
    Apr 7, 2006 — Margolis Donald Trust Margolis,donald Quit Claim Deed · related —
    May 23, 2005 $80,000 Donald Margolis Ibsen,dana & Paula Grant Deed $480k · Dana & Paula Ibsen
    Dec 20, 2004 $454,000 Dana Ibsen Rathfon,barry L & Maureen J Grant Deed $400k · Dfi Funding INC
    — — Barry L Rathfon — Deed Of Trust · related $162k · Us Bank
    — — Donald Margolis — Deed Of Trust · related $977k · Branch Banking & Trust Co
    — — Arthur Russell LLC — Loan Modification · related $2.5M · Pacific Wstrn Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $595,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $660,000
      MEDICAL BUILDING
      $585,000
      RETAIL STORES
      $365,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Davis
    County
    Yolo
    State
    California
    Longitude
    -121.77
    Latitude
    38.5467
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,752
    $345,809
    $2,220,155
    $2,565,964
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,660,000
      5,071 SF

      525 Rowe Pl

      VETERINARY, ANIMAL HOSPITAL
      525 Rowe Pl, Davis, CA 95616-3960
      View Details
    • Value Estimation by Request
      5,513 SF

      116 D St

      CREMATORIUM, MORTUARY
      116 D St, Davis, CA 95616-4626
      View Details
    • Value Estimation by Request
      4,795 SF

      00000 Sycamore Ln

      Day care centers
      00000 Sycamore Ln, Davis, CA 95616
      View Details
    • Value Estimation by Request
      0.06 Acres

      Davis, CA 95616

      OFFICE/RESIDENTIAL (MIXED USE)
      Davis, CA 95616
      View Details
    • Value Estimation by Request
      0.28 Acres

      Davis, CA 95616

      OFFICE/RESIDENTIAL (MIXED USE)
      Davis, CA 95616
      View Details
    • Value Estimation by Request
      0.01 Acres

      Davis, CA 95616

      OFFICE/RESIDENTIAL (MIXED USE)
      Davis, CA 95616
      View Details

    Similar Nearby for Sale

    • $399,000

      Restaurant Opportunity in Davis, CA

      Restaurant for sale in Davis, California.
      132 E St, Davis, CA 95616
      View Details
    • Contact for pricing
      4,795 SF

      Vacant Day Care Reposition Opportunity

      Vacant former child care facility for sale, priced for risk.
      00000 Sycamore Ln, Davis, CA 95616
      View Details
    • Contact for pricing
      4,566 SF

      Davis Office Building For Sale

      Office building with 4,566 square feet of space available.
      1615 5Th St, Davis, CA 95616
      View Details
    • Contact for pricing

      Downtown Davis Corner Lot

      Commercial land available at the corner of 3rd and D.
      307 D St, Davis, CA 95616
      View Details
    • Contact for pricing
      10,255 SF

      Davis Office Building For Sale

      Office building suitable for medical, therapy, or R&D use.
      1970 Lake Blvd, Davis, CA 95616
      View Details

    Similar Nearby for Lease

    • $1.35 SF/Yr

      Retail Center Near UC Davis

      Neighborhood retail center anchored by Westlake Market, Dollar Tree, and brewery.
      1260 Lake Blvd, Davis, CA 95616
      View Details
    • Contact for pricing
      4,530 SF

      Davis Office Space with Balconies

      Office space in Davis with high ceilings and balconies.
      105-117 E St, Davis, CA 95616
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Downtown Davis

      Retail space near UC Davis and local amenities.
      801 D St, Davis, CA 95616
      View Details
    • Contact for pricing
      5,819 SF

      Retail Space in Downtown Davis

      Retail space available in a high-traffic downtown location.
      420 G St, Davis, CA 95616
      View Details
    • Contact for pricing

      Downtown Davis Mixed-Use Building

      Prime office and retail space in downtown Davis.
      801 2Nd St, Davis, CA 95616
      View Details
    • Contact for pricing
      4,246 SF

      Freestanding Retail Building For Rent

      Freestanding retail building with drive-up window near UC Davis.
      300 E St, Davis, CA 95616
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1617 Russell Blvd
    Davis, CA 95616-3154
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1617 Russell Blvd, Davis, CA, 95616
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!