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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Medical Office Space
1620 Lead Hl Blvd Roseville, CA 95661-2853
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-9559695
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Construction
WOOD
Total area
7,088 SF
Lot
0.19 ac (8,138 SF)
Zoning code
PD
APN
459-020-001-000
UPID
US09-9559695
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
-
Sacramento Dental Implants Dental Office
-
Bandala Dental Group Roseville Dental Office
-
Bandala Rosy E DDS Dental Office
-
Swanson/Schaack Physical Therapy Medical Clinic
-
Smith Martha R Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.57M
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.70M
Owner & transaction history
L & M Real Properties LLC · 5 yrs held
L & M Real Properties LLC
since 2021
Last sale
$2.0M
6 recorded transactions
Zoning & alternative use
PD · Roseville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+20.8%
Commercial (general)
$1.9M
+10.0%
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 Roseville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roseville 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
$1,270,000
ML approach
$1,565,000
CAP Approach
CAP Return
Estimation
6%
$1,610,000
6.5%
$1,485,000
7%
$1,380,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,690,000
Current use
AUTO REPAIR, GARAGE
$2,040,000
Change: +21% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,860,000
Change: +10% · Conversion: Easy
RETAIL STORES
$1,655,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $2.05M (May 28 2021)
Last sale anchor
$2.05M
May 28 2021
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
$240 / 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
$22,502
Tax year 2024
Assessed value
$2,170,253
Assessed 2024
Previous assessed
$2,170,253
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$652,642
Assessed improvement
$1,517,611
Applied tax rate
5.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1996
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Units
1
Total area
7,088 SF
Lot
0.19 ac (8,138 SF)
Zoning code
PD
APN
459-020-001-000
UPID
US09-9559695
Jurisdiction
PLACER
Zoning & alternative use
PD · Roseville, CA
Zoning PD · permitted uses
PD · Roseville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roseville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1996
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
L & M Real Properties LLC
Entity
Mailing address
1620 LEAD HL BLVD STE #100, ROSEVILLE, CA 95661-2853
Ownership since
2021
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
May 28, 2021
$2,045,500
L & M Real Properties LLC
Erin K Meinyer
Grant Deed
$1,533,750 · Bank Of The West
Jan 25, 2017
$1,610,000
Erin K Meinyer
Mira Vista Real Estate INC
Grant Deed
$1,288,000 · Umpqua Bank
Jan 15, 1997
$1,050,000
Mira Vista Real Estate INC
Mitchell,rodney A
Grant Deed
$350,000 · Mechanics Nat'l Bank Richmond
—
—
Mira Vista Real Estate INC
—
Deed Of Trust
related
$298,511 · Mechanics Bank
—
—
Mira Vista Real Estate INC
—
Deed Of Trust
related
$258,795 · Mcfarlane Trust
—
—
Mira Vista Real Estate INC
—
Deed Of Trust
related
$145,277 · Mcfarland Alice S Trust (pt)
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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