Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Commercial kitchens
1624 18th St Sacramento, CA 95811-6702
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0798561
Property profile
Verified
Property type
Commercial kitchens
Use group
TAKE-OUT RESTAURANT
Year built
2011
Construction
TILT-UP CONCRETE
Total area
3,556 SF
Lot
0.08 ac (3,600 SF)
Zoning code
C-1-SPD
APN
006-0295-014-0000
UPID
US09-0798561
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.51M
Owner & transaction history
1624 18th Street LLC · 4 yrs held
1624 18th Street LLC
since 2021
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
C-1-SPD · Sacramento, CA
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
$1,665,000
ML approach
$1,710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.51M
Range $1.36M – $1.66M · ±10% · vs last sale $1.33M (Dec 13 2021)
Last sale anchor
$1.33M
Dec 13 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
$425 / 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
$16,517
Tax year 2024
Assessed value
$1,383,732
Assessed 2024
Previous assessed
$1,383,732
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$561,816
Assessed improvement
$821,916
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
Commercial kitchens
Use group
TAKE-OUT RESTAURANT
Status
Off-Market
Year built
2011
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
3,556 SF
Lot
0.08 ac (3,600 SF)
Zoning code
C-1-SPD
APN
006-0295-014-0000
UPID
US09-0798561
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-1-SPD · Sacramento, CAZoning C-1-SPD · permitted uses
C-1-SPD · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning | City of Sacramento
Building & site characteristics
From public records
Year built
2011
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
1624 18th Street LLC
Entity
Mailing address
1821 Q ST, SACRAMENTO, CA 95811-6718
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2022
—
1624 18th Street LLC
—
Deed
related
$500,000 · Five Star Bank
Dec 13, 2021
$1,330,000
1624 18th Street LLC
Elizabeth M Mulligan
Grant Deed
—
Sep 28, 2010
—
Mulligan Family Trust
Mulligan,terence J & Elizabeth M
Quit Claim Deed
related
—
Sep 27, 2007
—
Terence J Mulligan
Mulligan,terence J & Elizabeth M
Quit Claim Deed
related
—
Aug 21, 2007
—
Terence J Mulligan
Bidinger,joel R
Grant Deed
related
—
Jul 10, 2006
—
Terence J Mulligan
Mulligan,todd M
Quit Claim Deed
related
$619,795 · Mulligan Family Trust
Jul 5, 2002
$190,000
Glenn A Van Dyke
Kings-r LLC
Grant Deed
—
Aug 15, 1995
—
Kings-r Ltd Liability Co
Wang,robert J
Quit Claim Deed
related
—
Oct 27, 1988
$170,000
Robert J Wang
Reynolds Gloria
Trustees Deed
$125,000 · Reynolds Gloria
—
—
Robert J Wang
—
Deed Of Trust
related
$525,000 · Truckee River Bank
—
—
Joel R Bidinger
—
Deed Of Trust
related
$53,422 · Terrence J & Elizabeth M Mulligan
—
—
Joel R Bidinger
—
Deed Of Trust
related
$80,881 · Terrence J & Elizabeth M Mulligan
—
—
Mulligan Family Trust
—
Deed Of Trust
related
$555,000 · Wells Fargo Bk
—
—
Joel R Bidinger
—
Deed Of Trust
related
$26,197 · Terence J & Elizabeth M Mulligan
—
—
Robert J Wang
—
Deed Of Trust
related
—
—
—
Robert J Wang
—
Deed Of Trust
related
$227,000 · Security Pacific National Bank
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 1624 18th 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.
