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Property profile & analytics
OFF-MARKET
Estimated value
$16,400,000
Office buildings
1700 K St Sacramento, CA 95811-4022
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3385530
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1989
Construction
STEEL FRAME
Total area
118,613 SF
Lot
0.73 ac (32,000 SF)
Zoning code
C-2-SPD
APN
006-0126-020-0000
UPID
US09-3385530
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
-
DHCS Investigations Branch Corporate Office
-
Ampco System Parking Parking Lot & Garage
-
Resource Center Lending Services Data Center
-
California Department of Health Care Services Public Health Department
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.40M
Owner & transaction history
46th Street Legacy Ptshp LP · 10 yrs held
46th Street Legacy Ptshp LP
since 2016
6 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, 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 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
INDUSTRIAL (GENERAL)
$26,010,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$16.40M
Range $14.76M – $18.04M · ±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
$138 / 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
$263,706
Tax year 2024
Assessed value
$22,000,000
Assessed 2024
Previous assessed
$22,000,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$3,500,000
Assessed improvement
$18,500,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
5
Total area
118,613 SF
Lot
0.73 ac (32,000 SF)
Zoning code
C-2-SPD
APN
006-0126-020-0000
UPID
US09-3385530
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
INDUSTRIAL (GENERAL)
Est. value
$26.0M
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
1989
Construction
STEEL FRAME
Heating
NONE
Stories
5
Buildings
2
Lot
0.73 ac
Current owner
From public records · entity-resolved
46th Street Legacy Ptshp LP
Entity
Mailing address
401 WATT AVE #200, SACRAMENTO, CA 95864-7272
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Jul 15, 2021
—
46th Street Legacy Partnership LP
—
Deed
related
$11,850,000 · Bank Of The West
Jan 28, 2016
—
46th Street Legacy Ptshp LP
46th Street Legacy Partners LP
Quit Claim Deed
—
Jun 15, 2001
—
Dinmoor Group
—
Deed Of Trust
related
$5,000,000 · Bank Of Sacramento
—
—
Dinmoor Group
—
Deed Of Trust
related
$3,869,089 · Bank Of Sacramento
—
—
46th Street Legacy Partners LP
—
Deed Of Trust
related
$8,100,000 · Bank Of The West
—
—
Dinmoor Group
—
Deed Of Trust
related
$3,890,384 · Bank Of Sacramento
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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