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Property profile & analytics
OFF-MARKET
Estimated value
$7,350,000
Medical Office Space
1730 Pr City Rd Folsom, CA 95630-9594
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2598548
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Construction
TILT-UP CONCRETE
Total area
21,860 SF
Lot
1.44 ac (62,726 SF)
Zoning code
C-3 (PD)
APN
072-3020-006-0000
UPID
US09-2598548
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
-
Sabeen Lulu Physician Medical Clinic
-
Joelle Jakobsen, MD Physician
-
Melissa Marquez, NP Physician
-
Patrick Osgood, MD Physician
-
Dr. Ami Shah Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.35M
Owner & transaction history
Prairie City I LLC · 2 yrs held
Prairie City I LLC
since 2024
Last sale
$7.4M
7 recorded transactions
Zoning & alternative use
C-3 (PD) · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.3M
+80.7%
Office building
$7.3M
+28.0%
Retail stores
$7.0M
+23.8%
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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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
$7,350,000
ML approach
$7,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,690,000
Current use
RESTAURANT
$10,280,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$7,285,000
Change: +28% · Conversion: Easy
RETAIL STORES
$7,045,000
Change: +24% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,260,000
Change: +10% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,645,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,105,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$7.35M
Range $6.62M – $8.09M · ±10% · vs last sale $7.35M (Feb 20 2024)
Last sale anchor
$7.35M
Feb 20 2024
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
$336 / 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
$54,670
Tax year 2024
Assessed value
$5,017,458
Assessed 2024
Previous assessed
$5,017,458
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$541,822
Assessed improvement
$4,475,636
Applied tax rate
4.0000
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
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
21,860 SF
Lot
1.44 ac (62,726 SF)
Zoning code
C-3 (PD)
APN
072-3020-006-0000
UPID
US09-2598548
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-3 (PD) · Folsom, CA
Zoning C-3 (PD) · permitted uses
C-3 (PD) · Folsom, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Folsom. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$5.7M
RESTAURANT
Est. value
$10.3M
OFFICE BUILDING
Est. value
$7.3M
RETAIL STORES
Est. value
$7.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$5.1M
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
COMMERCIAL (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
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.44 ac
Current owner
From public records · entity-resolved
Prairie City I LLC
Entity
Mailing address
3121 MICHELSON DR STE #500, IRVINE, CA 92612-7673
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2024
$7,350,000
Prairie City I LLC
1730 Prairie City Road Investors Ll
Grant Deed
$4,410,000 · Cibc Bank USA
Dec 14, 2022
—
1730 Prairie City Road Investors Ll
—
Deed
related
$4,550,000 · Kinecta FCU
Jun 23, 2020
—
1730 Prairie City Road Invtrs
—
Deed
related
$1,500,000 · California Bk&tr
Dec 7, 2011
$2,200,000
1730 Prairie City Road Invtrs
Folsom Corners LLC
Quit Claim Deed
related
$2,000,000 · Aztec Mustang-exploration
Dec 7, 2011
—
1730 Prairie City Road Invtrs
Alfhelm Family Trust
Grant Deed
—
Aug 25, 2008
—
Caroline K Alfheim
Alfheim,caroline K
Quit Claim Deed
related
—
—
—
1730 Prairie City Road Invtrs
—
Deed Of Trust
related
$2,035,000 · Woodmen Of World Life Insuranc
—
—
1730 Prairie City Road Invtrs
—
Deed Of Trust
related
$1,500,000 · California Bk&tr
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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