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Property profile & analytics
FOR LEASE
Medical Office Space
1739 Creekside Dr Folsom, CA 95630
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3047693
For Lease
1 / 3
$3,245,000
1739 Creekside Dr, Folsom, CA 95630
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
WOOD
Total area
9,950 SF
Lot
0.39 ac (17,061 SF)
Zoning code
BP (PD)
APN
071-1900-001-0000
UPID
US10-3047693
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
-
Tiffanie Tam, MD Physician Medical Clinic
-
Wesley Hilger, MD Physician Medical Clinic
-
Seshadri Kasturi, MD Physician Medical Clinic
-
Kristen Buono, MD Physician Medical Clinic
-
Urogynecology Consultants Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.60M
Blend (final)
Blend
$3.25M
Owner & transaction history
Thunder Mountain LLC · 2 yrs held
Thunder Mountain LLC
since 2023
Last sale
$3.2M
4 recorded transactions
Zoning & alternative use
BP (PD) · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+80.7%
Office building
$3.3M
+28.0%
Retail stores
$3.2M
+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
$3,350,000
ML approach
$3,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,590,000
Current use
RESTAURANT
$4,680,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$3,315,000
Change: +28% · Conversion: Easy
RETAIL STORES
$3,205,000
Change: +24% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,850,000
Change: +10% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,570,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,325,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$3.25M
Range $2.92M – $3.57M · ±10% · vs last sale $3.23M (Oct 18 2023)
Last sale anchor
$3.23M
Oct 18 2023
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
$326 / 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
$35,238
Tax year 2024
Assessed value
$3,234,000
Assessed 2024
Previous assessed
$3,234,000
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$600,000
Assessed improvement
$2,634,000
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
For Lease
Year built
2007
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
9,950 SF
Lot
0.39 ac (17,061 SF)
Zoning code
BP (PD)
APN
071-1900-001-0000
UPID
US10-3047693
Jurisdiction
SACRAMENTO
Zoning & alternative use
BP (PD) · Folsom, CA
Zoning BP (PD) · permitted uses
BP (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
$2.6M
RESTAURANT
Est. value
$4.7M
OFFICE BUILDING
Est. value
$3.3M
RETAIL STORES
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.3M
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
2007
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Thunder Mountain LLC
Entity
Mailing address
4266 NEW YORK AVE, FAIR OAKS, CA 95628-7065
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2023
$3,234,000
Thunder Mountain LLC
Skejul LLC
Grant Deed
$3,527,000 · First Citizens Bank & Trust Co
Jul 29, 2021
—
Skejul LLC
Joseph Hensler
Grant Deed
$1,350,000 · Five Star Bank
Apr 29, 2015
$2,300,000
Hensler Family Trust
Humbug Creek Partners LLC
Grant Deed
$1,600,000 · Bank Of The West
Feb 20, 2007
—
Humbug Creek Partners LLC
Folsom Creekside LLC
Grant Deed
$2,250,000 · Umpqua 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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