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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Office buildings
177 Parkshore Dr Folsom, CA 95630-4728
Entity Owned
~
Est. High Equity
Property ID
US09-2018113
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
WOOD
Total area
2,989 SF
Lot
0.28 ac (12,296 SF)
Zoning code
M-1 (PD)
APN
071-1890-013-0000
UPID
US09-2018113
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
-
Felix Poggemann, Attorney at Law Law Firm Child Welfare Organization
-
West Coast Lumber & Building Material Association Charitable Organization Social Service Agency
-
Brendan Mohr - State Farm Insurance Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$955k
Owner & transaction history
177 Parkshore Properties LLC
177 Parkshore Properties LLC
since 2025
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
M-1 (PD) · Folsom, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$765,000
7%
$710,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$995,000
Current use
RETAIL STORES
$965,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $1.15M (May 29 2025)
Last sale anchor
$1.15M
May 29 2025
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
$320 / 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
$10,337
Tax year 2024
Assessed value
$964,555
Assessed 2024
Previous assessed
$964,555
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$116,418
Assessed improvement
$848,137
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
2,989 SF
Lot
0.28 ac (12,296 SF)
Zoning code
M-1 (PD)
APN
071-1890-013-0000
UPID
US09-2018113
Jurisdiction
SACRAMENTO
Zoning & alternative use
M-1 (PD) · Folsom, CA
Zoning M-1 (PD) · permitted uses
M-1 (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
OFFICE BUILDING Current
Est. value
$995,000
RETAIL STORES
Est. value
$965,000
OFFICE BUILDING Current
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
2007
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
177 Parkshore Properties LLC
Entity
Mailing address
177 PARKSHORE DR, FOLSOM, CA 95630-4728
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Aug 29, 2025
$1,150,000
177 Parkshore Properties LLC
West Coast Lumber & Building Materi
Grant Deed
$920,000 · Banner Bank
Oct 5, 2009
$762,500
Lumber Assn Of Ca & Nevada
Obrien Mark Family Trust
Grant Deed
—
Oct 2, 2009
$9,000
Dromoland Properties LLC
Obrien M Family Trust
Grant Deed
—
Jul 10, 2009
$752,500
Gregotrade LLC
Obrien Mark Family Trust
Grant Deed
—
Jul 10, 2009
—
Obrien Mark Family Trust
Parkshore Gl
Grant Deed
related
—
Jul 9, 2009
—
Obrien Mark Family Trust
Parkshore Gl
Grant Deed
related
—
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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