Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1811 Merkley Ave, Unit 13 West Sacramento, CA 95691-3160

    • Apartment buildings
    • 2,950 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimations
    $565,000
    Show details
    Cap Rate Potential
    7.2%
    Apartment buildings
    Location Intelligence
    Property ID
    US09-2325202
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1811 Merkley Ave

    Year built
    1954
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Property size
    2,950 SF
    Zone code
    R1A
    Property type
    Apartment buildings
    APN
    067-270-017-000
    APU
    67270017000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $530,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $640,000
      6.5%
      $590,000
      7%
      $550,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $569,000
      Market price range: $77.0k - $570k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $730,000
      Current use
      OFFICE BUILDING
      $880,000
      Change: +20% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $865,000
      Change: +18% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $630,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    West Sacramento
    County
    Yolo
    State
    California
    Longitude
    -121.533
    Latitude
    38.5789
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,446
    $214,439
    $1,056,994
    $1,271,433
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $765,000
      0.90 Acres

      490 Ml St

      APARTMENT HOUSE (5+ UNITS) • 0.90 Acres
      490 Ml St, West Sacramento, CA 95691-3354
      View Details
    • Value Estimation
      $4,040,000
      26,740 SF

      500 Gdn St

      APARTMENT HOUSE (5+ UNITS) • 26,740 SF
      500 Gdn St, West Sacramento, CA 95691-2867
      View Details
    • Value Estimation
      $1,475,000
      12,480 SF

      1500 Madrone Ave

      APARTMENT HOUSE (5+ UNITS) • 12,480 SF
      1500 Madrone Ave, West Sacramento, CA 95691-2693
      View Details
    • Value Estimation
      $1,005,000
      7,728 SF

      570 Maple St

      APARTMENT HOUSE (5+ UNITS) • 7,728 SF
      570 Maple St, West Sacramento, CA 95691-2464
      View Details
    • Value Estimation by Request
      1.36 Acres

      821 Pecan St, Unit 859

      APARTMENT HOUSE (5+ UNITS) • 1.36 Acres
      821 Pecan St, West Sacramento, CA 95691-3054
      View Details
    • Value Estimation
      $9,755,000
      86,140 SF

      250 Touchstone Pl

      APARTMENT HOUSE (100+ UNITS) • 86,140 SF
      250 Touchstone Pl, West Sacramento, CA 95691-4616
      View Details

    Similar Nearby for Sale

    • $10,495,000
      32,566 SF

      Westfield Village: 19 Duplex Portfolio

      West Sacramento multifamily investment opportunity.
      0 Madrone Ave, West Sacramento, CA 95691
      View Details
    • $5,923,000
      7.77 Acres

      Bridge District Residential Land

      7.77 Acres, High-Density Potential
      800 Delta Ln, West Sacramento, CA 95691
      View Details
    • $5,047,000
      30,587 SF

      West Sacramento Industrial Property

      30,587 SF Mixed-Use Warehouse, $5M
      31 15Th St, West Sacramento, CA 95691
      View Details
    • Contact for pricing
      6,789 SF

      West Sacramento Warehouse with Yard

      6,798 SF warehouse on 0.52 acres with large yard.
      918 Soule St, West Sacramento, CA 95691
      View Details
    • $7,690,000
      18,943 SF

      West Sacramento Warehouse - $7.69M

      Modern Warehouse, 18,943 SF, Owner/User
      1635 Cebrian St, West Sacramento, CA 95691
      View Details
    • Contact for pricing
      200,852 SF

      West Sacramento Warehouse and Distribution

      200,852 SF warehouse with truck maintenance shop.
      3500 Carlin Dr, West Sacramento, CA 95691
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,975 SF

      Southport Town Center Retail Spaces

      West Sacramento retail spaces, 1,300-4,675 sq ft.
      2050 Town Center Plz, West Sacramento, CA 95691
      View Details
    • $0.82 SF/Yr
      4,843 SF

      West Sacramento Flex/Industrial Space

      Freeway-fronting flex/industrial space in a business-friendly West Sacramento location.
      3410 Industrial Blvd, West Sacramento, CA 95691
      View Details
    • $2 SF/Yr
      1,075 SF

      West Sacramento Suites For Rent

      Suites available in West Sacramento with mixed-use zoning.
      3120 Freeboard Dr, West Sacramento, CA 95691
      View Details
    • Contact for pricing

      West Sacramento Commercial Land Parcel

      1.2-Acre Commercial Land, Prime Location
      2272 Lake Washington Blvd, West Sacramento, CA 95691
      View Details
    • Contact for pricing
      414,741 SF

      West Sacramento Class A Warehouse

      Large industrial warehouse space available for lease.
      3100 Ramco St, West Sacramento, CA 95691
      View Details
    • $11 SF/Yr
      30,587 SF

      West Sacramento Warehouse - 30,587 SF

      Single-tenant warehouse, prime West Sacramento location.
      31 15Th St, West Sacramento, CA 95691
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1811 Merkley Ave, Unit 13
    West Sacramento, CA 95691-3160
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.