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Property profile & analytics
FOR SALE
Medical Office Space
1820 Avondale Ave 3 Sacramento, CA 95825
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2065705
For Sale
1 / 4
$255,000
1820 Avondale Ave,Unit 3, Sacramento, CA 95825
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1975
Construction
WOOD
Total area
1,065 SF
Lot
0.02 ac (1,065 SF)
Zoning code
BP
APN
279-0241-055-0000
UPID
US09-2065705
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Emerald Iguana Ventures LLC · 1 yrs held
Emerald Iguana Ventures LLC
since 2025
Last sale
$215,000
7 recorded transactions
Zoning & alternative use
BP · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,086
Tax year 2024
Assessed value
$241,740
Assessed 2024
Previous assessed
$241,740
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$40,800
Assessed improvement
$200,940
Applied tax rate
54.0000
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 Sale
Year built
1975
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
1,065 SF
Lot
0.02 ac (1,065 SF)
Zoning code
BP
APN
279-0241-055-0000
UPID
US09-2065705
Jurisdiction
SACRAMENTO
Zoning & alternative use
BP · Sacramento, CA
Zoning BP · permitted uses
BP · 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.
Building & site characteristics
From public records
Year built
1975
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.02 ac
Current owner
From public records · entity-resolved
Emerald Iguana Ventures LLC
Entity
Free & Clear · 1 yrs held
Mailing address
7773 W CARDINAL DR, BOISE, ID 83714-9001
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2025
$215,000
Emerald Iguana Ventures LLC
Eric Meyer
Grant Deed
—
Nov 23, 2022
$175,000
Anna Semenenko
Maximus Development INC
Grant Deed
—
Nov 23, 2022
$237,000
Eric Meyer
Anna Semenenko
Grant Deed
$201,450 · First Citizens Bank & Trust Co
Feb 1, 2017
—
Maximus Dev INC
—
Deed
related
$116,000 · Bank Of America
Aug 4, 2016
$115,000
Maximus Dev INC
Zhang M Z & Liang E Y Trust
Grant Deed
—
Jun 2, 2008
—
Zhang M Z & Liang E Y Trust
Zhang,mark Z
Quit Claim Deed
related
—
Jun 9, 2004
$168,000
Mark Z Zhang
Raskin,paul D & Patricia A
Grant Deed
$178,200 · First Northern Bank
Jun 16, 1992
$87,500
Paul D Raskin
Security Trust
Grant Deed
$58,000 · Sacramento Commercial Bank
Jan 23, 1992
—
Raskin Paul D
Trust #1845
Grant Deed
related
—
—
—
Maximus Dev INC
—
Deed Of Trust
related
$116,000 · Bank Of America
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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