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Property profile & analytics
FOR LEASE
Office buildings
1847 Iron Point Rd Folsom, CA 95630
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2816970
For Lease
1 / 4
$2,565,000
1847 Iron Point Rd, Folsom, CA 95630
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2014
Construction
WOOD
Total area
7,890 SF
Lot
0.41 ac (17,729 SF)
Zoning code
M-L (PD)
APN
072-3060-008-0000
UPID
US09-2816970
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
-
Covered California Certified Agent Insurance Agency
-
Blue Waters Mortgage & Real Estate Group Real Estate Agency
-
Next Step Coach Inc Consultant
-
Trauma Recovery Psychiatry Center: Ani Behrouzi, PMHNP-BC Physician
-
Elite Restoration Folsom Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.66M
CAP Approach
CAP
$2.03M
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$2.57M
Owner & transaction history
Sc Real Estate Holding Company LLC · 5 yrs held
Sc Real Estate Holding Company LLC
since 2021
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
M-L (PD) · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+41.2%
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
$2,635,000
ML approach
$2,660,000
CAP Approach
CAP Return
Estimation
6%
$2,195,000
6.5%
$2,025,000
7%
$1,880,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,630,000
Current use
RESTAURANT
$3,710,000
Change: +41% · Conversion: Moderate
RETAIL STORES
$2,545,000
Change: -3% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,260,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$2.57M
Range $2.31M – $2.82M · ±10% · vs last sale $2.49M (May 27 2021)
Last sale anchor
$2.49M
May 27 2021
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
$325 / 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
$28,992
Tax year 2024
Assessed value
$2,637,472
Assessed 2024
Previous assessed
$2,637,472
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$636,724
Assessed improvement
$2,000,748
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
For Lease
Year built
2014
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
7,890 SF
Lot
0.41 ac (17,729 SF)
Zoning code
M-L (PD)
APN
072-3060-008-0000
UPID
US09-2816970
Jurisdiction
SACRAMENTO
Zoning & alternative use
M-L (PD) · Folsom, CA
Zoning M-L (PD) · permitted uses
M-L (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
$2.6M
RESTAURANT
Est. value
$3.7M
RETAIL STORES
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2014
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Sc Real Estate Holding Company LLC
Entity
Mailing address
7060 KOLL CTR PKWY STE #330, PLEASANTON, CA 94566-3109
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Aug 26, 2021
—
Sc Real Estate Holding Company LLC
—
Deed
related
$1,413,000 · Wells Fargo Bank NA
May 27, 2021
$2,485,500
Sc Real Estate Holding Company LLC
San Bruno Inn
Grant Deed
—
Jul 6, 2017
—
San Bruno Inn
—
Deed
related
$450,000 · Safe FCU
Jun 7, 2017
$2,175,000
San Bruno Inn
Carlsen Investments LLC
Grant Deed
$550,000 · Safe FCU
Mar 10, 2011
—
Carlsen Investments LLC
1855 Iron Point Investors LLC
Grant Deed
—
Jan 17, 2006
—
1855 Iron Point Invs LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Carlsen Investments LLC
—
Deed Of Trust
related
$656,600 · Wells Fargo Bank
—
—
San Bruno Inn
—
Deed Of Trust
related
$450,000 · Safe FCU
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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