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Property profile & analytics
OFF-MARKET
Estimated value
$14,345,000
Medical Office Space
1900 Dresden Dr Lincoln, CA 95648-8803
Entity Owned
21-yr Hold
Free & Clear
Property ID
US09-7241940
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Total area
75,138 SF
Lot
10.3 ac (448,668 SF)
APN
329-010-032-000
UPID
US09-7241940
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
-
Carpenter Kathleen Physician Medical Clinic
-
Dr. Sant S. Hundal, MD Pediatrician Physician
-
Dr. A Elise E. Gerstenberger, MD Pediatrician Medical Clinic
-
Dr. Gregory D. Edwards, MD Pediatrician Physician
-
Randall Vernon Thomsen, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.30M
Blend (final)
Blend
$14.35M
Owner & transaction history
Kaiser Foun Health Plan INC · 21 yrs held
Kaiser Foun Health Plan INC
since 2004
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$21.8M
+26.0%
Commercial (general)
$21.2M
+22.6%
Auto repair, garage
$20.2M
+16.8%
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 Lincoln submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$17,285,000
Current use
OFFICE BUILDING
$21,780,000
Change: +26% · Conversion: Easy
COMMERCIAL (GENERAL)
$21,185,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$20,190,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$16,800,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$14.35M
Range $12.91M – $15.78M · ±10%
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
$191 / 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
$299,463
Tax year 2024
Assessed value
$26,651,447
Assessed 2024
Previous assessed
$26,651,447
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$3,664,569
Assessed improvement
$22,986,878
Applied tax rate
3.0000
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
Off-Market
Year built
2006
Heating
NONE
Total area
75,138 SF
Lot
10.3 ac (448,668 SF)
APN
329-010-032-000
UPID
US09-7241940
Jurisdiction
PLACER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$17.3M
OFFICE BUILDING
Est. value
$21.8M
COMMERCIAL (GENERAL)
Est. value
$21.2M
AUTO REPAIR, GARAGE
Est. value
$20.2M
RETAIL STORES
Est. value
$16.8M
MEDICAL BUILDING Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2006
Heating
NONE
Lot
10.3 ac
Current owner
From public records · entity-resolved
Kaiser Foun Health Plan INC
Entity
Free & Clear · 21 yrs held
Mailing address
1 KAISER PLZ FL 15TH, OAKLAND, CA 94612-3604
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2004
—
Kaiser Foun Health Plan INC
Placer Holdings INC
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.
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