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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Investment properties
2011 P St Sacramento, CA 95811-5225
Trust Owned
13-yr Hold
Free & Clear
Property ID
US09-0877955
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1906
Construction
WOOD
Total area
4,772 SF
Lot
0.15 ac (6,400 SF)
Zoning code
C-2-SPD
APN
007-0246-009-0000
UPID
US09-0877955
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
-
Lash by Ash Hair Salon Nail Salon
-
Nilsson Karin E Physician Medical Clinic
-
Lisa Wetzel, LCSW Counseling for Individuals and Couples Psychotherapist
-
Insight Financial Group Consultant
-
Monarch Acupuncture & Wellness Medical Clinic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$935k
Blend (final)
Blend
$720k
Owner & transaction history
Reese & Cole Trust · 13 yrs held
Reese & Cole Trust
since 2012
7 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+0.2%
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 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
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
COMMERCIAL (GENERAL)
$1,130,000
Current use
OFFICE BUILDING
$1,130,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$151 / 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
$11,081
Tax year 2024
Assessed value
$812,493
Assessed 2024
Previous assessed
$812,493
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$283,630
Assessed improvement
$528,863
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1906
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Total area
4,772 SF
Lot
0.15 ac (6,400 SF)
Zoning code
C-2-SPD
APN
007-0246-009-0000
UPID
US09-0877955
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-SPD · Sacramento, CA
Zoning C-2-SPD · permitted uses
C-2-SPD · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1906
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Reese & Cole Trust
Trust
Free & Clear · 13 yrs held
Mailing address
2011 P ST, SACRAMENTO, CA 95811-5225
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2012
—
Reese & Cole Trust
Reese,daisy
Quit Claim Deed
related
—
Jun 2, 2008
—
Peter H Cole
Reese,daisy A
Grant Deed
related
$415,000 · Ironstone Bank
Jan 17, 2003
—
Daisy A Reese
Reese,daisy A
Quit Claim Deed
related
—
Jun 22, 2001
$550,000
Daisy A Reese
Lewis,kathleen M
Grant Deed
$495,000 · Us Bank NA
Jun 22, 2001
—
Daisy A Reese
Cole,peter H
Grant Deed
related
—
Nov 21, 2000
—
Kathleen M Lewis
Lewis,richard A
Quit Claim Deed
related
$325,000 · Feather River State Bank
Aug 21, 1998
$265,000
Lewis,richard A
Chong Trust
Trustees Deed
—
Aug 21, 1998
—
Richard A Lewis
Lewis,kathleen
Quit Claim Deed
related
—
Nov 26, 1996
—
Chong Trust
Chong,carmen L
Quit Claim Deed
related
—
May 6, 1996
$124,500
Carmen L Chong
Nunenkamp,ann L
Grant Deed
related
—
Oct 8, 1991
—
Carmen L Chong
Ghong,carmen L
Grant Deed
$200,000 · Topa Thrift & Loan
Dec 31, 1990
$72,500
Ann L Chong
Chong Carmen L
Grant Deed
related
$62,500 · Seller
Aug 31, 1990
$290,500
Carmen L Chong
Winsor Paul
Grant Deed
related
—
—
—
Richard A Lewis
—
Deed Of Trust
related
$300,000 · Individual
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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