Financial
Distress signals
Property profile

215 N 16Th St Sacramento, CA 95811

FOR LEASE
Manufacturing properties
Property ID
US09-2345375
0.14 ac lot
Last sale May 2021 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in Sacramento’s grower’s district, the property comprises three sites: 200 N 16th Street (Site 200), 211 N 16th Street (Site 211), and 215 N 16th Street (Site 215). Site 200, formerly a produce terminal, is a U-shaped, single-story masonry and wood frame building with approximately 60,814 square feet on a 4.29-acre parcel that includes approximately 1.69 acres of exterior yard space. Site 211, previously used as an office supply building, is a single-story warehouse and office building…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$127k
Assessed land$127k
Effective rate1.43%

Value estimate

· Sep 2026
$2.88M
$2.59M – $3.16M
AI approach$2.97M
NOI build-up
Gross scheduled income$184k
Vacancy & credit loss−$11k
Operating expenses−$52k
NOI · 12,139,900.00% cap applied$121k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$219/SF
Submarket average, outlier-cleaned · 186 recorded sales of this use type
Observed band · Q1–Q3$113 – $354

Cap rate analysis

How does the asset earn?
12,139,900.00%
$121k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2-SPD
JurisdictionSACRAMENTO

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.5
Tailor Shop8.7
Pet Grooming Service8.5

Location

215 N 16Th St Sacramento, CA 95811
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
330 20th, Sacramento, CA 95811-1108 $265,000 Mar 2024 11,200 SF
1610 C, Sacramento, CA 95811-0613 $2,300,000 May 2021 11,823 SF
1616 C, Sacramento, CA 95811-0613 $2,300,000 May 2021 No data
C, Sacramento, CA 95811 $2,300,000 May 2021 No data
255 Dos Rios, Sacramento, CA 95811-0400 $553,500 Feb 2020 6,468 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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