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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Investment properties
2200 L St Sacramento, CA 95816-4927
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-1042531
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1902
Construction
WOOD
Total area
2,555 SF
Lot
0.07 ac (3,200 SF)
Zoning code
RO-SPD
APN
007-0153-003-0000
UPID
US09-1042531
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
-
Ajay Reed Physician
-
Heather Schnier Johnson Mental Health Service Counselor
-
The Vintage Barberman Barber Shop
-
Laura Tabet Laura Tabet Counselor
-
Just another WordPress site – Just another WordPress site Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$611k
Blend (final)
Blend
$605k
Owner & transaction history
Eric D Rasmusson · 8 yrs held
Eric D Rasmusson
since 2018
6 recorded transactions
Zoning & alternative use
RO-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$800,000
+19.0%
Office building
$735,000
+8.8%
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 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
$410,000
CAP Approach
CAP Return
Estimation
6%
$590,000
6.5%
$540,000
7%
$505,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$675,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$800,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$735,000
Change: +9% · Conversion: Easy
RETAIL STORES
$660,000
Change: -2% · Conversion: Easy
AUTO REPAIR, GARAGE
$655,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$650,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$237 / 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
$13,991
Tax year 2024
Assessed value
$1,020,000
Assessed 2024
Previous assessed
$1,020,000
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$510,000
Assessed improvement
$510,000
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
1902
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Total area
2,555 SF
Lot
0.07 ac (3,200 SF)
Zoning code
RO-SPD
APN
007-0153-003-0000
UPID
US09-1042531
Jurisdiction
SACRAMENTO
Zoning & alternative use
RO-SPD · Sacramento, CA
Zoning RO-SPD · permitted uses
RO-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
$675,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$800,000
OFFICE BUILDING
Est. value
$735,000
RETAIL STORES
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$655,000
MEDICAL BUILDING
Est. value
$650,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL 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
1902
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Eric D Rasmusson
Individual
Mailing address
2200 L ST, SACRAMENTO, CA 95816-4927
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2022
—
2200 L Street LLC
—
Deed
related
$1,000 · Htin LLC
May 9, 2018
$218,500
Eric D Rasmusson
Holloway Land Co
Grant Deed
$487,500 · Horn Family Trust (pt)
Feb 13, 2003
—
Eric D Rasmusson
Rasmusson,patricia
Quit Claim Deed
related
$380,000 · Westamerica Bank
Jul 17, 2000
—
Jack T Molodanof
Molodanof,marque N
Quit Claim Deed
related
—
Jul 17, 2000
$325,000
Holloway Land Co
Peck,elsa S
Trustees Deed
$286,500 · Us Bank NA
—
—
Holloway Land Co
—
Deed Of Trust
related
$75,000 · Wells Fargo Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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