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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Office Spaces
2203 Plz Dr Rocklin, CA 95765-4427
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-7214885
Property summary
AI-generated overview
This exceptional single-story medical office building, located at 2203 Plaza Drive in Rocklin, California, presents a fantastic opportunity. The property boasts a total of 5,865 square feet, with 1,821 square feet currently available for lease. Situated in Placer County, this Class B building offers multiple tenancy options, making it ideal for a variety of medical practices or related businesses. The convenient Rocklin location provides easy access for patients and staff alike, with ample parking readily available (parking details not provided). The building's single-story design ensures accessibility and ease of navigation. The address is 2203 Plaza Dr, Rocklin, CA 95765. This property is perfect for medical professionals seeking a well-maintained and conveniently located space to establish or expand their practice. The available space offers a blank canvas for customization, allowing tenants to design their ideal medical office environment. Serious inquiries are encouraged to explore this prime medical office space in a thriving Rocklin community. The property is categorized as Office/Medical and offers a total building size of 5,865 square feet.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2004
Construction
TILT-UP CONCRETE
Total area
5,835 SF
Lot
0.2 ac (8,587 SF)
APN
358-140-011-000
UPID
US09-7214885
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
-
Samsani Elaheh DDS Dental Office
-
Frostad Kenneth B DDS Dental Office
-
Herlin Dyal Prosthodontics Rocklin Dental Office Physician
-
Sierra Periodontal Group Dental Office
-
Pritsky Alexander DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$805k
Owner & transaction history
Shatell Properties INC · 14 yrs held
Shatell Properties INC
since 2011
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Rocklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocklin 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)
$1,080,000
Current use
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$138 / 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
$12,941
Tax year 2024
Assessed value
$1,169,845
Assessed 2024
Previous assessed
$1,169,845
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$406,364
Assessed improvement
$763,481
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Total area
5,835 SF
Lot
0.2 ac (8,587 SF)
APN
358-140-011-000
UPID
US09-7214885
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
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
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
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Shatell Properties INC
Entity
Mailing address
5020 PO BOX 217TH WAY, BROWNSVILLE, OR 97327-0217
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2011
—
Shatell Properties INC
Talcott Farms INC
Grant Deed
—
May 12, 2006
$1,625,000
Talcott Farms INC
2203 Plaza Drive Investors LLC
Grant Deed
—
Dec 29, 2004
—
2203 Plaza Drive Investors LLC
Stanford Ranch Office Plz LLC
Grant Deed
related
$1,050,000 · Bank Of Sacramento
Jun 9, 2004
—
Stanford Ranch Office Plaza
—
Trustees Deed
related
$846,320 · Chaisson Ronald L Trust
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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