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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Investment properties
2214 21st St Sacramento, CA 95818-1710
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-2583415
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
WOOD
Total area
3,592 SF
Lot
0.39 ac (16,800 SF)
Zoning code
C-2-SPD
APN
010-0155-023-0000
UPID
US09-2583415
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
-
Lead With Intention Consultant
-
Mini Makers™ Preschool High School Daycare Center
-
The Makers Place Daycare Center Foster Care Service
-
Mixon Realty Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.25M
Owner & transaction history
Joel Bosserman · 4 yrs held
Joel Bosserman
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+32.7%
Auto repair, garage
$920,000
+8.2%
Medical building
$915,000
+7.7%
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
$1,305,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$765,000
7%
$710,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$850,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,125,000
Change: +33% · Conversion: Difficult
AUTO REPAIR, GARAGE
$920,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$915,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.23M (Jan 7 2022)
Last sale anchor
$1.23M
Jan 7 2022
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
$348 / 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
$15,132
Tax year 2024
Assessed value
$1,274,490
Assessed 2024
Previous assessed
$1,274,490
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$957,168
Assessed improvement
$317,322
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
1900
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Total area
3,592 SF
Lot
0.39 ac (16,800 SF)
Zoning code
C-2-SPD
APN
010-0155-023-0000
UPID
US09-2583415
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
$850,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$920,000
MEDICAL BUILDING
Est. value
$915,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1900
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Joel Bosserman
Individual
Mailing address
2214 21ST ST, SACRAMENTO, CA 95818-1710
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2022
$1,225,000
Joel Bosserman
Donald Masuda
Grant Deed
$565,000 · Us Bank NA
Jan 7, 2022
—
Joel Bosserman
—
Deed
related
$500,000 · California Statewide Certified Developme
Jun 29, 2021
—
Midtown Covenant Church
—
Deed
related
$6,426,000 · National Covenant Properties
Jun 6, 2017
—
Masuda Living Trust
Masuda,donald
Quit Claim Deed
related
—
Dec 24, 1996
$315,000
Donald Masuda
Norman T Hill Trustee
Grant Deed
—
Jun 8, 1995
$325,000
Hill Trust
Jones & Wallace
Trustees Deed
—
Jun 8, 1995
—
Hill Trust
Jones & Wallace
Trustees Deed
related
—
Oct 2, 1992
$177,000
Bruce D Cameron
Starkey,joseph J
Grant Deed
—
Aug 14, 1990
$100,000
Lloyd E Orr
Ward Phillip L
Grant Deed
—
Aug 14, 1990
$418,000
Phillip L Ward
Brown Gary H
Grant Deed
related
$40,230 · Ollar Realty
Oct 31, 1988
$285,000
Gary H Brown
Rice George A JR
Grant Deed
$150,000 · Rice George A JR
—
—
Joseph J Starkey
—
Deed Of Trust
related
$110,000 · Beneficial Mortgage Co
—
—
Bruce D Cameron
—
Deed Of Trust
related
$30,000 · Holzbauer Gary P
—
—
Bruce D Cameron
—
Deed Of Trust
related
$75,000 · Beneficial California INC
—
—
Bruce D Cameron
—
Deed Of Trust
related
$75,000 · Beneficial Mortgage Co
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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