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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2221 Del Paso Rd Sacramento, CA 95835-2220

    • Strip malls
    • 6,310 SF
    • 1.78 lot acres
    OFF-MARKET
    Value Estimations
    $1,260,000
    Show details
    Cap Rate Potential
    8.7%
    Strip malls
    Location Intelligence
    Property ID
    US09-3671539
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Krispy Krunchy Chicken / Chicken Restaurant
    • ATM (Park Place Shell) / Atm
    • Shell / Atm / Car Wash
    • Loop Neighborhood Market / Convenience Store
    • Rafa´s Mexican Food / Mexican Restaurant

    Property Details for 2221 Del Paso Rd

    Year built
    2002
    Construction
    WOOD
    Lot size
    1.78 lot acres
    Property size
    6,310 SF
    Zone code
    SC-PUD
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    225-0040-099-0000
    APU
    22500400990000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,305,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,890,000
      6.5%
      $1,745,000
      7%
      $1,620,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,980,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,870,000
      Change: -6% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,615,000
      Change: -18% Conversion: Difficult
      MEDICAL BUILDING
      $1,605,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.509
    Latitude
    38.6565
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $116,768
    $4,161,600
    $4,192,200
    $8,353,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,380,000
      15,495 SF

      2735 Del Paso Rd

      SHOPPING CENTER, STRIP CENTER • 15,495 SF
      2735 Del Paso Rd, Sacramento, CA 95835-2319
      View Details
    • Value Estimation
      $3,910,000
      15,671 SF

      2050 Clb Ctr Dr

      SHOPPING CENTER, STRIP CENTER • 15,671 SF
      2050 Clb Ctr Dr, Sacramento, CA 95835-1324
      View Details
    • Value Estimation
      $1,455,000
      8,975 SF

      2731 Del Paso Rd

      SHOPPING CENTER, STRIP CENTER • 8,975 SF
      2731 Del Paso Rd, Sacramento, CA 95835-2316
      View Details
    • Value Estimation
      $2,605,000
      13,159 SF

      2701 Del Paso Rd

      SHOPPING CENTER, STRIP CENTER • 13,159 SF
      2701 Del Paso Rd, Sacramento, CA 95835-2305
      View Details
    • Value Estimation
      $760,000
      4,500 SF

      2861 Del Paso Rd

      SHOPPING CENTER, STRIP CENTER • 4,500 SF
      2861 Del Paso Rd, Sacramento, CA 95835-2304
      View Details
    • Value Estimation
      $1,095,000
      6,472 SF

      2761 Del Paso Rd

      SHOPPING CENTER, STRIP CENTER • 6,472 SF
      2761 Del Paso Rd, Sacramento, CA 95835-2317
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Sacramento Commercial Land

      High-traffic freeway frontage retail land.
      0 Nwc Of Del Paso And Interstate 5, Sacramento, CA 95835
      View Details
    • Contact for pricing
      0.69 Acres

      Metro Air Park Drive-Thru Pads

      Sacramento Retail Pads - Prime Location
      0 Metro Air Pkwy And Meister Way, Sacramento, CA 95835
      View Details
    • Contact for pricing
      668.31 Acres

      Sacramento Industrial Land Development Opportunity

      668 Acres Near Metro Air Park & Highway 99
      3287 Elverta Rd, Sacramento, CA 95835
      View Details
    • Contact for pricing

      Land in Metro Air Park

      Land with extensive frontage in Sacramento's Metro Air Park.
      West Elkhorn Blvd. & Metro Air Pkwy, Sacramento, CA 95835
      View Details
    • $3,500,000
      7.18 Acres

      Metro Air Park Industrial Land

      7.18-acre industrial land in Sacramento.
      4210 Elkhorn Blvd, Sacramento, CA 95835
      View Details
    • $10,900,000

      Retail Land I-5 Frontage

      Ready-to-develop retail land with high traffic and visibility.
      Wy Bayou Way N, Sacramento, CA 95835
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16,663 SF

      Natomas Retail Anchor Space Available

      Anchor space in a neighborhood center with major developments nearby.
      2711-2765 Del Paso Rd, Sacramento, CA 95835
      View Details
    • Contact for pricing
      24,726 SF

      Park Place II Retail Center

      Sacramento Retail Space Available Now
      4690-4780 Natomas Blvd, Sacramento, CA 95835
      View Details
    • Contact for pricing
      31,980 SF

      Westlake Shopping Center: Prime Natomas Space

      Sacramento Office/Retail Space: 4,760 SF Available
      3501 Del Paso Rd, Sacramento, CA 95835
      View Details
    • Contact for pricing
      53,800 SF

      Northlake Commons Retail Center

      Sacramento Retail Center - High Growth Area
      0 Waterside Dr, Sacramento, CA 95835
      View Details
    • Contact for pricing
      24,071 SF

      Retail Space in Natomas Boulevard

      High visibility retail and restaurant spaces available near Interstates.
      4770-4780 Natomas Blvd, Sacramento, CA 95835
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Natomas Boulevard

      High-visibility retail space with easy access and abundant parking.
      4740 Natomas Blvd, Sacramento, CA 95835
      View Details

    Property Visit Statistics

    • Visits by month
      19.9k
    • Visitors by month
      14.3k
    • Avg Time on site
      8 min
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    2221 Del Paso Rd
    Sacramento, CA 95835-2220
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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