Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,525,000
Hospitals
223 Fargo Way Folsom, CA 95630-2961
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-1435651
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2009
Construction
TILT-UP CONCRETE
Total area
54,336 SF
Lot
4.88 ac (212,572 SF)
Zoning code
BP (PD)
APN
071-0031-006-0000
UPID
US09-1435651
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.51M
Comparable Approach
Comparable
$8.82M
Blend (final)
Blend
$9.53M
Owner & transaction history
1300 Campbell Lane Operating Compan
1300 Campbell Lane Operating Compan
since 2025
7 recorded transactions
Zoning & alternative use
BP (PD) · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$15.6M
+10.0%
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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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%
$9,220,000
6.5%
$8,510,000
7%
$7,900,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$14,145,000
Current use
APARTMENT HOUSE (5+ UNITS)
$15,560,000
Change: +10% · Conversion: Moderate
AUTO REPAIR, GARAGE
$14,030,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,690,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$9.53M
Range $8.57M – $10.48M · ±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
$175 / 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
$296,566
Tax year 2024
Assessed value
$27,217,847
Assessed 2024
Previous assessed
$27,217,847
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$3,195,160
Assessed improvement
$24,022,687
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2009
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
54,336 SF
Lot
4.88 ac (212,572 SF)
Zoning code
BP (PD)
APN
071-0031-006-0000
UPID
US09-1435651
Jurisdiction
SACRAMENTO
Zoning & alternative use
BP (PD) · Folsom, CAZoning BP (PD) · permitted uses
BP (PD) · Folsom, CA
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
MEDICAL BUILDING Current
Est. value
$14.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.6M
AUTO REPAIR, GARAGE
Est. value
$14.0M
COMMERCIAL (GENERAL)
Est. value
$12.7M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2009
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
4.88 ac
Current owner
From public records · entity-resolved
1300 Campbell Lane Operating Compan
Individual
Free & Clear · 0 yrs held
Mailing address
1000 URBAN CTR DR STE #501, VESTAVIA, AL 35242-2225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
—
1300 Campbell Lane Operating Compan
Mpt Of Bowling Green Vibra LLC
Deed
—
Sep 13, 2019
$27,900,000
Mpt Of Sacramento-vibra LP
Welltower INC
Grant Deed
—
Oct 3, 2013
—
Health Care Reith INC
Thc-orange County INC
Grant Deed
related
—
Jan 16, 2013
—
Thc-orange County INC
—
Deed Of Trust
related
$100,000,000 · J P Morgan Chase Bank
Sep 17, 1999
—
Vencor Operating INC
Vencor INC
Quit Claim Deed
related
—
Sep 2, 1998
—
Vencor Healthcare INC
Vencor Hospitals California In
Quit Claim Deed
related
—
Jan 13, 1998
—
Vencor Hospitals Of Ca
Vencor Hospitals Of Ca
Quit Claim Deed
related
—
Apr 14, 1995
$3,500,000
Hospitals California Vencor
Folsom Hospital Enterprises
Grant Deed
—
—
—
Thc-orange County INC
—
Deed Of Trust
related
—
—
—
Vencor Perating INC
—
Deed Of Trust
related
$300,000 · Morgan Guaranty Trust Co Ny
—
—
Vencor Perating INC
—
Deed Of Trust
related
$120,000 · Morgan Guaranty Trust Co Ny
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 223 Fargo Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
