Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,365,000
Medical Office Space
2288 Auburn Blvd Sacramento, CA 95821-1618
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0747698
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Construction
STEEL FRAME
Total area
55,798 SF
Lot
3.03 ac (131,986 SF)
Zoning code
SPA
APN
266-0032-001-0000
UPID
US09-0747698
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
-
Mc Cormick Steven D PhD Physician Medical Clinic
-
Capitol Physical Therapy Center Physician
-
Greater Sacramento Surgery Center Medical Clinic
-
Dr. Kenneth O. Phillips, MD Physician Medical Clinic
-
Dr. Jesus A. Garcia, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.44M
CAP Approach
CAP
$13.22M
Comparable Approach
Comparable
$12.88M
Blend (final)
Blend
$10.37M
Owner & transaction history
2288 Auburn LLC · 2 yrs held
2288 Auburn LLC
since 2023
Last sale
$10.5M
7 recorded transactions
Zoning & alternative use
SPA · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$15.9M
+11.9%
Auto repair, garage
$14.3M
+0.5%
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
$11,070,000
ML approach
$9,435,000
CAP Approach
CAP Return
Estimation
6%
$14,320,000
6.5%
$13,220,000
7%
$12,275,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$14,210,000
Current use
APARTMENT HOUSE (5+ UNITS)
$15,895,000
Change: +12% · Conversion: Moderate
AUTO REPAIR, GARAGE
$14,275,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$13,190,000
Change: -7% · Conversion: Easy
INDUSTRIAL (GENERAL)
$12,235,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$10.37M
Range $9.33M – $11.40M · ±10% · vs last sale $10.48M (Aug 9 2023)
Last sale anchor
$10.48M
Aug 9 2023
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
$186 / 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
$127,864
Tax year 2024
Assessed value
$10,475,000
Assessed 2024
Previous assessed
$10,475,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,400,000
Assessed improvement
$8,075,000
Applied tax rate
54.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
2
Total area
55,798 SF
Lot
3.03 ac (131,986 SF)
Zoning code
SPA
APN
266-0032-001-0000
UPID
US09-0747698
Jurisdiction
SACRAMENTO
Zoning & alternative use
SPA · Sacramento, CA
Zoning SPA · permitted uses
SPA · 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
MEDICAL BUILDING Current
Est. value
$14.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.9M
AUTO REPAIR, GARAGE
Est. value
$14.3M
COMMERCIAL (GENERAL)
Est. value
$13.2M
INDUSTRIAL (GENERAL)
Est. value
$12.2M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (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
1990
Construction
STEEL FRAME
Heating
NONE
Stories
2
Buildings
2
Lot
3.03 ac
Current owner
From public records · entity-resolved
2288 Auburn LLC
Entity
Mailing address
804 STILL BREEZE WAY, SACRAMENTO, CA 95831-5549
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Aug 9, 2023
$10,475,000
2288 Auburn LLC
Omni Medical LLC
Grant Deed
$8,380,000 · Bank Of America NA
Mar 6, 2014
$10,134,500
Omni Medical LLC
Massie Family Trust
Grant Deed
$7,300,000 · Barclays Bk/plc
Mar 6, 2014
—
Massie Family Trust
Massie & Co
Quit Claim Deed
related
—
Mar 20, 2006
—
Massie Family Trust
Massie,ricky W & Debra L
Quit Claim Deed
related
—
Dec 31, 2002
$687,500
Massie & Co
Reverse Exchange Properties
Grant Deed
—
Dec 20, 2002
$9,820,000
Massie & Co
Greater Sacramento Medical Plz
Grant Deed
—
Feb 17, 1989
—
Greater Sacramen
—
Grant Deed
related
$6,000,000 · River City Bank
Dec 19, 1988
$1,250,000
Greater Sacramen
Hoseit Max H
Trustees Deed
—
Dec 19, 1988
$100,000
Max H Hoseit
Hkm Inv
Trustees Deed
—
—
—
Massie & Co
—
Deed Of Trust
related
$1,750,000 · Massie Trust
—
—
Greater Sacramento Medical Plz
—
Deed Of Trust
related
$6,300,000 · Us 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.
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 2288 Auburn Blvd?
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.
