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Property profile & analytics
OFF-MARKET
Assisted living facilities
2290 Cormorant Dr, Fairfield, CA 94533-2541
Individually Owned
4-yr Hold
Property ID
US09-1132154
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1971
Total area
1,608 SF
Lot
0.21 ac (9,147 SF)
APN
0169-160-110
UPID
US09-1132154
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Clement Lim · 4 yrs held
Clement Lim
since 2022
Last sale
$135,000
7 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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,648
Tax year 2023
Assessed value
$235,357
Assessed 2024
Previous assessed
$230,743
+2.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$48,177
Assessed improvement
$187,180
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1971
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
6
Rooms
11
Bathrooms
2
Total area
1,608 SF
Lot
0.21 ac (9,147 SF)
APN
0169-160-110
UPID
US09-1132154
Jurisdiction
SOLANO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
6
Rooms
11
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Clement Lim
Individual
Mailing address
501 ALBORAN SEA CIR, SACRAMENTO, CA 95834-7543
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2022
—
Clement Lim
Clement Lim
Intrafamily Transfer
related
—
Dec 4, 2020
—
Clement C Lim
—
Deed
related
$152,000 · Quicken Loans LLC
Oct 18, 2013
—
Richmond Cua
Cua,cristine J
Quit Claim Deed
related
$140,000 · First California Mortgage Co
Aug 27, 2012
—
Clement Lim
Lim,aida
Quit Claim Deed
related
—
Aug 27, 2012
$135,000
Richmond Cua
Momeni,rowena
Grant Deed
—
Oct 20, 2006
$515,000
Rowena Momeni
Perez,mauricio & Susana
Grant Deed
$412,000 · Impac Lending Group
Oct 14, 2005
—
Mauricio Perez
Perez,mauricio
Quit Claim Deed
related
$100,000 · Felipe Ted & Lolita Trust
Aug 8, 2005
$430,000
Mauricio Perez
Paulo Leonardo Capina
Grant Deed
$387,000 · Argent Mortgage Company LLC
Mar 20, 2002
$220,000
Paulo L Capina
Cook,alexander M
Grant Deed
$175,960 · World Savings Bank
Mar 1, 1996
$120,000
Alexander M Cook
Beck Trust
Grant Deed
$119,939 · First Priority Financial
—
—
Alexander M Cook
—
Deed Of Trust
related
$34,900 · Trust One Mortgage Corp
—
—
Paulo L Capina
—
Deed Of Trust
related
$252,000 · Accredited Home Lenders
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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