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Property profile & analytics
OFF-MARKET
Estimated value
$1,865,000
Flex space
2310 Lexington St Sacramento, CA 95815-3216
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3079720
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1977
Construction
TILT-UP CONCRETE
Total area
10,000 SF
Lot
0.95 ac (41,205 SF)
Zoning code
RMX
APN
277-0083-008-0000
UPID
US10-3079720
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
-
Virginia flieg Campground & RV Park
-
Caliber Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$2.23M
Blend (final)
Blend
$1.87M
Owner & transaction history
Kjbk Lexington LLC · 8 yrs held
Kjbk Lexington LLC
since 2018
6 recorded transactions
Zoning & alternative use
RMX · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.9M
+35.7%
Auto repair, garage
$2.6M
+18.9%
Medical building
$2.5M
+18.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,265,000
6.5%
$1,170,000
7%
$1,085,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,150,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,920,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,560,000
Change: +19% · Conversion: Easy
MEDICAL BUILDING
$2,545,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,365,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$1,735,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.87M
Range $1.68M – $2.05M · ±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
$187 / 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
$23,267
Tax year 2024
Assessed value
$1,874,066
Assessed 2024
Previous assessed
$1,874,066
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$298,956
Assessed improvement
$1,575,110
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
10,000 SF
Lot
0.95 ac (41,205 SF)
Zoning code
RMX
APN
277-0083-008-0000
UPID
US10-3079720
Jurisdiction
SACRAMENTO
Zoning & alternative use
RMX · Sacramento, CA
Zoning RMX · permitted uses
RMX · 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
INDUSTRIAL (GENERAL) Current
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.7M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE 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
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
Kjbk Lexington LLC
Entity
Mailing address
3155 SANTA MARIA DR, CONCORD, CA 94518-2815
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2018
$1,680,000
Kjbk Lexington LLC
Wood Brothers Properties LLC
Grant Deed
—
Dec 6, 2016
—
Wood Brothers Properties LLC
—
Deed
related
$12,976,000 · Umpqua Bank
Oct 12, 2004
$1,200,000
Wood Brothers Properties LLC
Grinzewitsch,george
Grant Deed
$850,000 · Wells Fargo Bank
Sep 11, 1989
$443,500
George Grinzewitsch
Rayn Cornelius J
Grant Deed
$150,000 · Rayn Cornelius J
—
—
George Grinzewitsch
—
Deed Of Trust
related
$225,000 · Central Valley Community Bank
—
—
George Grinzewitsch
—
Deed Of Trust
related
$270,000 · Us Bank Of California
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
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