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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Industrial properties
2323 Lexington St Sacramento, CA 95815-3215
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3236526
Property profile
Verified
Property type
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Year built
1966
Construction
TILT-UP CONCRETE
Total area
16,340 SF
Lot
0.71 ac (30,938 SF)
Zoning code
RMX
APN
277-0082-010-0000
UPID
US10-3236526
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
-
William E Carter Co Inc Company
-
Land Shark Delivery Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$512k
Blend (final)
Blend
$520k
Owner & transaction history
Fletcher Family Limited Partnership · 10 yrs held
Fletcher Family Limited Partnership
since 2015
7 recorded transactions
Zoning & alternative use
RMX · Sacramento, CA
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 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
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$32 / 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
$12,642
Tax year 2024
Assessed value
$911,055
Assessed 2024
Previous assessed
$911,055
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$174,085
Assessed improvement
$736,970
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
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Status
Off-Market
Year built
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Total area
16,340 SF
Lot
0.71 ac (30,938 SF)
Zoning code
RMX
APN
277-0082-010-0000
UPID
US10-3236526
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.
Building & site characteristics
From public records
Year built
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Lot
0.71 ac
Current owner
From public records · entity-resolved
Fletcher Family Limited Partnership
Entity
Mailing address
219 BURNS DR, YUBA CITY, CA 95991-7235
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2015
$785,000
Fletcher Family Limited Partnership
Oded Schwartz
Grant Deed
$667,200 · Wells Fargo Bank NA
Apr 27, 2007
—
Schwartz Oded 2000 Trust
Dierssen Family
Grant Deed
—
Sep 3, 2004
—
George E Dierssen III
Dierssen,joanne
Quit Claim Deed
$960,000 · Umpqua Bk
—
—
Schwartz,oe & Rosenthal R Trust
—
Loan Modification
related
—
—
—
Ama Investments
—
Deed Of Trust
related
$315,000 · Wells Fargo Bank
—
—
George E Dierssen III
—
Deed Of Trust
related
$62,191 · Delucchi Property Management
—
—
Donald C Carter
—
Deed Of Trust
related
$218,000 · Bay Area Emp Development
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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