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Property profile & analytics
OFF-MARKET
Estimated value
$1,505,000
Flex space
2337 Lexington St Sacramento, CA 95815-3215
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-3203373
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1973
Construction
TILT-UP CONCRETE
Total area
8,424 SF
Lot
0.4 ac (17,615 SF)
Zoning code
RMX
APN
277-0082-011-0000
UPID
US09-3203373
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
-
D&M Traffic Control Services Building Supply General Contractor
-
Winslow Repro-Graphics Inc (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.52M
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.51M
Owner & transaction history
Lionheart Enterprises Holdings LLC · 2 yrs held
Lionheart Enterprises Holdings LLC
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
RMX · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.5M
+35.7%
Auto repair, garage
$2.2M
+18.9%
Medical building
$2.1M
+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
$1,640,000
ML approach
$1,515,000
CAP Approach
CAP Return
Estimation
6%
$1,065,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,810,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,460,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,155,000
Change: +19% · Conversion: Easy
MEDICAL BUILDING
$2,145,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,990,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$1,465,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.51M
Range $1.35M – $1.66M · ±10% · vs last sale $1.25M (Sep 8 2023)
Last sale anchor
$1.25M
Sep 8 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
$179 / 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
$14,965
Tax year 2024
Assessed value
$1,250,000
Assessed 2024
Previous assessed
$1,250,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$140,000
Assessed improvement
$1,110,000
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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
8,424 SF
Lot
0.4 ac (17,615 SF)
Zoning code
RMX
APN
277-0082-011-0000
UPID
US09-3203373
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
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.5M
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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
0.4 ac
Current owner
From public records · entity-resolved
Lionheart Enterprises Holdings LLC
Entity
Mailing address
2337 LEXINGTON ST, SACRAMENTO, CA 95815-3215
Mailing matches property
Yes
Owner-occupied
Yes
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
Sep 8, 2023
$1,250,000
Lionheart Enterprises Holdings LLC
Rd Cooper Sacramento LLC
Grant Deed
$999,900 · Us Bank NA
Sep 2, 2020
—
Rd Cooper Sacramento LLC
—
Deed
related
$495,000 · Pinnacle Bk
Aug 14, 2020
$990,000
Rd Cooper Sacramento LLC
Hartsock Investments LLC
Grant Deed
$495,000 · Pinnacle Bk
Oct 7, 2014
—
Hartsock Investments LLC
Washburn Investments LLC
Grant Deed
$237,500 · Us Bank NA
Jun 17, 2013
$22,000
Washburn Investments LLC
Zalar,louis R & Dorathy M
Deed In Lieu Of Foreclosure
related
—
—
—
Louis R Zalar
—
Deed Of Trust
related
$340,000 · Socotra Income Fund LLC
—
—
Zalar Louis R
—
Deed Of Trust
related
$476,000 · Bank Of California
—
—
Louis R Zalar
—
Deed Of Trust
related
$360,360 · Bank Of America
—
—
Louis R Zalar
—
Deed Of Trust
related
$2,800 · Oconnor Mortgage Inv INC
—
—
Louis R Zalar
—
Deed Of Trust
related
$22,000 · Washburn Investments LLC
—
—
Rd Cooper Sacramento LLC
—
Deed Of Trust
related
$495,000 · Pinnacle Bk
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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