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Property profile & analytics
OFF-MARKET
Estimated value
$2,905,000
Warehouses
2340 Gold Riv Rd Rancho Cordova, CA 95670-4433
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2642057
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Total area
42,100 SF
Lot
2.67 ac (116,305 SF)
Zoning code
M-2
APN
069-0031-014-0000
UPID
US09-2642057
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
-
WAP Auto Repair Shop
-
Henry's Street Rods Auto Repair Shop
-
The Auto Swap Department Store
-
Always Sierra Insurance Services Insurance Agency
-
MB Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.91M
Owner & transaction history
Michael Wayne Lorenz · 4 yrs held
Michael Wayne Lorenz
since 2022
5 recorded transactions
Zoning & alternative use
M-2 · Rancho Cordova, 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 Rancho Cordova submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rancho Cordova 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
$69 / 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
$31,798
Tax year 2024
Assessed value
$2,595,347
Assessed 2024
Previous assessed
$2,595,347
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$720,426
Assessed improvement
$1,874,921
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Heating
NONE
Buildings
2
Stories
1
Total area
42,100 SF
Lot
2.67 ac (116,305 SF)
Zoning code
M-2
APN
069-0031-014-0000
UPID
US09-2642057
Jurisdiction
SACRAMENTO
Zoning & alternative use
M-2 · Rancho Cordova, CA
Zoning M-2 · permitted uses
M-2 · Rancho Cordova, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rancho Cordova. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Stories
1
Buildings
2
Lot
2.67 ac
Current owner
From public records · entity-resolved
Michael Wayne Lorenz
Individual
Mailing address
5325 MCMILLAN DR, FAIR OAKS, CA 95628-3726
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2022
—
Michael Wayne Lorenz
Michael Wayne Lorenz
Intrafamily Transfer
related
$512,000 · Westamerica Bank
Jan 10, 2005
—
Wayne Lorenz
Lorenz,stephanie
Quit Claim Deed
related
—
Mar 20, 2001
—
Sally I Roguo
Roguo,sally I
Quit Claim Deed
related
—
—
—
Sally I Lorenz
—
Deed Of Trust
related
$66,995 · Lorenz Kenneth W
—
—
Wayne Lorenz
—
Deed Of Trust
related
$800,000 · Western Adventist Foundation
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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