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Property profile & analytics
OFF-MARKET
Estimated value
$2,670,000
Specialty properties
2350 Florin Rd, Sacramento, CA 95822-4403
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-2376470
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1960
Construction
TILT-UP CONCRETE
Total area
19,567 SF
Lot
1.82 ac (79,279 SF)
Zoning code
C-2-EA-4 C
APN
047-0012-012-0000
UPID
US09-2376470
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
-
LibertyX Bitcoin ATM Atm
-
Sierra Gaming Properties Charitable Organization
-
24th Street Bingo Bingo Hall
-
TNT Fireworks Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$2.67M
Owner & transaction history
24th Street Bingo LLC · 4 yrs held
24th Street Bingo LLC
since 2022
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
C-2-EA-4 C · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+207.1%
Commercial (general)
$3.2M
+187.3%
Medical building
$3.0M
+175.2%
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
$3,250,000
ML approach
$3,280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,390,000
Change: +207% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,170,000
Change: +187% · Conversion: Difficult
MEDICAL BUILDING
$3,040,000
Change: +175% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,160,000
Change: +96% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,110,000
Change: +91% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,930,000
Change: +75% · Conversion: Difficult
OFFICE BUILDING
$1,755,000
Change: +59% · Conversion: Difficult
Blend value · Realmo final
$2.67M
Range $2.40M – $2.94M · ±10% · vs last sale $2.60M (Dec 1 2021)
Last sale anchor
$2.60M
Dec 1 2021
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
$136 / 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
$37,159
Tax year 2024
Assessed value
$2,705,040
Assessed 2024
Previous assessed
$2,705,040
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$1,664,640
Assessed improvement
$1,040,400
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
19,567 SF
Lot
1.82 ac (79,279 SF)
Zoning code
C-2-EA-4 C
APN
047-0012-012-0000
UPID
US09-2376470
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-EA-4 C · Sacramento, CA
Zoning C-2-EA-4 C · permitted uses
C-2-EA-4 C · 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
RESTAURANT
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.8M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.82 ac
Current owner
From public records · entity-resolved
24th Street Bingo LLC
Entity
Mailing address
PO BOX 7608, OREGON HOUSE, CA 95962
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2022
—
24th Street Bingo LLC
Anker Paul Fanoe
Grant Deed
$2,160,000 · First Citizens Bank & Trust Co
Dec 1, 2021
$2,600,000
Anker Paul Fanoe
Sacramento Consolidated Charities
Grant Deed
—
Aug 17, 1990
$575,000
Sacramento Conso
Swanson Harold N
Trustees Deed
$600,000 · Mercantile Bank
—
—
Sacramento Consolidated
—
Deed Of Trust
related
$826,400 · Independent Benefit Supporters
—
—
Sacramento Conso
—
Deed Of Trust
related
—
—
—
Salvage C Unique
—
Deed Of Trust
related
$260,000 · Wells Fargo Bank
—
—
Sacramento Conso
—
Deed Of Trust
related
—
—
—
Consolidated Charit Sacramento
—
Deed Of Trust
related
$570,000 · Farmers & Merchants Bk Lng Bch
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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