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Property profile & analytics
OFF-MARKET
Estimated value
$2,840,000
Grocery and convenience stores
2355 Florin Rd Sacramento, CA 95822-4402
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3016584
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1961
Construction
TILT-UP CONCRETE
Total area
27,928 SF
Lot
2.27 ac (98,881 SF)
Zoning code
C-2-EA-4
APN
035-0334-024-0000
UPID
US10-3016584
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
-
Mi Rancho Specialty Food Shop Supermarket
-
Convergence (Bike/Boat/Book/etc) Store
-
Bank of America ATM Atm
-
Western Union Bank Credit Union
-
Amazon Locker - Version Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.88M
Blend (final)
Blend
$2.84M
Owner & transaction history
Song Family Trust · 8 yrs held
Song Family Trust
since 2017
7 recorded transactions
Zoning & alternative use
C-2-EA-4 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.84M
Range $2.56M – $3.12M · ±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
$102 / 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
$35,377
Tax year 2024
Assessed value
$2,425,396
Assessed 2024
Previous assessed
$2,425,396
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$1,798,145
Assessed improvement
$627,251
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
27,928 SF
Lot
2.27 ac (98,881 SF)
Zoning code
C-2-EA-4
APN
035-0334-024-0000
UPID
US10-3016584
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-EA-4 · Sacramento, CA
Zoning C-2-EA-4 · permitted uses
C-2-EA-4 · 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
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.27 ac
Current owner
From public records · entity-resolved
Song Family Trust
Trust
Mailing address
10669 COLOMA RD, RANCHO CORDOVA, CA 95670-4001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Dec 27, 2017
—
Song Family Trust
Song,ki J
Quit Claim Deed
related
—
Dec 29, 2014
—
Ki J Song
Song,mi J
Quit Claim Deed
related
$1,927,500 · Bank Of The West
Mar 8, 2004
$1,815,000
Ki J Song
Ramirez,jose J & Elisa C
Grant Deed
$1,542,750 · Wachovia Commercial Mortgage
Aug 15, 2003
$1,500,000
Jose J Ramirez
Lipe,william E & Lois D
Grant Deed
$750,000 · Cnl Commercial Finance INC
Aug 15, 2003
—
William E Lipe
L & G Enterprises
Grant Deed
related
—
Jun 11, 1999
$558,000
L & G Enterprises
99 Investments Co
Grant Deed
$284,000 · Bank Of America Community Dev
—
—
Ki J Song
—
Deed Of Trust
related
$525,000 · Jose J & Elisa C Ramirez
—
—
L & G Enterprises
—
Deed Of Trust
related
$236,000 · Greater Sacramento Certified
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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