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Property profile & analytics
OFF-MARKET
Estimated value
$3,225,000
Distribution centers
2381 Gold Riv Rd Ste A Rancho Cordova, CA 95670-4564
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2646467
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2006
Construction
TILT-UP CONCRETE
Total area
20,143 SF
Lot
1.3 ac (56,628 SF)
Zoning code
M-2
APN
069-0140-036-0000
UPID
US09-2646467
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
-
Division 5-15 Inc Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.67M
CAP Approach
CAP
$2.38M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.23M
Owner & transaction history
Summit Gold Enterprises LP · 4 yrs held
Summit Gold Enterprises LP
since 2021
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
M-2 · Rancho Cordova, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.2M
+57.8%
Auto repair, garage
$5.2M
+56.5%
Commercial (general)
$4.7M
+41.6%
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
Method
Estimation
Statistic approach
$3,700,000
ML approach
$3,665,000
CAP Approach
CAP Return
Estimation
6%
$2,575,000
6.5%
$2,375,000
7%
$2,205,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,325,000
Current use
MEDICAL BUILDING
$5,245,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,200,000
Change: +57% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,705,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$4,635,000
Change: +39% · Conversion: Moderate
Blend value · Realmo final
$3.23M
Range $2.90M – $3.55M · ±10% · vs last sale $3.20M (Oct 27 2021)
Last sale anchor
$3.20M
Oct 27 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
$160 / 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
$40,249
Tax year 2024
Assessed value
$3,324,078
Assessed 2024
Previous assessed
$3,324,078
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$468,180
Assessed improvement
$2,855,898
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
20,143 SF
Lot
1.3 ac (56,628 SF)
Zoning code
M-2
APN
069-0140-036-0000
UPID
US09-2646467
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$5.2M
AUTO REPAIR, GARAGE
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$4.7M
RETAIL STORES
Est. value
$4.6M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.3 ac
Current owner
From public records · entity-resolved
Summit Gold Enterprises LP
Entity
Mailing address
3235 SUNRISE BLVD STE #6, RANCHO CORDOVA, CA 95742-7306
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Aug 26, 2024
—
Summit Gold Enterprises LP
—
Deed
related
$2,100,000 · Westamerica Bank
Oct 27, 2021
$3,195,000
Summit Gold Enterprises LP
Osborn Properties LLC
Grant Deed
$2,869,500 · Enterprise Bank & Trust
Aug 15, 2016
—
Osborn Properties LLC
—
Deed
related
$1,564,500 · Bank Of The West
Jan 16, 2008
—
Osborn Properties LLC
Osborn,tony & Sandra
Quit Claim Deed
$2,037,300 · First Bank
Jan 5, 2001
$418,000
Tony Osborn
Davis Trust
Grant Deed
$317,500 · Seller
Apr 13, 1994
—
Davis Trust
Davis,devin B &
Quit Claim Deed
related
—
—
—
Osborn Properties LLC
—
Deed Of Trust
related
$1,564,500 · Bank Of The West
—
—
Tony Osborn
—
Deed Of Trust
related
$410,000 · Five Star Bank
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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