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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Retail space
2400 J St Sacramento, CA 95816-4806
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-3108432
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Construction
TILT-UP CONCRETE
Total area
7,663 SF
Lot
0.29 ac (12,800 SF)
Zoning code
C-2-SPD
APN
007-0101-001-0000
UPID
US09-3108432
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
-
Relles Florist (Bike/Boat/Book/etc) Store Florist
-
Sacramento Wholesale Flowers Big Box & Wholesale Store
-
Arberesh of Sacramento Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.83M
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.54M
Owner & transaction history
2400 J Street LLC · 3 yrs held
2400 J Street LLC
since 2022
7 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.4M
+21.0%
Office building
$2.2M
+10.7%
Commercial (general)
$2.0M
+1.7%
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%
$1,980,000
6.5%
$1,830,000
7%
$1,700,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,985,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,405,000
Change: +21% · Conversion: Moderate
OFFICE BUILDING
$2,200,000
Change: +11% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,020,000
Change: +2% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,960,000
Change: -1% · Conversion: Difficult
MEDICAL BUILDING
$1,950,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±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
$200 / 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
$25,953
Tax year 2024
Assessed value
$1,938,000
Assessed 2024
Previous assessed
$1,938,000
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,632,000
Assessed improvement
$306,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
7,663 SF
Lot
0.29 ac (12,800 SF)
Zoning code
C-2-SPD
APN
007-0101-001-0000
UPID
US09-3108432
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-SPD · Sacramento, CA
Zoning C-2-SPD · permitted uses
C-2-SPD · 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
RETAIL STORES Current
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.0M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL 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
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
2400 J Street LLC
Entity
Mailing address
2400 J ST, SACRAMENTO, CA 95816-4806
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
—
2400 J Street LLC
2400 J Street Partnership
Intrafamily Transfer
related
—
Jul 22, 2014
—
2400 J Street Ptshp
Relles M H 1985 Trust
Quit Claim Deed
—
Jan 9, 2014
—
Relles,margaret H 1985 Trust
Relles,margaret H
Quit Claim Deed
related
—
Apr 23, 2004
—
Margaret H Relles
Relles,tr
Quit Claim Deed
related
—
Jan 8, 2004
—
R T Relles
Relles,margaret H
Quit Claim Deed
related
—
Dec 30, 2003
—
R T Relles
Relles,margaret H
Quit Claim Deed
related
—
Dec 29, 1993
$33,000
Relles,r T
Relles,margaret
Trustees Deed
related
—
Dec 28, 1993
—
Margaret H Relles
Relles Trust
Quit Claim Deed
related
—
Jan 7, 1992
$28,500
R Thomas Relles
Relles,margaret
Grant Deed
related
—
Jan 3, 1992
$28,500
R Thomas Relles
Relles,margaret
Grant Deed
related
—
Feb 5, 1988
—
R/relles Relles
Relles R Thomas/
Quit Claim Deed
related
—
—
—
Relles,tr
—
Deed Of Trust
related
$300,000 · Conocophillips Co
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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