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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Flex space
2420 X St Sacramento, CA 95818-2603
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3135399
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1967
Construction
TILT-UP CONCRETE
Total area
4,680 SF
Lot
0.15 ac (6,400 SF)
Zoning code
RO-SPD
APN
010-0231-008-0000
UPID
US10-3135399
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.13M
Owner & transaction history
2420 X Street LLC · 1 yrs held
2420 X Street LLC
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
RO-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+43.1%
Auto repair, garage
$1.2M
+16.7%
Medical building
$1.2M
+16.1%
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
$1,125,000
ML approach
$1,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,025,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,470,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,195,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$1,190,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,105,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$885,000
Change: -14% · Conversion: Moderate
OFFICE BUILDING
$860,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10% · vs last sale $1.13M (Jul 25 2024)
Last sale anchor
$1.13M
Jul 25 2024
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
$240 / 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
$7,623
Tax year 2024
Assessed value
$564,517
Assessed 2024
Previous assessed
$564,517
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$223,018
Assessed improvement
$341,499
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1967
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
4,680 SF
Lot
0.15 ac (6,400 SF)
Zoning code
RO-SPD
APN
010-0231-008-0000
UPID
US10-3135399
Jurisdiction
SACRAMENTO
Zoning & alternative use
RO-SPD · Sacramento, CA
Zoning RO-SPD · permitted uses
RO-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
INDUSTRIAL (GENERAL) Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$885,000
OFFICE BUILDING
Est. value
$860,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1967
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
2420 X Street LLC
Entity
Mailing address
8518 FAIRMONT WAY, FAIR OAKS, CA 95628-2908
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Jul 25, 2024
$1,125,000
2420 X Street LLC
Timothy W Adams
Grant Deed
$575,000 · Harvest Commercial Capital LLC
Jul 25, 2024
—
2420 X Street LLC
—
Deed
related
$399,000 · California Statewide Certified Developme
Aug 24, 2023
—
Timothy W Adams
—
Deed
related
$550,000 · Socotra Reit I LLC
May 12, 2017
—
Timothy W Adams
—
Deed
related
$350,000 · The Socotra Fund LLC
Jan 12, 2005
—
Adams Timothy W Family Trust
Owner Name Unavailable
Quit Claim Deed
related
—
Jun 18, 2004
$355,000
Adams,tr
Busselen,ronald J & Kathleen M
Grant Deed
—
—
—
Ronald J Busselen
—
Deed Of Trust
related
$201,000 · Sacramento Commercial Bank
—
—
Ronald J Busselen
—
Deed Of Trust
related
$187,000 · Interbay Funding LLC
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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