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Property profile & analytics
OFF-MARKET
Estimated value
$6,835,000
Community centers
2424 Msn Ave Carmichael, CA 95608-4911
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3225206
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1966
Construction
TILT-UP CONCRETE
Total area
53,563 SF
Lot
4.34 ac (189,050 SF)
Zoning code
SC
APN
282-0030-001-0000
UPID
US09-3225206
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
-
Teresa's Nails Nail Salon
-
TNT Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.84M
Owner & transaction history
Dane Yip · 1 yrs held
Dane Yip
since 2024
7 recorded transactions
Zoning & alternative use
SC · Carmichael, 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 Carmichael submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmichael 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$128 / 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
$31,556
Tax year 2024
Assessed value
$2,560,000
Assessed 2024
Previous assessed
$2,560,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,500,000
Assessed improvement
$1,060,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
53,563 SF
Lot
4.34 ac (189,050 SF)
Zoning code
SC
APN
282-0030-001-0000
UPID
US09-3225206
Jurisdiction
SACRAMENTO
Zoning & alternative use
SC · Carmichael, CA
Zoning SC · permitted uses
SC · Carmichael, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carmichael. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
4.34 ac
Current owner
From public records · entity-resolved
Dane Yip
Individual
Free & Clear · 1 yrs held
Mailing address
2888 SMOKE TREE CIR, STOCKTON, CA 95209-1161
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2024
—
Dane Yip
Dane Yip
Intrafamily Transfer
related
—
Apr 12, 2023
—
Bryan L Kwong
Bryan Kwong
Intrafamily Transfer
related
—
Oct 26, 2022
—
Spencer J Kwong
Bill Kwong
Intrafamily Transfer
related
—
Oct 24, 2022
—
Irene J Quon
Bill Kwong
Intrafamily Transfer
related
—
May 10, 2021
—
Eugene A Louie
Eugene A Louie
Intrafamily Transfer
related
—
Jul 24, 2020
—
Kwong,bill L Trust
Bill Kwong
Quit Claim Deed
related
—
Dec 30, 2015
—
Eugene A Louie
Louie,sue J
Quit Claim Deed
related
—
Dec 23, 2015
—
Sue J Louie
Louie D K K & M Trust
Quit Claim Deed
related
—
Jan 23, 2013
—
Quon Richard A & I J Trust
Kwong,irene
Quit Claim Deed
related
—
Sep 2, 2010
—
Kwong Family Trust
Kwong,spencer J
Quit Claim Deed
related
—
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.
Try Rey
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