Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2513 Walnut Ave Carmichael, CA 95608-4732
    Back to Search
    Property profile & analytics

    2513 Walnut Ave, Carmichael, CA 95608-4732

    View on Map
    • Specialty properties
    • 2,950 SF
    • 0.42 lot acres
    Off-Market
    Property ID
    US09-2547643
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Reagor Pet Hospital / Veterinary Clinic

    Property Details for 2513 Walnut Ave

    Year built
    1982
    Construction
    WOOD
    Lot size
    0.42 lot acres
    Zone code
    LC
    Property type
    Specialty properties
    APN
    271-0304-015-0000
    APU
    27103040150000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 7, 2014 — 2513 Walnut Avenue Properties Keel-hart Family Trust Quit Claim Deed —
    Mar 21, 2014 $555,000 William Reed Keel Jennene M Reagor Grant Deed $500k · Wells Fargo Bank NA
    Feb 24, 2010 — Reagor Jennene M Trust Reagor,stephen G & Jennene M Quit Claim Deed · related —
    — — Stephen G Reagor — Deed Of Trust · related $50k · Koehler Trust

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Carmichael
    County
    Sacramento
    State
    California
    Longitude
    -121.346
    Latitude
    38.6109
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,244
    $216,323
    $450,679
    $667,002
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $985,000
      14,580 SF

      5631 Cypress Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      5631 Cypress Ave, Carmichael, CA 95608-6613
      View Details
    • Value Estimation
      $830,000
      8,801 SF

      6201 Fair Oaks Blvd

      CREMATORIUM, MORTUARY
      6201 Fair Oaks Blvd, Carmichael, CA 95608-4807
      View Details
    • Value Estimation
      $630,000
      7,505 SF

      4221 Manzanita Ave

      CREMATORIUM, MORTUARY
      4221 Manzanita Ave, Carmichael, CA 95608-1406
      View Details
    • Value Estimation
      $1,390,000
      1,344 SF

      4115 Manzanita Ave

      VETERINARY, ANIMAL HOSPITAL
      4115 Manzanita Ave, Carmichael, CA 95608-1725
      View Details
    • Value Estimation
      $870,000
      17,362 SF

      3633 Garfield Ave

      VETERINARY, ANIMAL HOSPITAL
      3633 Garfield Ave, Carmichael, CA 95608-3015
      View Details
    • Value Estimation by Request
      2,800 SF

      7615 Fair Oaks Blvd

      VETERINARY, ANIMAL HOSPITAL
      7615 Fair Oaks Blvd, Carmichael, CA 95608-1703
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,760 SF

      Automotive Repair Facility on Fair Oaks

      1,760 SF automotive repair shop on 0.5-acre parcel.
      7349 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • $199,999

      Carmichael Colony Land Opportunity

      Land for sale in Carmichael Colony Neighborhood.
      3252 Panama Ave, Carmichael, CA 95608
      View Details
    • Contact for pricing
      7,860 SF

      Carmichael Retail Property For Sale

      Retail property available for purchase in Carmichael, California.
      5913-5925 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • Contact for pricing
      11,044 SF

      Carmichael Office/Retail Building For Sale

      11,044 SF office/retail building in the heart of Carmichael, CA.
      7300-7310 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • $600,000

      Carmichael Land Parcel For Sale

      Land parcel available in Carmichael, California.
      4010 Manzanita Ave, Carmichael, CA 95608
      View Details
    • Contact for pricing

      Freestanding Office Building For Sale

      Freestanding 2,544 SF office building suitable for professional uses.
      4901 Marconi Ave, Carmichael, CA 95608
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space Available For Lease

      Commercial property available for lease in Carmichael, CA.
      4044-4046 Wayside Ln, Carmichael, CA 95608
      View Details
    • $1.40 SF/Yr

      Carmichael Office/Medical/Dental Space Available

      Office/medical/dental space for lease in Carmichael, California.
      6600 Madison Ave, Carmichael, CA 95608
      View Details
    • Contact for pricing
      58,700 SF

      Carmichael Shopping Center Development Opportunity

      58,700 SF shopping center development in a populated residential area.
      5900 Winding Way, Carmichael, CA 95608
      View Details
    • Contact for pricing
      875 SF

      Medical Office Space for Lease

      On-campus medical office space available for lease.
      6555 Coyle Ave, Carmichael, CA 95608
      View Details
    • Contact for pricing
      8,000 SF

      Carmichael Retail Space Available

      Retail space available for lease in Carmichael, California.
      5227 Manzanita Ave, Carmichael, CA 95608
      View Details
    • Contact for pricing

      Retail Space in Carmichael Center

      Retail space available in established Carmichael shopping center.
      5025 Marconi Ave, Carmichael, CA 95608
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2513 Walnut Ave
    Carmichael, CA 95608-4732
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2513 Walnut Ave, Carmichael, CA, 95608
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!