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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Apartment buildings
2523 Nn St Sacramento, CA 95816-5856
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3832216
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1950
Construction
WOOD
Total area
8,328 SF
Lot
0.15 ac (6,534 SF)
Zoning code
R-3A-SPD
APN
007-0164-016-0000
UPID
US09-3832216
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
$1.37M
CAP Approach
CAP
$2.02M
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.66M
Owner & transaction history
Circle K Ranch Revival LLC · 7 yrs held
Circle K Ranch Revival LLC
since 2018
6 recorded transactions
Zoning & alternative use
R-3A-SPD · Sacramento, 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 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
$1,365,000
CAP Approach
CAP Return
Estimation
6%
$2,180,000
6.5%
$2,015,000
7%
$1,870,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,610,000
Change: -8% · Conversion: Difficult
OFFICE BUILDING
$2,390,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±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
$199 / 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
$40,400
Tax year 2024
Assessed value
$3,338,569
Assessed 2024
Previous assessed
$3,338,569
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$382,774
Assessed improvement
$2,955,795
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
14
Total area
8,328 SF
Lot
0.15 ac (6,534 SF)
Zoning code
R-3A-SPD
APN
007-0164-016-0000
UPID
US09-3832216
Jurisdiction
SACRAMENTO
Zoning & alternative use
R-3A-SPD · Sacramento, CA
Zoning R-3A-SPD · permitted uses
R-3A-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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
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
1950
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
14
Lot
0.15 ac
Current owner
From public records · entity-resolved
Circle K Ranch Revival LLC
Entity
Mailing address
2705 K ST STE #1, SACRAMENTO, CA 95816-5117
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2018
$3,008,000
Circle K Ranch Revival LLC
Townsend,gary
Grant Deed
—
Jun 29, 2009
—
Gary Townsend
Townsend,gary G
Quit Claim Deed
related
$200,000 · Val-chris Investments INC
Mar 26, 2001
$630,000
Gary G Townsend
Tibbits Trust
Grant Deed
—
Jan 3, 2000
—
Tibbits Trust
Tibbits,john D
Quit Claim Deed
related
—
—
—
John D Tibbits
—
Deed Of Trust
related
$350,000 · Washington Mutual Fsb
—
—
Gary G Townsend
—
Deed Of Trust
related
$250,000 · Lincoln Trust 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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