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Property profile & analytics
OFF-MARKET
Estimated value
$1,380,000
Office buildings
2617 K St Sacramento, CA 95816-5116
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2858495
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1964
Construction
WOOD
Total area
9,200 SF
Lot
0.29 ac (12,800 SF)
Zoning code
C-2-SPD
APN
007-0105-023-0000
UPID
US09-2858495
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
-
Troy Mickle Marriage Or Relationship Counselor
-
Lydia Mendoza Lcsw Psychotherapist
-
Sacramento Central Labor Council Advocacy Group
-
Martha McClellan-Morehouse Marriage Or Relationship Counselor
-
DIFY Wellness Coaching & Marriage Family Counseling Psychotherapist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.38M
Owner & transaction history
2617 Building LLC · 11 yrs held
2617 Building LLC
since 2015
7 recorded transactions
Zoning & alternative use
C-2-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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$150 / 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
$20,956
Tax year 2024
Assessed value
$1,531,762
Assessed 2024
Previous assessed
$1,531,762
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$683,401
Assessed improvement
$848,361
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Total area
9,200 SF
Lot
0.29 ac (12,800 SF)
Zoning code
C-2-SPD
APN
007-0105-023-0000
UPID
US09-2858495
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.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
2617 Building LLC
Entity
Mailing address
2805 J ST STE #240, SACRAMENTO, CA 95816-4307
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2017
—
2617 Building LLC
—
Deed
related
$1,189,500 · Sacramento Bk/cmrc
May 18, 2015
$244,000
2617 Building LLC
Msi Realty Partners
Grant Deed
—
May 18, 2015
—
Msi 2015 Liquidating Trust
Msi Realty Partners
Quit Claim Deed
—
Aug 20, 1997
—
Msi Realty Partners
Amin Street Investors
Grant Deed
related
—
Oct 26, 1988
$287,500
Main St. Inv
Capitol Business
Grant Deed
related
$87,215 · Capitol Business
—
—
Msi Realty Partners
—
Deed Of Trust
related
$815,500 · Sonoma National Bank
—
—
2617 Building LLC
—
Deed Of Trust
related
$1,189,500 · Sacramento Bk/cmrc
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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