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Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Medical Office Space
2627 K St Sacramento, CA 95816-5103
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-3151424
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Construction
WOOD
Total area
5,058 SF
Lot
0.29 ac (12,806 SF)
Zoning code
C-2-SPD
APN
007-0105-025-0000
UPID
US09-3151424
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
-
Dr. Amy Woo Dental Care Dental Office
-
Balcom Kristine DDS Dental Office
-
Bittner Prince Blair DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.20M
Comparable Approach
Comparable
$872k
Blend (final)
Blend
$1.09M
Owner & transaction history
Gary M Leong · 1 yrs held
Gary M Leong
since 2025
7 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.7M
+34.6%
Neighborhood: shopping center
$1.6M
+23.2%
Office building
$1.5M
+12.7%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,300,000
6.5%
$1,200,000
7%
$1,115,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,290,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,735,000
Change: +35% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,585,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$1,450,000
Change: +13% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,335,000
Change: +4% · Conversion: Easy
RETAIL STORES
$1,310,000
Change: +2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,295,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±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
$215 / 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
$32,529
Tax year 2024
Assessed value
$2,533,753
Assessed 2024
Previous assessed
$2,533,753
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$563,478
Assessed improvement
$1,970,275
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
5,058 SF
Lot
0.29 ac (12,806 SF)
Zoning code
C-2-SPD
APN
007-0105-025-0000
UPID
US09-3151424
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
2008
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Gary M Leong
Individual
Mailing address
2627 K ST, SACRAMENTO, CA 95816-5103
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Mar 25, 2025
—
Gary M Leong
Dr Amy Woo LLC
Grant Deed
—
Feb 19, 2025
—
Dr Amy Woo LLC
Gary M Leong
Grant Deed
—
Sep 30, 2020
—
Leong,gary M & Amy M Trust
—
Deed
related
$2,300,000 · California Bk&tr
Nov 20, 2019
—
Leong,gary M & Amy M Trust
Amy M Woo-long
Correction Deed
related
$2,300,000 · Other Institutional Lenders
Dec 8, 2006
—
Leong Gary M & Amy M Trust
—
Trustees Deed
related
$1,664,400 · California Bank & Trust
Oct 12, 2005
—
Leong Gary M & Amy M Trust
Leong,gary M & Amy W
Quit Claim Deed
related
—
Feb 10, 2003
$380,000
Gary M Leong
Vorhes,zane & Sara L
Grant Deed
$190,000 · Zane & Sara L Vorhes
—
—
Zane Vorhes
—
Deed Of Trust
related
$149,500 · American River Bank
—
—
Leong,gary M & Amy M Trust
—
Deed Of Trust
related
$2,300,000 · Other Institutional Lenders
—
—
Leong,gary M & Amy M Trust
—
Deed Of Trust
related
$2,300,000 · California Bk&tr
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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