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Property profile & analytics
OFF-MARKET
Estimated value
$60,740,000
Strip malls
2638 El Paseo Ln Sacramento, CA 95821-4904
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2949598
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1950
Construction
WOOD
Total area
152,000 SF
Lot
12.88 ac (561,052 SF)
Zoning code
SPA
APN
268-0150-007-0000
UPID
US09-2949598
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
by Request
CAP Approach
CAP
$43.99M
Comparable Approach
Comparable
$57.70M
Blend (final)
Blend
$60.74M
Owner & transaction history
Bobs Discount Furniture LLC · 1 yrs held
Bobs Discount Furniture LLC
since 2025
Last sale
$62.2M
7 recorded transactions
Zoning & alternative use
SPA · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$74.9M
+57.2%
Retail stores
$62.7M
+31.4%
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
$77,715,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$47,650,000
6.5%
$43,985,000
7%
$40,845,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$47,680,000
Current use
RESTAURANT
$74,940,000
Change: +57% · Conversion: Difficult
RETAIL STORES
$62,660,000
Change: +31% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$43,300,000
Change: -9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$38,890,000
Change: -18% · Conversion: Difficult
MEDICAL BUILDING
$38,705,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$60.74M
Range $54.67M – $66.81M · ±10% · vs last sale $62.15M (Nov 16 2021)
Last sale anchor
$62.15M
Nov 16 2021
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
$400 / 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
$491,230
Tax year 2024
Assessed value
$38,981,000
Assessed 2024
Previous assessed
$38,981,000
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$12,300,000
Assessed improvement
$26,681,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
152,000 SF
Lot
12.88 ac (561,052 SF)
Zoning code
SPA
APN
268-0150-007-0000
UPID
US09-2949598
Jurisdiction
SACRAMENTO
Zoning & alternative use
SPA · Sacramento, CA
Zoning SPA · permitted uses
SPA · 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 Current
Est. value
$47.7M
RESTAURANT
Est. value
$74.9M
RETAIL STORES
Est. value
$62.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$43.3M
AUTO REPAIR, GARAGE
Est. value
$38.9M
MEDICAL BUILDING
Est. value
$38.7M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL 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
1
Buildings
2
Lot
12.88 ac
Current owner
From public records · entity-resolved
Bobs Discount Furniture LLC
Entity
Free & Clear · 1 yrs held
Mailing address
11501 NORTHLAKE DR, CINCINNATI, OH 45249-1669
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2025
—
Bobs Discount Furniture LLC
Town & Country Castation LP
Deed
—
Nov 16, 2021
$62,150,000
Town & Country Ca Station LP
Ds Town & Country LLC
Grant Deed
—
Jun 27, 2019
—
Ds Town & Country LLC
—
Deed
related
$3,950,000 · Bank Of America
Jun 30, 2017
—
Ds Town & Country LLC
—
Deed
related
$40,500,000 · Bank Of America
Jun 29, 2012
—
Ds Town & Country LLC
—
Trustees Deed
related
$40,900,000 · Bank Of America
Jun 25, 2004
—
Ds Town & Country LLC
Nnn Town & Country Shopping
Grant Deed
related
—
Jun 28, 2002
—
Nnn Town
Ueunten,heather A
Grant Deed
$34,000,000 · General Electric Capital Corp
Feb 4, 2000
—
Frances M Ueunten
Ueunten,senyu
Quit Claim Deed
related
—
Feb 4, 2000
$108,000
Ueunten,frances M
Ueunten,heather A
Trustees Deed
related
—
Oct 6, 1999
—
Von Schausten Trust
Nnn Town & Country Shopping
Grant Deed
related
—
Jul 1, 1999
—
Frances M Ueunten
Ueunten,senyu
Quit Claim Deed
$29,385,000 · General Electric Capital Corp
—
—
Ds Town & Country LLC
—
Loan Modification
related
$40,500,000 · Bank Of America
—
—
Ds Town & Country LLC
—
Loan Modification
related
$3,950,000 · Bank Of America
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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