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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Medical Office Space
2693 Florin Rd Sacramento, CA 95822-4524
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2507421
Property summary
AI-generated overview
This exceptional medical office building in Sacramento, CA, offers eight fully furnished suites available for lease, totaling 2,631 square feet. Currently, one suite is immediately available. The property is zoned for medical office use and is ideally situated near major medical facilities including Sutter Hospital, Mercy Hospital, UC Davis Medical Center, Methodist Hospital, Sierra Vista Hospital, and Kaiser Permanente, as well as diagnostic labs. Each suite is equipped with countertops and sinks. All medical examination equipment currently on-site is available for tenant use. The building boasts ample parking for tenants and visitors. The property's address is 2693 Florin Rd, Sacramento, CA 95822, with a cross street of Woodbine. The property's APN is 041-0082-005-0000, located in Sacramento County. This is a multi-tenant property perfect for a variety of medical professionals, including primary care physicians, specialists, dentists, or optometrists.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1969
Construction
TILT-UP CONCRETE
Total area
2,631 SF
Lot
0.39 ac (17,000 SF)
Zoning code
C-2
APN
041-0082-005-0000
UPID
US09-2507421
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. Peter A. Lee, DMD Dental Office
-
Access Dental Center: Abordo Brenda DDS Dental Office
-
Golden State Family Medicine And Walk-in Clinic Pediatrician Physician
-
Dr. Phuong Nga Tran, DDS Dental Office
-
Dr. Sonali R. Wagh, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$832k
Blend (final)
Blend
$735k
Owner & transaction history
Raj Singh Johal Prithvi · 2 yrs held
Raj Singh Johal Prithvi
since 2024
Last sale
$735,000
7 recorded transactions
Zoning & alternative use
C-2 · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$825,000
+23.2%
Auto repair, garage
$675,000
+0.5%
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
$735,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$620,000
7%
$575,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$670,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$825,000
Change: +23% · Conversion: Difficult
AUTO REPAIR, GARAGE
$675,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$620,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $735k (Feb 23 2024)
Last sale anchor
$735k
Feb 23 2024
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
$279 / 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
$9,062
Tax year 2024
Assessed value
$689,784
Assessed 2024
Previous assessed
$689,784
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$360,810
Assessed improvement
$328,974
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
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
2,631 SF
Lot
0.39 ac (17,000 SF)
Zoning code
C-2
APN
041-0082-005-0000
UPID
US09-2507421
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2 · Sacramento, CA
Zoning C-2 · permitted uses
C-2 · 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
$670,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$825,000
AUTO REPAIR, GARAGE
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$620,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Raj Singh Johal Prithvi
Individual
Mailing address
1765 QUEENSLAND AVE, MANTECA, CA 95337-8575
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2024
$735,000
Raj Singh Johal Prithvi
Ahmad Momani
Grant Deed
$624,700 · Scb Rancho Bernardo Branch
Feb 16, 2021
—
Ahmad Momani
Reema Momani
Deed
related
—
Feb 16, 2021
$650,000
Ahmad Momani
Executive Offices California Center
Grant Deed
$585,000 · Jpmorgan Chase Bank NA
Jul 25, 2011
—
California Ctr Office Dev LLC
Abbaszadeh,reza
Grant Deed
—
Dec 17, 2003
—
Reza Abbaszadeh
Sadeghi,jila
Grant Deed
$1,520,000 · Premier Access Insurance Co
Jun 30, 1995
—
Reza Abbazedeh
Abbazedeh,reza
Quit Claim Deed
related
$241,500 · Weststar Mortgage Corp
Aug 17, 1993
$160,000
Reza Abbazadeh
Von Hartel,herbe
Grant Deed
$100,000 · Seller
—
—
Reza Abbaszadeh
—
Deed Of Trust
related
$229,189 · Westamerica Bank
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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