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Property profile & analytics
FOR LEASE
Office buildings
2804 Gateway Oaks Dr Sacramento, CA 95833
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2975343
For Lease
1 / 2
$23.40 SF/Yr
2804 Gateway Oaks Dr, Sacramento, CA 95833
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2005
Construction
TILT-UP CONCRETE
Total area
68,654 SF
Lot
4.43 ac (192,970 SF)
Zoning code
OB-PUD
APN
225-0230-090-0000
UPID
US09-2975343
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
-
Polara Ventures (Bike/Boat/Book/etc) Store Corporate Office
-
Phlebotomy Training Specialists Vocational School Training Center
-
Alden Software (Bike/Boat/Book/etc) Store Corporate Office
-
Healing Essence CBD Physician
-
BAKERY SORRENTO, LLC Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.88M
Blend (final)
Blend
$6.76M
Owner & transaction history
Cielo Partners LLC · 21 yrs held
Cielo Partners LLC
since 2005
7 recorded transactions
Zoning & alternative use
OB-PUD · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.76M
Range $6.08M – $7.44M · ±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
$98 / 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
$106,748
Tax year 2024
Assessed value
$7,800,000
Assessed 2024
Previous assessed
$7,800,000
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$2,120,000
Assessed improvement
$5,680,000
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
For Lease
Year built
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
68,654 SF
Lot
4.43 ac (192,970 SF)
Zoning code
OB-PUD
APN
225-0230-090-0000
UPID
US09-2975343
Jurisdiction
SACRAMENTO
Zoning & alternative use
OB-PUD · Sacramento, CA
Zoning OB-PUD · permitted uses
OB-PUD · 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
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
4.43 ac
Current owner
From public records · entity-resolved
Cielo Partners LLC
Entity
Mailing address
2882 PROSPECT PARK DR STE #250, RANCHO CORDOVA, CA 95670-6059
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2017
—
Cielo Partners LP
—
Deed
related
—
May 10, 2012
—
Cielo Partners LP
—
Grant Deed
related
$5,000,000 · River Cty Bk
Dec 31, 2007
—
Cielo Partners LLC
—
Deed Of Trust
related
$7,000,000 · Umpqua Bank
May 3, 2005
—
Cielo Partners LLC
Rci Dev Investors
Grant Deed
—
Nov 15, 2004
—
Rci Dev Investors
Gateway Building
Grant Deed
$2,135,000 · Gateway Building LP
Apr 30, 2003
—
Gateway Building LP
Rle Properties LLC
Grant Deed
related
—
Apr 29, 2002
—
Rle Properties LLC
Gateway Building LP
Grant Deed
related
—
Oct 10, 2000
—
Rle Properties LLC
Ewell,rolland L
Trustees Deed
related
—
Jan 13, 1999
—
Rolland L Ewell
Ewell,maryetta M
Quit Claim Deed
related
$93,600 · First FCU
Feb 24, 1997
—
Pendola Truckee Venture
Steele Trust
Trustees Deed
related
—
Mar 28, 1994
—
Sacramento Investment Company
Steele,christoph
Grant Deed
$105,000 · Comunity Lending INC
—
—
Cielo Partners LP
—
Loan Modification
related
—
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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