Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Auto shops
2850 47th Ave Sacramento, CA 95822-3808
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0828475
Property summary
AI-generated overview
This exceptional investment opportunity presents a 4,224-square-foot auto repair facility situated on a 16,700-square-foot lot in Sacramento, CA. The property, built in 1964, boasts a single-story building with four dock-high doors and ample parking for approximately 20 vehicles. Currently leased to Precision Automotive Service under a NNN lease with a monthly income of $5,500, the lease has a remaining term of 3.8 years, expiring August 31, 2028, with a five-year option to extend until August 31, 2033. The asking price is $995,000, translating to $235.56 per square foot. The property is zoned M-1S-EA-4 (Light Industrial, Specific Plan, Employment Area 4), allowing for a variety of commercial or auto repair uses. This turnkey investment offers a stable income stream from a long-term tenant in a prime Sacramento County location, benefiting from regional development. The property's APN is 036-0182-005-0000. This presents a secure investment with potential for future appreciation and flexibility in usage. The property is a single-unit building with a total of 4,224 net rentable square feet. Access requires prior arrangement.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1964
Construction
TILT-UP CONCRETE
Total area
4,224 SF
Lot
0.38 ac (16,700 SF)
Zoning code
M-1S-EA-4
APN
036-0182-005-0000
UPID
US09-0828475
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
-
Precision Automotive Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$905k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$599k
Blend (final)
Blend
$900k
Owner & transaction history
B & K Properties Of San Diego LLC · 1 yrs held
B & K Properties Of San Diego LLC
since 2025
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
M-1S-EA-4 · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+22.6%
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
$905,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,080,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,325,000
Change: +23% · Conversion: Difficult
MEDICAL BUILDING
$1,075,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,000,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Nov 7 2024)
Last sale anchor
$900k
Nov 7 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
$213 / 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
$10,745
Tax year 2024
Assessed value
$867,000
Assessed 2024
Previous assessed
$867,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$204,000
Assessed improvement
$663,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
4,224 SF
Lot
0.38 ac (16,700 SF)
Zoning code
M-1S-EA-4
APN
036-0182-005-0000
UPID
US09-0828475
Jurisdiction
SACRAMENTO
Zoning & alternative use
M-1S-EA-4 · Sacramento, CA
Zoning M-1S-EA-4 · permitted uses
M-1S-EA-4 · 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
AUTO REPAIR, GARAGE Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
B & K Properties Of San Diego LLC
Entity
Mailing address
3510 RECYCLE RD, RANCHO CORDOVA, CA 95742-7328
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2025
$900,000
B & K Properties Of San Diego LLC
S & A Commercial Properties LLC
Grant Deed
$575,000 · Beach Cities Commercial Bank
Aug 11, 2022
$850,000
S & A Commercial Properties LLC
Richard L Norton
Grant Deed
$510,000 · Rubicon Mortgage Fund LLC
Aug 16, 2016
—
Norton Family Trust
Norton,richard L & Tina M
Quit Claim Deed
related
—
May 25, 2006
$50,000
Richard L Norton
Hansen,david H & Kimberle D
Grant Deed
$130,000 · David H & Kimberle D Hansen
Apr 15, 1999
$290,000
Norton,richard L & Tina M
Hansen,torben F
Trustees Deed
$261,000 · Seller
Apr 15, 1999
—
Torbin F Hansen
Hansen,debra H
Quit Claim Deed
related
$235,000 · Us Bank
Apr 7, 1994
—
Torben F Hansen
Hansen,louenna J
Quit Claim Deed
related
—
—
—
Torben F Hansen
—
Deed Of Trust
related
$180,000 · Us Bank
—
—
Richard L Norton
—
Deed Of Trust
related
$261,000 · California Bk&tr
—
—
Torben Hansen
—
Deed Of Trust
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2850 47th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
