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Property profile & analytics
OFF-MARKET
Estimated value
$3,365,000
Community centers
2868 Zinfandel Dr Rancho Cordova, CA 95670-5604
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2838667
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1975
Construction
TILT-UP CONCRETE
Total area
35,000 SF
Lot
2.3 ac (100,187 SF)
Zoning code
CMU (FBSP)
APN
072-0330-005-0000
UPID
US09-2838667
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
by Request
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$3.37M
Owner & transaction history
Ethan Conrad · 7 yrs held
Ethan Conrad
since 2019
7 recorded transactions
Zoning & alternative use
CMU (FBSP) · Rancho Cordova, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to designate property for vibrant commercial and mixed-use development. While a predominantly commercial district, the CMU category is designed to provide for the integration of retail and service commercial uses with office and/or residential uses. In multiple-story buildings, retail uses are the predominant use on the ground floor
Zone name
Commercial Mixed Use Folsom Boulevard Specific Plan
General category
MIXED_USE
Zone area
255.07 ac
Source
Realmo
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 Rancho Cordova submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rancho Cordova 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
$3.37M
Range $3.03M – $3.70M · ±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
$96 / 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
$27,499
Tax year 2024
Assessed value
$2,303,516
Assessed 2024
Previous assessed
$2,303,516
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$984,280
Assessed improvement
$1,319,236
Applied tax rate
8.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
35,000 SF
Lot
2.3 ac (100,187 SF)
Zoning code
CMU (FBSP)
APN
072-0330-005-0000
UPID
US09-2838667
Jurisdiction
SACRAMENTO
Zoning & alternative use
CMU (FBSP) · Rancho Cordova, CAZoning CMU (FBSP) · permitted uses
CMU (FBSP) · Rancho Cordova, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to designate property for vibrant commercial and mixed-use development. While a predominantly commercial district, the CMU category is designed to provide for the integration of retail and service commercial uses with office and/or residential uses. In multiple-story buildings, retail uses are the predominant use on the ground floor
Zone name
Commercial Mixed Use Folsom Boulevard Specific Plan
General category
MIXED_USE
Zone area
255.07 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
Ethan Conrad
Individual
Free & Clear · 7 yrs held
Mailing address
1300 NATIONAL DR STE #100, SACRAMENTO, CA 95834-1981
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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 19, 2020
—
Ethan Conrad
—
Deed
related
$3,470,000 · East West Bk
Mar 22, 2019
$3,726,500
Ethan Conrad
Folsom Zinfandel Partners LLC
Grant Deed
—
Mar 22, 2019
—
Folsom Zinfandel Partners LLC
—
Loan Modification
related
$6,250,000 · Wells Fargo Bk
Jul 11, 2018
—
Capital Vlg S Homeowners Assn
Beazer Hms Hldgs
Quit Claim Deed
related
—
Jun 12, 2014
—
Folsom Zinfandel Partners LLC
—
Grant Deed
related
$6,250,000 · Wells Fargo Bk
Nov 8, 2002
—
Folsom Zinfandel Partners LLC
Wang Sun INC
Grant Deed
$5,750,000 · Column Financial INC
Jul 14, 1989
$6,210,454
Strabala Joseph
Exchange Interme
Trustees Deed
—
Jul 14, 1989
—
Exchange Interme
Peter P Bollinge
Trustees Deed
related
—
—
—
Wang Sun INC
—
Deed Of Trust
related
$4,300,000 · United Savings Bank
—
—
Ethan Conrad
—
Deed Of Trust
related
$3,470,000 · East West Bk
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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