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Property profile & analytics
OFF-MARKET
Estimated value
$10,125,000
Warehouses
300 Lexington Dr Folsom, CA 95630-6801
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2522219
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2006
Construction
WOOD
Total area
84,054 SF
Lot
2.77 ac (120,661 SF)
Zoning code
C-1 (PD)
APN
072-1310-014-0000
UPID
US09-2522219
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
-
Sorensen Medical Distributing Medical Supply Store
-
Mini U Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.19M
CAP Approach
CAP
$11.17M
Comparable Approach
Comparable
$8.02M
Blend (final)
Blend
$10.13M
Owner & transaction history
Folsom Mini U Storage II LLC · 1 yrs held
Folsom Mini U Storage II LLC
since 2025
7 recorded transactions
Zoning & alternative use
C-1 (PD) · Folsom, 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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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
$11,190,000
CAP Approach
CAP Return
Estimation
6%
$12,105,000
6.5%
$11,170,000
7%
$10,375,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$11,965,000
Current use
Blend value · Realmo final
$10.13M
Range $9.11M – $11.14M · ±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
$120 / 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
$153,710
Tax year 2024
Assessed value
$14,082,117
Assessed 2024
Previous assessed
$14,082,117
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$2,877,606
Assessed improvement
$11,204,511
Applied tax rate
4.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Total area
84,054 SF
Lot
2.77 ac (120,661 SF)
Zoning code
C-1 (PD)
APN
072-1310-014-0000
UPID
US09-2522219
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-1 (PD) · Folsom, CA
Zoning C-1 (PD) · permitted uses
C-1 (PD) · Folsom, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Folsom. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$12.0M
WAREHOUSE, STORAGE Current
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
2006
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Lot
2.77 ac
Current owner
From public records · entity-resolved
Folsom Mini U Storage II LLC
Entity
Mailing address
4675 MACARTHUR CT STE #1400, NEWPORT BEACH, CA 92660-8842
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2025
—
Folsom Mini U Storage II LLC
Folsom Mini U Storage LLC
Grant Deed
$7,325,000 · Key Bank NA
Jan 30, 2024
—
Folsom Mini U Storage LLC
—
Deed
related
$7,950,000 · Oxford Life Insurance Co
Aug 31, 2020
—
Folsom Mini U Storage LLC
—
Deed
related
$38,155,372 · Keybank USA
Jun 10, 2020
$13,250,000
Folsom Mini U Storage LLC
Bell Apts Mission
Grant Deed
—
Mar 15, 2011
—
Mission Bell Apartments
—
Deed Of Trust
related
$1,026,000 · Bank Of The West
Nov 23, 2010
—
David C Jorgensen
St Marys Apartments Self
Grant Deed
—
Feb 13, 2007
—
Apartments Self St. Marys
Jorgensen,david C & Susan P
Quit Claim Deed
related
—
Aug 31, 2006
—
Beer Family Enterprises
Empire Ranch Self Storage LLC
Grant Deed
$1,061,100 · Placer Sierra Bank
Jan 30, 2004
—
Empire Ranch Self-storage LLC
—
Trustees Deed
related
$4,075,000 · Placer Sierra Bank
Aug 28, 2003
—
Empire Ranch Storage LLC
Beer Family Enterprises LP
Grant Deed
related
—
Jan 9, 2003
$682,500
Beer Family Enterprises LP
Parkway Associates
Grant Deed
$409,500 · Five Star Bank
—
—
Parkway Associates
—
Deed Of Trust
related
$225,000 · Western Sierra National Bank
—
—
Parkway Associates
—
Deed Of Trust
related
$225,000 · Five Star Bank
—
—
Mission Bell Apts & Stores INC
—
Deed Of Trust
related
$855,627 · Placer Sierra Bank
—
—
Folsom Mini U Storage LLC
—
Deed Of Trust
related
$38,155,372 · Keybank USA
—
—
Mission Bell Apartments
—
Deed Of Trust
related
$850,000 · Bank Of The West
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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