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Property profile & analytics
OFF-MARKET
Estimated value
$5,010,000
Office buildings
3131 Fite Cir Sacramento, CA 95827-1801
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0850552
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1983
Construction
TILT-UP CONCRETE
Total area
28,390 SF
Lot
3.15 ac (137,214 SF)
Zoning code
OIMU (FBSP
APN
077-0330-050-0000
UPID
US09-0850552
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
-
Redtail University Hotel & Motel Resort
-
Redtail Technology (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.35M
Comparable Approach
Comparable
$5.28M
Blend (final)
Blend
$5.01M
Owner & transaction history
Sarah Hernandez · 4 yrs held
Sarah Hernandez
since 2022
7 recorded transactions
Zoning & alternative use
OIMU (FBSP · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.3M
+99.5%
Medical building
$7.2M
+98.6%
Commercial (general)
$6.7M
+84.4%
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%
$6,875,000
6.5%
$6,345,000
7%
$5,895,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,640,000
Current use
AUTO REPAIR, GARAGE
$7,265,000
Change: +100% · Conversion: Difficult
MEDICAL BUILDING
$7,230,000
Change: +99% · Conversion: Easy
COMMERCIAL (GENERAL)
$6,710,000
Change: +84% · Conversion: Easy
Blend value · Realmo final
$5.01M
Range $4.51M – $5.51M · ±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
$176 / 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
$69,947
Tax year 2024
Assessed value
$5,909,472
Assessed 2024
Previous assessed
$5,909,472
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,425,348
Assessed improvement
$4,484,124
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
28,390 SF
Lot
3.15 ac (137,214 SF)
Zoning code
OIMU (FBSP
APN
077-0330-050-0000
UPID
US09-0850552
Jurisdiction
SACRAMENTO
Zoning & alternative use
OIMU (FBSP · Sacramento, CA
Zoning OIMU (FBSP · permitted uses
OIMU (FBSP · 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
OFFICE BUILDING Current
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$7.3M
MEDICAL BUILDING
Est. value
$7.2M
COMMERCIAL (GENERAL)
Est. value
$6.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
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
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
3.15 ac
Current owner
From public records · entity-resolved
Sarah Hernandez
Individual
Mailing address
400 CAPITOL MALL, SACRAMENTO, CA 95814-4407
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
May 27, 2022
—
Sarah Hernandez
Redtail Technology INC
Grant Deed
—
Aug 13, 2018
—
Redtail Technology INC
—
Deed
related
$2,252,233 · Bank Of The West
Jan 20, 2017
$1,700,000
Redtail Technology INC
Vision Service Plan
Grant Deed
$2,525,233 · Bank Of The West
Dec 31, 2009
—
Vsp Holding Co
Altair Holding Co
Quit Claim Deed
related
—
Dec 30, 2002
—
Vision Service Plan
Hexton,tr
Grant Deed
related
—
Sep 5, 1995
—
William G Mcgaughey Trustee
Hexon Trust
Grant Deed
related
—
—
—
John A O'donnell
—
Deed Of Trust
related
$1,900,000 · Bank Of California
—
—
Odonnell Trust
—
Deed Of Trust
related
$1,677,993 · Union Bank Of California
—
—
Redtail Technology INC
—
Deed Of Trust
related
$2,067,000 · Mortgage Cap Dev
—
—
Redtail Technology INC
—
Deed Of Trust
related
$2,252,233 · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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