Back to Search
Property profile & analytics
FOR SALE
Retail space
318 12Th St Sacramento, CA 95814
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1638940
For Sale
1 / 42
$1,300,000
318 12Th St, Sacramento, CA 95814
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1934
Construction
WOOD
Total area
4,835 SF
Lot
0.07 ac (3,200 SF)
Zoning code
C-2-SPD
APN
002-0075-014-0000
UPID
US09-1638940
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
-
MJD Capital Partners Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$895k
Owner & transaction history
318 12th Street LLC · 5 yrs held
318 12th Street LLC
since 2020
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+35.4%
Medical building
$1.2M
+34.7%
Commercial (general)
$1.1M
+25.1%
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
$915,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$1,250,000
6.5%
$1,155,000
7%
$1,070,000
Alternative Use
Use
Estimation
RETAIL STORES
$915,000
Current use
AUTO REPAIR, GARAGE
$1,235,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$1,230,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,145,000
Change: +25% · Conversion: Easy
OFFICE BUILDING
$1,035,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $850k (Oct 23 2020)
Last sale anchor
$850k
Oct 23 2020
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
$185 / 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
$11,357
Tax year 2024
Assessed value
$902,026
Assessed 2024
Previous assessed
$902,026
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$286,526
Assessed improvement
$615,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1934
Construction
WOOD
Heating
NONE
Buildings
2
Total area
4,835 SF
Lot
0.07 ac (3,200 SF)
Zoning code
C-2-SPD
APN
002-0075-014-0000
UPID
US09-1638940
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-SPD · Sacramento, CA
Zoning C-2-SPD · permitted uses
C-2-SPD · 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
RETAIL STORES Current
Est. value
$915,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1934
Construction
WOOD
Heating
NONE
Buildings
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
318 12th Street LLC
Entity
Mailing address
1910 3RD AVE, SACRAMENTO, CA 95818-3004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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 16, 2021
—
Melanie Okoro
—
Deed
related
$150,000 · Marble Bridge Funding Group INC
Oct 23, 2020
$2,125,000
318 12th Street LLC
Peter S J Kim
Grant Deed
$765,000 · Harvest Small Busn Fin LLC
Oct 22, 2015
—
Peter S J Kim
Kim,naomi O
Quit Claim Deed
related
—
Oct 22, 2015
$530,000
Peter Shi Joon Kim
Marilyn M Dyer
Grant Deed
$397,500 · Wells Fargo Bank NA
Jun 18, 2014
$350,000
Marilyn M Dyer
Capitol Financial Limited Partnerhi
Grant Deed
$302,706 · International City Mortgage INC
Aug 18, 2008
—
Capitol Finl
Capitol Invs & Projects
Quit Claim Deed
related
—
Mar 31, 2005
$240,000
Invs Capitol
Maki,stephen
Grant Deed
—
Mar 18, 2005
—
Stephen Maki
Maki,christy
Quit Claim Deed
related
—
Mar 18, 2005
$70,000
Stephen Maki
Califortech INC
Grant Deed
—
Mar 22, 2004
$136,000
Steve Maki
Sacramento County (ca)
Grant Deed
—
—
—
Raoul G Mercado
—
Deed Of Trust
related
—
—
—
Raoul G Mercado
—
Deed Of Trust
related
$65,000 · Blanchard Rose
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?”
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.
