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    3233 Dwight Rd Elk Grove, CA 95758-6439
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    Property profile & analytics

    3233 Dwight Rd, Elk Grove, CA 95758-6439

    View on Map
    • Distribution centers
    • 44,171 SF
    • 4.48 lot acres
    Off-Market
    Property ID
    US09-1449712
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,095,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Abbey Flooring / General Contractor / Renovation Specialist
    • Cimarron Office Furniture Services, Inc. / Big Box & Wholesale Store
    • Adventureland Bounce House & Party Rentals / Party Supply Store / Rental Equipment Company
    • Abbey Flooring Commercial / General Contractor / Renovation Specialist
    • Michael Pearce Special Needs Attorney / Law Firm

    Property Details for 3233 Dwight Rd

    Year built
    1998
    Construction
    TILT-UP CONCRETE
    Lot size
    4.48 lot acres
    Zone code
    LI
    Property type
    Distribution centers
    APN
    119-1540-028-0000
    APU
    11915400280000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 20, 2023 — Dwight Road Investment Group LLC — Deed · related $3M · First Citizens Bank & Trust Co
    Jun 8, 2021 — Devon Bank Muslim Amer Society Of Sacramento R Quitclaim Deed · related $1.2M · Devon Bank
    Aug 25, 2020 — Dwight Road Invs Grp LLC — Deed · related $3.2M · Harvest Small Busn Fin LLC
    Nov 22, 2019 $4,100,000 Dwight Road Invs Grp LLC Property Investment Ents 2 LLC Grant Deed $3.1M · Mh Investment Plan LLC
    Nov 12, 2019 — Property Investment Ents 2 LLC — Deed · related $287k · Mm Investment Plan LLC
    Mar 9, 2018 $1,904,000 Property Investment Ents 2 LLC Isola USA Corp Grant Deed $1.1M · Maghbouleh-avari Tr (pt)
    Feb 22, 2018 — Isola USA Corp — Grant Deed · related $25M · Cerberus Busn Fin
    Apr 24, 2006 — Isola USA Corp Owner Name Unavailable Grant Deed · related —
    — — Property Investment Ents 2 LLC — Deed Of Trust · related $287k · Mm Investment Plan LLC
    — — Dwight Road Invs Grp LLC — Deed Of Trust · related $3.2M · Harvest Small Busn Fin LLC

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,390,000
      6.5%
      $4,050,000
      7%
      $3,765,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove
    County
    Sacramento
    State
    California
    Longitude
    -121.462
    Latitude
    38.4288
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $51,918
    $1,286,641
    $3,109,384
    $4,396,025
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $6,770,000
      118,600 SF

      3238 Dwight Rd

      DISTRIBUTION WAREHOUSE
      3238 Dwight Rd, Elk Grove, CA 95758-6439
      View Details
    • Value Estimation
      $840,000
      8,923 SF

      9362 Studio Ct

      DISTRIBUTION WAREHOUSE
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      2215 Kausen Dr

      DISTRIBUTION WAREHOUSE
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    • Value Estimation
      $5,275,000
      156,330 SF

      2911 Laguna Blvd

      ASSEMBLY (LIGHT INDUSTRIAL)
      2911 Laguna Blvd, Elk Grove, CA 95758-7411
      View Details
    • Value Estimation
      $17,210,000
      166,850 SF

      3200 Dwight Rd

      MULTI-TENANT INDUSTRIAL BUILDING
      3200 Dwight Rd, Elk Grove, CA 95758-6460
      View Details
    • Value Estimation by Request
      1,024 SF

      3117 Dwight Rd Ste, Unit 200

      MULTI-TENANT INDUSTRIAL BUILDING
      3117 Dwight Rd Ste, Elk Grove, CA 95758-6475
      View Details

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      Elk Grove Industrial Land

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      Sacramento Retail Pads Available

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      49,222 SF

      Elk Grove Retail Property

      Retail property available for sale in Elk Grove, California.
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      Land in Thriving Sacramento Area

      Prime land zoned for retail ventures in Elk Grove, CA.
      Sheldon Rd, Elk Grove, CA 95758
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      Land Near Light Rail Station

      Commercial land for rent near Cosumnes River College.
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    • $1.85 SF/Yr
      5,309 SF

      Elk Grove Flex Space Available

      Office and warehouse space in a multi-building complex.
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    • $27 SF/Yr
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      Elk Grove Office Space Available

      Prime Elk Grove office, flexible suites, 24,157 sq ft available.
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      17,985 SF

      Versatile Space for Lease

      Contemporary property suitable for retail, office, or medical use.
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      Class A Office Building Lease

      Class A office building for lease in Elk Grove, CA.
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      Retail Space in Elk Grove

      Retail space available for lease in Elk Grove, California.
      9180 Harbour Point Dr, Elk Grove, CA 95758
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    Elk Grove, CA 95758-6439
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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