New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,225,000
Industrial properties
3305 Elkhorn Blvd North Highlands, CA 95660-3129
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US09-0848967
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2004
Construction
TILT-UP CONCRETE
Total area
33,819 SF
Lot
2.1 ac (91,476 SF)
Zoning code
M-1
APN
208-0151-007-0000
UPID
US09-0848967
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
-
Meinco Properties Real Estate Agency
-
OLD ROOTS Grocery & Convenience Store Distribution Center
-
H Auto glass Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Tintcali Interior Design Auto Repair Shop
-
Kova ind Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.29M
Comparable Approach
Comparable
$3.03M
Blend (final)
Blend
$3.23M
Owner & transaction history
R Meinzer · 23 yrs held
R Meinzer
since 2003
7 recorded transactions
Zoning & alternative use
M-1 · North Highlands, 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 North Highlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Highlands 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%
$3,560,000
6.5%
$3,285,000
7%
$3,050,000
Blend value · Realmo final
$3.23M
Range $2.90M – $3.55M · ±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
$95 / 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
$31,241
Tax year 2024
Assessed value
$2,723,328
Assessed 2024
Previous assessed
$2,723,328
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$283,977
Assessed improvement
$2,439,351
Applied tax rate
59.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
33,819 SF
Lot
2.1 ac (91,476 SF)
Zoning code
M-1
APN
208-0151-007-0000
UPID
US09-0848967
Jurisdiction
SACRAMENTO
Zoning & alternative use
M-1 · North Highlands, CA
Zoning M-1 · permitted uses
M-1 · North Highlands, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Highlands. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.1 ac
Current owner
From public records · entity-resolved
R Meinzer
Individual
Mailing address
3305 ELKHORN BLVD STE #1, NORTH HIGHLANDS, CA 95660-3129
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2018
—
Meinzer,terry N Family Trust
—
Deed
related
$1,200,000 · Jp Morgan Chase Bk
Jan 14, 2003
—
R Meinzer
Meinzer,tr
Quit Claim Deed
related
—
Oct 1, 2002
$200,000
Meinzer,tr
Treadway,virgil J & Carol A
Grant Deed
$150,000 · Virgil J & Carol A Treadway
Jan 18, 2002
—
Ryan A Meinzer
Meinzer,tr
Quit Claim Deed
related
—
Jul 7, 1988
$168,000
Exchange Interme
Lucchetti David
Trustees Deed
—
Jul 7, 1988
—
David Lucchetti
Lucchetti Christ
Quit Claim Deed
related
—
—
—
Meinzer Terry N Family Trust
—
Deed Of Trust
related
$1,762,500 · Commercial Capital Bank Fsb
—
—
Virgil Treadway
—
Deed Of Trust
related
$150,000 · Homefed Bank
—
—
Meinzer,terry N Family Trust
—
Deed Of Trust
related
$1,200,000 · Jp Morgan Chase 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.
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?”
You own 3305 Elkhorn Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
