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Property profile & analytics
OFF-MARKET
Estimated value
$7,880,000
Strip malls
3311 Northgate Blvd Sacramento, CA 95834-1637
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2029789
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Construction
TILT-UP CONCRETE
Total area
95,191 SF
Lot
5.76 ac (250,905 SF)
Zoning code
SC-PUD
APN
250-0520-002-0000
UPID
US09-2029789
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.88M
Owner & transaction history
1 Central Investments LP · 4 yrs held
1 Central Investments LP
since 2021
Last sale
$6.9M
6 recorded transactions
Zoning & alternative use
SC-PUD · Sacramento, 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 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
$8,650,000
ML approach
$9,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.88M
Range $7.09M – $8.67M · ±10% · vs last sale $6.92M (Aug 9 2021)
Last sale anchor
$6.92M
Aug 9 2021
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
$83 / 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
$124,172
Tax year 2024
Assessed value
$9,230,775
Assessed 2024
Previous assessed
$9,230,775
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$3,494,548
Assessed improvement
$5,736,227
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
95,191 SF
Lot
5.76 ac (250,905 SF)
Zoning code
SC-PUD
APN
250-0520-002-0000
UPID
US09-2029789
Jurisdiction
SACRAMENTO
Zoning & alternative use
SC-PUD · Sacramento, CA
Zoning SC-PUD · permitted uses
SC-PUD · 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.
Building & site characteristics
From public records
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
5.76 ac
Current owner
From public records · entity-resolved
1 Central Investments LP
Entity
Mailing address
9034 W SUNSET BLVD, LOS ANGELES, CA 90069-1819
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2021
—
1 Central Investments LP
1 Central Investments LP
Intrafamily Transfer
related
$15,000,000 · East West Bank
May 6, 2004
—
Jasmine Investment LLC
Corsair LLC
Grant Deed
related
—
May 5, 2004
—
Jasmine Investments LLC
Mirasa LLC
Grant Deed
related
—
Apr 20, 2004
—
Jasmine Investments LLC
Central Investments LLC
Grant Deed
related
—
Oct 3, 2002
—
Central Investments LLC
Philips Shopping Center Fund
Quit Claim Deed
related
$6,575,000 · Farmers & Merchants Bk Lng Bch
Oct 31, 1989
$6,918,500
Phillips Shoppin
K Mart Corp
Grant Deed
$92,400,000 · Bank Of Tokyo
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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