New search
Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Industrial land
3407 51st Ave Sacramento, CA 95823-1069
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2959892
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.41 ac (17,730 SF)
Zoning code
M-1
APN
036-0220-003-0000
UPID
US10-2959892
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
-
Western Pacific Truck School Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Ejr LLC · 5 yrs held
Ejr LLC
since 2021
Last sale
$520,000
7 recorded transactions
Zoning & alternative use
M-1 · 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
$650,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $520k (Jan 15 2021)
Last sale anchor
$520k
Jan 15 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
—
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
$4,033
Tax year 2024
Assessed value
$339,586
Assessed 2024
Previous assessed
$339,586
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$339,586
Applied tax rate
53.0000
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 land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
0.41 ac (17,730 SF)
Zoning code
M-1
APN
036-0220-003-0000
UPID
US10-2959892
Jurisdiction
SACRAMENTO
Zoning & alternative use
M-1 · Sacramento, CA
Zoning M-1 · permitted uses
M-1 · 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
Heating
NONE
Lot
0.41 ac
Current owner
From public records · entity-resolved
Ejr LLC
Entity
Free & Clear · 5 yrs held
Mailing address
612 HARTLEY DR, MODESTO, CA 95356-9657
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2022
—
Ejr LLC
—
Deed
related
$390,000 · Farmers & Merchants Bank Of Central Ca
Jan 15, 2021
$520,000
Ejr LLC
Gary Express INC
Grant Deed
—
Jun 30, 2008
$250,000
Gary Express INC
Cramer Holdings INC
Grant Deed
$172,000 · Cramer Holdings INC
Apr 4, 2007
$252,000
Cramer Holdings INC
Edge Works Granite & Marble
Grant Deed
—
Aug 17, 2004
$183,000
Edge Works Granite
Conrad,ethan G
Grant Deed
—
Oct 7, 1997
$11,000
Conrad,ethan G
Carl,david L
Trustees Deed
—
Oct 7, 1997
—
David L Carl
York-carl,irene M
Quit Claim Deed
related
—
Aug 27, 1997
$1,000
David L Carl
Glen O Barkers & Sons Ent INC
Trustees Deed
related
—
—
—
Glen O Barker Enterpris
—
Deed Of Trust
related
$153,865 · Stockmans Bank Of Commerce
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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