New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Industrial properties
3429 Freedom Park Dr North Highlands, CA 95660-4649
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2228678
Property profile
Verified
Property type
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Year built
1989
Construction
TILT-UP CONCRETE
Total area
69,120 SF
Lot
3.68 ac (160,300 SF)
Zoning code
SPA
APN
215-0072-031-0000
UPID
US09-2228678
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
-
Simply Heating & Air Conditioning, Inc. HVAC Service General Contractor
-
EveryWrap (Bike/Boat/Book/etc) Store Printing Service
-
North McClellan Business Park Business Service Center Corporate Office
-
Every Wrap (Bike/Boat/Book/etc) Store Printing Service
-
Sac City Building Maintenance General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$795k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.28M
Owner & transaction history
Gtp Acquisition Partners II LLC
Gtp Acquisition Partners II LLC
since 2025
7 recorded transactions
Zoning & alternative use
SPA · 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
$795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±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
$19 / 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
$51,344
Tax year 2024
Assessed value
$4,476,796
Assessed 2024
Previous assessed
$4,476,796
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$579,276
Assessed improvement
$3,897,520
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
MULTI-TENANT INDUSTRIAL BUILDING
Status
Off-Market
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
69,120 SF
Lot
3.68 ac (160,300 SF)
Zoning code
SPA
APN
215-0072-031-0000
UPID
US09-2228678
Jurisdiction
SACRAMENTO
Zoning & alternative use
SPA · North Highlands, CA
Zoning SPA · permitted uses
SPA · 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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
3.68 ac
Current owner
From public records · entity-resolved
Gtp Acquisition Partners II LLC
Entity
Mailing address
9500 SW BARBUR BLVD STE #300, PORTLAND, OR 97219-5436
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2025
—
Gtp Acquisition Partners II LLC
North Mcclellan Business Park LLC
Deed
—
Mar 1, 2024
—
North Mcclellan Business Park LLC
—
Deed
related
$1,500,000 · Robert D Randall Revocable Living Trust
Feb 13, 2019
—
North Mcclellan Busn Pk LLC
—
Deed
related
$2,500,000 · M&t R/e Tr
Feb 18, 2014
$3,725,000
North Mcclellan Randall Busn
North Mcclellan Busn Park LLC
Grant Deed
related
$2,690,000 · M&t R/e Tr
Jun 26, 2013
—
Gtp Acquisition Ptrs II LLC
Gtp Structures I LLC
Quit Claim Deed
related
—
Sep 26, 2011
—
Gtp Structures I LLC
Global Tower Assets LLC
Grant Deed
related
—
Dec 5, 2005
—
Intervest Mortgage Inv Co
North Mcclellan Busn Park LLC
Grant Deed
related
—
Dec 31, 2002
—
Mcclellan Business Park North
Herrin Pointe LLC
Grant Deed
related
—
Oct 18, 1999
$1,945,000
Herrin Pointe LLC
34th & E Ltd
Grant Deed
$1,458,000 · Sterling Savings Bank
—
—
North Mcclellan Busn Pk LLC
—
Deed Of Trust
related
$2,500,000 · M&t R/e Tr
—
—
North Mcclellan Busn Park LLC
—
Deed Of Trust
related
$3,265,000 · Intervest Mortgage Co LLC
—
—
Gtp Structures I LLC
—
Deed Of Trust
related
—
—
—
Gtp Acquisition Ptrs II LLC
—
Deed Of Trust
related
$1,999,999,999 · Bank Of New York Mellon (ce)
—
—
Herrin Pointe LLC
—
Deed Of Trust
related
$2,070,000 · Affinity Bank
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 3429 Freedom Park Dr?
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.