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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3609 Mission Ave Carmichael, CA 95608

    • Medical offices
    • 976 SF
    For Sale
    View listing
    $1,028,999
    Last Sale
    Oct 06, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-2091926
    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.

    Current Use by Public Records

    • Dr. Marjorie A. Mojica-Jara, DMD / Dental Office
    • Accutax & Amer PAC Mortgage / Tax Preparation
    • Baudendistel Physical Therapy / Physician
    • Elegance MD | NorCal Medical and Aesthetic Center: Hussam Kujok MD / Physician
    • Sukhdev Singh Khangura / Physician

    Property Details for 3609 Mission Ave

    Year built
    1985
    Construction
    WOOD
    Property size
    976 SF
    Zone code
    BP (NPA)
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    256-0254-017-0013
    APU
    25602540170013

    Description

    This 1,232 square foot medical office condominium in Carmichael, CA is available for sale at $325,000 ($263.80/sq ft) or lease with a modified lease agreement. The vacant, single-story unit is situated in an established business park, offering easy access from Highway 80 and abundant parking. This corner unit boasts a desirable layout, including three entrances: a main entrance, a separate physician/employee entrance, and an exit from the procedure room. The interior features four exam rooms (plumbed), a reception area, waiting area, provider's office, a large procedure room, a break room, and an in-suite restroom. Large windows provide ample natural light. The property is zoned for Business Professional use and is ideal for various medical or professional practices. The APN is 256-0254-017-0005. Located at 3609 Mission Ave, Carmichael, CA 95608.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmichael
    County
    Sacramento
    State
    California
    Longitude
    -121.356
    Latitude
    38.6315
    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
    $2,549
    $103,012
    $100,875
    $203,887
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
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      3630 Msn Ave

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      View Details
    • Value Estimation
      $2,640,000
      0.21 Acres

      6329 Coyle Ave

      MEDICAL BUILDING • 0.21 Acres
      6329 Coyle Ave, Carmichael, CA 95608-0438
      View Details
    • Value Estimation by Request
      2,760 SF

      5841 Jameson Ct

      MEDICAL BUILDING • 2,760 SF
      5841 Jameson Ct, Carmichael, CA 95608-0895
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    • Value Estimation
      $10,135,000
      21,563 SF

      2540 Carmichael Way

      MEDICAL CLINIC • 21,563 SF
      2540 Carmichael Way, Carmichael, CA 95608-5314
      View Details
    • Value Estimation
      $1,015,000
      9,385 SF

      5931 Stanley Ave

      MEDICAL BUILDING • 9,385 SF
      5931 Stanley Ave, Carmichael, CA 95608-3846
      View Details
    • Value Estimation
      $800,000
      7,638 SF

      6945 Fair Oaks Blvd

      MEDICAL BUILDING • 7,638 SF
      6945 Fair Oaks Blvd, Carmichael, CA 95608-3302
      View Details

    Similar Nearby for Sale

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      Freestanding 2,544 SF office building suitable for professional uses.
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      Carmichael Office/Retail Building For Sale

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    Similar Nearby for Lease

    • Contact for pricing
      52,778 SF

      Carmichael Medical Office Building

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    • $1.40 SF/Yr
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      Carmichael Office/Medical/Dental Space Available

      Office/medical/dental space for lease in Carmichael, California.
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    • Contact for pricing
      4,668 SF

      Medical Office Space for Lease

      On-campus medical office space available for lease.
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    • $1.40 SF/Yr
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      Office/medical/dental space for lease in Carmichael, California.
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    • $1.30 SF/Yr
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      Carmichael Medical/General Office Space

      Medical/general office suites available in Carmichael, California.
      3637 Mission Ave, Carmichael, CA 95608
      View Details
    • $1.35 SF/Yr
      1,131 SF

      Carmichael Office Space For Rent

      Office space available in Carmichael, California with ample parking.
      6726-6728 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
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    Carmichael, CA 95608
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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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