Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,830,000
Flex space
3617 Cincinnati Ave Rocklin, CA 95765-1202
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-7280468
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1988
Construction
TILT-UP CONCRETE
Total area
22,968 SF
Lot
8.3 ac (361,548 SF)
Zoning code
M
APN
017-200-022-000
UPID
US09-7280468
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
-
E-Tech Testing Services Inc Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.56M
CAP Approach
CAP
$4.35M
Comparable Approach
Comparable
$5.37M
Blend (final)
Blend
$5.83M
Owner & transaction history
Spirit Realty LP · 4 yrs held
Spirit Realty LP
since 2022
Last sale
$7.1M
2 recorded transactions
Zoning & alternative use
M · Rocklin, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.0M
+122.0%
Auto repair, garage
$6.2M
+53.0%
Medical building
$5.3M
+31.0%
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 Rocklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocklin 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
$5,495,000
ML approach
$5,555,000
CAP Approach
CAP Return
Estimation
6%
$4,715,000
6.5%
$4,350,000
7%
$4,040,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,035,000
Current use
RESTAURANT
$8,955,000
Change: +122% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,170,000
Change: +53% · Conversion: Easy
MEDICAL BUILDING
$5,285,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$5.83M
Range $5.25M – $6.41M · ±10% · vs last sale $7.10M (Feb 28 2022)
Last sale anchor
$7.10M
Feb 28 2022
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
$254 / 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
$78,760
Tax year 2024
Assessed value
$7,386,346
Assessed 2024
Previous assessed
$7,386,346
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$2,601,000
Assessed improvement
$4,785,346
Applied tax rate
88.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1988
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Units
3
Total area
22,968 SF
Lot
8.3 ac (361,548 SF)
Zoning code
M
APN
017-200-022-000
UPID
US09-7280468
Jurisdiction
PLACER
Zoning & alternative use
M · Rocklin, CA
Zoning M · permitted uses
M · Rocklin, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocklin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.0M
RESTAURANT
Est. value
$9.0M
AUTO REPAIR, GARAGE
Est. value
$6.2M
MEDICAL BUILDING
Est. value
$5.3M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Units
3
Lot
8.3 ac
Current owner
From public records · entity-resolved
Spirit Realty LP
Entity
Mailing address
2727 N HARWOOD ST STE #300, DALLAS, TX 75201-2407
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2022
$7,100,000
Spirit Realty LP
Energy Absorption Systems INC
Grant Deed
—
Oct 6, 2004
—
Energy Absorption Systems INC
—
Deed Of Trust
related
$58,000,000 · Northern Trust Co
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 3617 Cincinnati Ave?
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.
