Back to Search
Property profile & analytics
FOR LEASE
Medical Office Space
3637 Mission Ave Carmichael, CA 95821
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0071731
For Lease
1 / 3
$1,335,000
3637 Mission Ave, Carmichael, CA 95821
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1980
Construction
WOOD
Total area
19,532 SF
Lot
1.91 ac (83,199 SF)
Zoning code
BP (NPA)
APN
256-0254-018-0000
UPID
US09-0071731
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
-
Dr. Jonathan E. Musicant, MD Physician
-
Star Cannon Foster Care Service Social Service Agency
-
Dr. Reggie Zhan, MD Physician
-
Rose Aghahowa Marriage Or Relationship Counselor Counselor
-
Charles Mclellan Counselor Medical School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.34M
Owner & transaction history
Ar Tiger LLC
Ar Tiger LLC
since 2026
7 recorded transactions
Zoning & alternative use
BP (NPA) · Carmichael, 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 Carmichael submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmichael 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
$1,450,000
ML approach
$1,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±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
$68 / 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
$18,313
Tax year 2024
Assessed value
$1,450,000
Assessed 2024
Previous assessed
$1,450,000
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,000,000
Assessed improvement
$450,000
Applied tax rate
54.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1980
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
19,532 SF
Lot
1.91 ac (83,199 SF)
Zoning code
BP (NPA)
APN
256-0254-018-0000
UPID
US09-0071731
Jurisdiction
SACRAMENTO
Zoning & alternative use
BP (NPA) · Carmichael, CA
Zoning BP (NPA) · permitted uses
BP (NPA) · Carmichael, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carmichael. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
1.91 ac
Current owner
From public records · entity-resolved
Ar Tiger LLC
Entity
Mailing address
2472 E KERN RIV LN, BREA, CA 92821-7422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2026
—
Ar Tiger LLC
New Cingular Wireless Pcs LLC
Quitclaim Deed
related
—
Apr 29, 2025
—
Ar Tiger LLC
Suraj Rasania
Grant Deed
—
Apr 23, 2024
$1,450,000
Suraj Rasania
Werthmann Family Partnership LP
Grant Deed
$950,000 · Werthmann Family Partnership LP
Feb 2, 2023
—
New Cingular Wireless Pcs LLC
Werthmann Family Partnership LP
Lease
—
Jan 17, 2020
—
Werthmann Family Ptshp LP
—
Deed
related
$70,000 · Withers G S & V L 2017 Tr (rt)
Oct 30, 2018
—
Werthmann Family Ptshp LP
—
Deed
related
$210,000 · John Pereira
Dec 1, 2005
—
Werthmann Family Ptshp
Werthmann,paul A
Quit Claim Deed
—
Mar 15, 2004
$1,650,000
Paul A Werthmann
Mission Development Ca L
Grant Deed
—
—
—
Werthmann Family Ptshp LP
—
Deed Of Trust
related
$210,000 · John Pereira
—
—
Werthmann Family Ptshp LP
—
Deed Of Trust
related
$70,000 · Withers G S & V L 2017 Tr (rt)
—
—
Mission Development
—
Deed Of Trust
related
$600,000 · Westamerica 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?”
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.
