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Property profile & analytics
FOR LEASE
Office buildings
3640 Northgate Blvd Sacramento, CA 95834
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1226562
For Lease
$13.20 SF/Yr
3640 Northgate Blvd, Sacramento, CA 95834
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
TILT-UP CONCRETE
Total area
69,632 SF
Lot
4.26 ac (185,565 SF)
Zoning code
C-4
APN
250-0360-018-0000
UPID
US09-1226562
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
-
Sacramento ABM Office Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.85M
Owner & transaction history
Schwager Dev LLC · 9 yrs held
Schwager Dev LLC
since 2016
7 recorded transactions
Zoning & alternative use
C-4 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$113 / 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
$74,882
Tax year 2024
Assessed value
$5,584,130
Assessed 2024
Previous assessed
$5,584,130
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,058,178
Assessed improvement
$4,525,952
Applied tax rate
3.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
69,632 SF
Lot
4.26 ac (185,565 SF)
Zoning code
C-4
APN
250-0360-018-0000
UPID
US09-1226562
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-4 · Sacramento, CA
Zoning C-4 · permitted uses
C-4 · 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
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
4.26 ac
Current owner
From public records · entity-resolved
Schwager Dev LLC
Entity
Free & Clear · 9 yrs held
Mailing address
198 HILLSDALE AVE, SAN JOSE, CA 95136-1398
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2016
$4,600,000
Schwager Dev LLC
Hammonds W E Trust
Grant Deed
—
Dec 6, 2012
—
Hicks Mary Living Trust
Hicks,mary H
Quit Claim Deed
related
—
Oct 14, 2008
—
Hammonds James M Living Trust
Hammonds,james M
Quit Claim Deed
related
—
Jan 10, 2006
—
William E Hammonds
Cartwright Holding
Grant Deed
—
Jun 21, 1990
$6,202,000
Holdi Cartwright
Sic II
Grant Deed
—
—
—
N Sic II
—
Deed Of Trust
related
$4,545,000 · Sma Life Assurna
—
—
Vivian Medeiros
—
Deed Of Trust
related
$10,000 · Bank Of America
—
—
Cartwright Holding Co
—
Deed Of Trust
related
—
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?”
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