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Property profile & analytics
OFF-MARKET
Estimated value
$18,625,000
Apartment buildings
3701 Prt Dr Sacramento, CA 95826-5107
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2674941
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1970
Construction
WOOD
Total area
81,852 SF
Lot
4.13 ac (179,902 SF)
Zoning code
RD-30
APN
074-0290-007-0000
UPID
US09-2674941
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.78M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.63M
Owner & transaction history
Redwood Property Investors III LLC · 2 yrs held
Redwood Property Investors III LLC
since 2023
Last sale
$17.9M
6 recorded transactions
Zoning & alternative use
RD-30 · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$25.7M
+5.9%
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
Method
Estimation
Statistic approach
$18,915,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$21,430,000
6.5%
$19,780,000
7%
$18,370,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$24,250,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$25,675,000
Change: +6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$20,945,000
Change: -14% · Conversion: Difficult
MEDICAL BUILDING
$20,840,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$18.63M
Range $16.76M – $20.49M · ±10% · vs last sale $17.90M (Sep 21 2023)
Last sale anchor
$17.90M
Sep 21 2023
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
$228 / 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
$182,908
Tax year 2024
Assessed value
$15,748,000
Assessed 2024
Previous assessed
$15,748,000
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,020,000
Assessed improvement
$13,728,000
Applied tax rate
53.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
100
Total area
81,852 SF
Lot
4.13 ac (179,902 SF)
Zoning code
RD-30
APN
074-0290-007-0000
UPID
US09-2674941
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-30 · Sacramento, CA
Zoning RD-30 · permitted uses
RD-30 · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$24.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$25.7M
AUTO REPAIR, GARAGE
Est. value
$20.9M
MEDICAL BUILDING
Est. value
$20.8M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1970
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
100
Lot
4.13 ac
Current owner
From public records · entity-resolved
Redwood Property Investors III LLC
Entity
Free & Clear · 2 yrs held
Mailing address
360 GRAND AVE #340, OAKLAND, CA 94610-4840
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2023
—
Redwood Property Investors III LLC
—
Deed
related
$45,000,000 · Us Bank NA
Sep 21, 2023
$17,900,000
Redwood Property Investors III LLC
Pi Properties No 12 Sacramento
Grant Deed
—
Jan 13, 2020
—
Pi Prop No 12 Sacramento LLC
—
Grant Deed
related
$1,285,800 · Capital One Nat'l Assn
Jan 9, 2020
$15,700,000
Pi Prop No 12 Sacramento LLC
Port Drive LP
Grant Deed
—
Jul 24, 2017
—
Port Drive LP
Vm Rosemont Terrace Apartments
Quit Claim Deed
related
—
Nov 10, 2015
$7,700,000
Vm Rosemont Terrace Apartments LP
Pp Rosemont Terrace LLC
Grant Deed
$5,005,000 · Jpmorgan Chase Bank NA
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.
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