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Property profile & analytics
FOR SALE
Office Spaces
373 Elm Ave Auburn, CA 95603
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-7181854
For Sale
1 / 47
$5,000,000
373 Elm Ave, Auburn, CA 95603
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Construction
CONCRETE
Total area
20,975 SF
Lot
0.52 ac (22,666 SF)
APN
001-072-017-000
UPID
US09-7181854
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
$2.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.84M
Blend (final)
Blend
$2.88M
Owner & transaction history
Eic Special Holding Co · 4 yrs held
Eic Special Holding Co
since 2022
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$2,905,000
ML approach
$2,820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.88M
Range $2.59M – $3.17M · ±10% · vs last sale $2.90M (Jul 11 2022)
Last sale anchor
$2.90M
Jul 11 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
$137 / 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
$34,371
Tax year 2024
Assessed value
$2,866,302
Assessed 2024
Previous assessed
$2,866,302
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$234,090
Assessed improvement
$2,632,212
Applied tax rate
1.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
2007
Construction
CONCRETE
Heating
NONE
Units
15
Total area
20,975 SF
Lot
0.52 ac (22,666 SF)
APN
001-072-017-000
UPID
US09-7181854
Jurisdiction
PLACER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE
Heating
NONE
Units
15
Lot
0.52 ac
Current owner
From public records · entity-resolved
Eic Special Holding Co
Entity
Mailing address
15130 CONCORD CIR, MORGAN HILL, CA 95037-5428
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2022
—
Eic Special Holding Co
Specialized Bicycle Components INC
Intrafamily Transfer
related
—
Sep 17, 2021
$2,900,000
Specialized Bicycle Components INC
Bringhurst LLC
Grant Deed
—
Sep 19, 2017
$2,250,000
Bringhurst LLC
373 Elm Avenue LLC
Grant Deed
$787,000 · 373 Elm Avenue LLC
Oct 14, 2014
—
373 Elm Ave LLC
Braatz,roy R & Tamra
Grant Deed
—
Mar 13, 2014
$1,400,000
Roy R Braatz
Kincaid,james B
Grant Deed
$1,200,000 · James B Kincaid
Feb 24, 2012
—
James B Kincaid
Kincaid,annette
Quit Claim Deed
related
—
Feb 24, 2012
$550,000
James B Kincaid
Citizens Bk Of Nthrn Ca
Grant Deed
—
May 12, 2011
$30,000
Citizens Bk Of Nthrn Ca
City Of Auburn
Grant Deed
—
Jun 16, 2009
$2,800,000
Citizens Bk Of Nthrn Ca
Placer Foreclosure INC
Trustees Deed
related
—
—
—
Paul H Hillesheim
—
Deed Of Trust
related
$550,000 · Citizens Bank Northern Ca
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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