Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3903 49th Ave Sacramento, CA 95823-1153

    • Apartment buildings
    • 82,404 SF
    • 4.38 lot acres
    OFF-MARKET
    Value Estimations
    $16,020,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1413563
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mulberry Estates / Apartment Complex / Apartment Building

    Property Details for 3903 49th Ave

    Year built
    1973
    Construction
    WOOD
    Lot size
    4.38 lot acres
    Property size
    82,404 SF
    Zone code
    RD-30 (NPA
    Property type
    Apartment buildings
    APN
    039-0071-008-0000
    APU
    3900710080000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $21,110,000
      6.5%
      $19,485,000
      7%
      $18,095,000

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $24,415,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $25,970,000
      Change: +6% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $21,085,000
      Change: -14% Conversion: Difficult
      MEDICAL BUILDING
      $20,985,000
      Change: -14% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.462
    Latitude
    38.5071
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $224,104
    $2,016,295
    $17,085,448
    $19,101,743
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $7,645,000
      67,744 SF

      5445 Mack Rd

      APARTMENT HOUSE (100+ UNITS) • 67,744 SF
      5445 Mack Rd, Sacramento, CA 95823-4512
      View Details
    • Value Estimation
      $8,055,000
      39,245 SF

      6285 Jacinto Ave

      APARTMENT HOUSE (5+ UNITS) • 39,245 SF
      6285 Jacinto Ave, Sacramento, CA 95823-7653
      View Details
    • Value Estimation
      $9,565,000
      67,200 SF

      5622 Florin Rd

      APARTMENT HOUSE (5+ UNITS) • 67,200 SF
      5622 Florin Rd, Sacramento, CA 95823-2269
      View Details
    • Value Estimation
      $12,125,000
      100,704 SF

      4719 50th Ave

      APARTMENT HOUSE (100+ UNITS) • 100,704 SF
      4719 50th Ave, Sacramento, CA 95823-1349
      View Details
    • Value Estimation
      $23,325,000
      209,480 SF

      4945 Mack Rd

      APARTMENT HOUSE (100+ UNITS) • 209,480 SF
      4945 Mack Rd, Sacramento, CA 95823-4568
      View Details
    • Value Estimation
      $2,405,000
      98,528 SF

      5152 Mack Rd

      APARTMENT HOUSE (100+ UNITS) • 98,528 SF
      5152 Mack Rd, Sacramento, CA 95823-6477
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      120-Unit Apartment Community For Sale

      120-unit apartment community with recent upgrades and convenient location.
      6601 44Th St, Sacramento, CA 95823
      View Details
    • $1,200,000
      0.79 Acres

      0.79 AC Single Infill Parcel

      0.79 AC Single Infill Parcel
      7273 Luther Drive, Sacramento, CA 95823
      View Details
    • $320,000
      435,600 SF

      Beautifully Built-out Restaurant in the Heart of a Bustling Asian Community Shopping Center

      Beautifully Built-out Restaurant in the Heart of a Bustling Asian Community Shopping Center
      1 Stockton Blvd, Sacramento, CA 95823
      View Details
    • Contact for pricing
      5,261 SF

      Freestanding Restaurant Building For Sale

      Freestanding restaurant with excellent visibility and parking.
      4439 Florin Rd, Sacramento, CA 95823
      View Details
    • $1,500,000
      4,848 SF

      4,848 SF Freestanding Restaurant/Bar on a 0.73 AC lot - Turnkey NN Investment Opportunity

      4,848 SF Freestanding Restaurant/Bar on a 0.73 AC lot - Turnkey NN Investment Opportunity
      7121 Governors Circle, Sacramento, CA 95823
      View Details
    • Contact for pricing
      4,200 SF

      Retail Property in College Square

      Freestanding retail building in a high-traffic shopping center.
      7301 W Stockton Blvd, Sacramento, CA 95823
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Florin Centre

      Retail spaces available within Florin Towne Centre.
      6035 Florin Rd, Sacramento, CA 95823
      View Details
    • $2.00 SF/Yr

      Retail Space Near Walmart

      Retail space available in a busy Sacramento shopping center.
      6035 Florin Rd, Sacramento, CA 95823
      View Details
    • Contact for pricing

      Laguna Village Retail Center Space

      Community center with shop space available in Sacramento, CA.
      8755-8785 Center Pkwy, Sacramento, CA 95823
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Southgate Plaza

      Retail space with high traffic exposure on Florin Road.
      4420-4518 Florin Rd, Sacramento, CA 95823
      View Details
    • Contact for pricing
      12,000 SF

      Sacramento Retail Space For Rent

      Retail space in a busy Sacramento power center.
      6071 Florin Rd, Sacramento, CA 95823
      View Details
    • $2.00 SF/Yr

      Retail Space Near Walmart

      Retail spaces available in a Walmart-shadowed shopping center.
      6035 Florin Rd, Sacramento, CA 95823
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3903 49th Ave
    Sacramento, CA 95823-1153
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!