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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Banks
403 Bidwell St Folsom, CA 95630-3116
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3533410
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1981
Construction
WOOD
Total area
8,786 SF
Zoning code
C-2
APN
071-0190-095-0000
UPID
US09-3533410
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
-
Merrill Investment & Retirement Financial Center Financial Advisor
-
Bank of America (with Drive-thru ATM) Bank Loan Service
-
Bank of America ATM (Drive-thru) Financial Planner Atm
-
Mortgage, Bank of America Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$666k
Blend (final)
Blend
$575k
Owner & transaction history
Blue Bronco LLC · 2 yrs held
Blue Bronco LLC
since 2023
1 recorded transaction
Zoning & alternative use
C-2 · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the C-2 zone is to designate areas appropriate for a wide range of commercial activities serving the entire community the C-2 zone will include all sizes of shopping centers only manufacturing, warehousing, and the heaviest commercial uses are excluded the C-2 zone should be located on major arterials and thoroughfares
Zone name
Central Business District
General category
INDUSTRIAL
Zone area
75.33 ac
Source
Realmo
Top alternative use upside
Medical building
$925,000
+22.3%
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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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
by Request
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$755,000
Current use
MEDICAL BUILDING
$925,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$675,000
Change: -11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$655,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$65 / 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
$28,330
Tax year 2024
Assessed value
$2,600,000
Assessed 2024
Previous assessed
$2,600,000
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$730,000
Assessed improvement
$1,870,000
Applied tax rate
4.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD
Buildings
2
Stories
2
Total area
8,786 SF
Zoning code
C-2
APN
071-0190-095-0000
UPID
US09-3533410
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2 · Folsom, CAZoning C-2 · permitted uses
C-2 · Folsom, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the C-2 zone is to designate areas appropriate for a wide range of commercial activities serving the entire community the C-2 zone will include all sizes of shopping centers only manufacturing, warehousing, and the heaviest commercial uses are excluded the C-2 zone should be located on major arterials and thoroughfares
Zone name
Central Business District
General category
INDUSTRIAL
Zone area
75.33 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$755,000
MEDICAL BUILDING
Est. value
$925,000
RETAIL STORES
Est. value
$675,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$655,000
FINANCIAL BUILDING Current
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1981
Construction
WOOD
Stories
2
Buildings
2
Current owner
From public records · entity-resolved
Blue Bronco LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1801 I ST STE #200, SACRAMENTO, CA 95811-3000
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2023
—
Blue Bronco LLC
Bidwell Place LP
Grant Deed
—
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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