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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Retail space
409 Natoma St Folsom, CA 95630-2621
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-1034097
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Construction
WOOD
Total area
4,888 SF
Lot
0.58 ac (25,200 SF)
Zoning code
C-1
APN
070-0166-009-0000
UPID
US09-1034097
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
-
Brissa & Co. Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$980k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$965k
Owner & transaction history
Robert L Lin · 7 yrs held
Robert L Lin
since 2018
7 recorded transactions
Zoning & alternative use
C-1 · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the C-1 zone is to designate areas suitable for low intensity retail commercial activities oriented to serving nearby residential areas uses typically will be small retail services oriented activities including small shopping centers the C-1 zone should be located on major arterials or secondary streets
Zone name
Neighborhood Business District
General category
COMMERCIAL
Zone area
16.00 ac
Source
Realmo
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,060,000
6.5%
$980,000
7%
$910,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,575,000
Current use
MEDICAL BUILDING
$1,275,000
Change: -19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,260,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$197 / 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
$40,309
Tax year 2024
Assessed value
$1,634,676
Assessed 2024
Previous assessed
$1,634,676
+0.0% YoY
Effective rate
2.47%
On assessed value
Assessed land
$656,186
Assessed improvement
$978,490
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Buildings
2
Total area
4,888 SF
Lot
0.58 ac (25,200 SF)
Zoning code
C-1
APN
070-0166-009-0000
UPID
US09-1034097
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-1 · Folsom, CAZoning C-1 · permitted uses
C-1 · 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-1 zone is to designate areas suitable for low intensity retail commercial activities oriented to serving nearby residential areas uses typically will be small retail services oriented activities including small shopping centers the C-1 zone should be located on major arterials or secondary streets
Zone name
Neighborhood Business District
General category
COMMERCIAL
Zone area
16.00 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1959
Construction
WOOD
Heating
NONE
Buildings
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Robert L Lin
Individual
Mailing address
409 NATOMA ST, FOLSOM, CA 95630-2621
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Apr 27, 2022
—
Glemente G Heredia
—
Deed
related
$922,099 · Bank Of The West
Dec 31, 2018
—
Robert L Lin
Heredia,clemente
Quit Claim Deed
related
—
Dec 31, 2018
$675,000
Heredia Family Living Trust
Lin,robert L
Grant Deed
related
$800,000 · Hughes Family Trust (pt)
Nov 19, 2015
$510,000
Robert L Lin
Vfc Properties 20 LLC
Grant Deed
—
Jul 18, 2012
$661,938
Vfc Properties 20 LLC
Fci Lender Services INC
Trustees Deed
related
—
Apr 11, 2001
—
David Garnica
—
Trustees Deed
related
$353,450 · Community National Bank
Jan 2, 1997
$340,000
David Garnica
Inks,dennis D & Kay I
Grant Deed
$300,000 · Seller
—
—
Vfc Properties 20 LLC
—
Deed Of Trust
related
$322,080 · Vfc Partners 20 LLC
—
—
David Garnica
—
Deed Of Trust
related
$651,450 · Community National Bank
—
—
David H Garnica
—
Deed Of Trust
related
$630,000 · Bank Of America
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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