Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,505,000
Community centers
4207 Elverta Rd Antelope, CA 95843-4735
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-2591146
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2006
Construction
WOOD
Total area
22,540 SF
Lot
4.28 ac (186,436 SF)
Zoning code
SC
APN
203-1660-031-0000
UPID
US09-2591146
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
$6.53M
Comparable Approach
Comparable
$5.79M
Blend (final)
Blend
$6.51M
Owner & transaction history
Ethan Conrad
Ethan Conrad
since 2025
Last sale
$6.9M
5 recorded transactions
Zoning & alternative use
SC · Antelope, CA
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 Antelope submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Antelope 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%
$7,065,000
6.5%
$6,525,000
7%
$6,055,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$7,070,000
Current use
APARTMENT HOUSE (5+ UNITS)
$6,680,000
Change: -6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,765,000
Change: -18% · Conversion: Difficult
MEDICAL BUILDING
$5,740,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$6.51M
Range $5.85M – $7.16M · ±10% · vs last sale $6.85M (May 26 2025)
Last sale anchor
$6.85M
May 26 2025
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
$289 / 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
$60,558
Tax year 2024
Assessed value
$3,913,787
Assessed 2024
Previous assessed
$3,913,787
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$2,083,146
Assessed improvement
$1,830,641
Applied tax rate
61.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
22,540 SF
Lot
4.28 ac (186,436 SF)
Zoning code
SC
APN
203-1660-031-0000
UPID
US09-2591146
Jurisdiction
SACRAMENTO
Zoning & alternative use
SC · Antelope, CA
Zoning SC · permitted uses
SC · Antelope, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Antelope. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$7.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.7M
AUTO REPAIR, GARAGE
Est. value
$5.8M
MEDICAL BUILDING
Est. value
$5.7M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
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
2006
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
4.28 ac
Current owner
From public records · entity-resolved
Ethan Conrad
Individual
Free & Clear · 0 yrs held
Mailing address
500 N BRAND BLVD STE #1670, GLENDALE, CA 91203-4708
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2025
—
Ethan Conrad
—
Deed
related
$4,400,000 · Citizens Business Bank
Aug 26, 2025
$6,850,000
Ethan Conrad
Am Antelope Marketplace L P
Grant Deed
—
Nov 30, 2008
—
Am Antelope Marketplace
Am Antelope Marketplace
Quit Claim Deed
related
—
Feb 15, 2008
$4,052,000
Am Antelope Marketplace
Walerga Investors
Grant Deed
—
Feb 15, 2008
—
Walerga Investors
—
Deed Of Trust
related
$7,135,000 · Merrill Lynch Mtg Tr 2006-c2
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4207 Elverta Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
