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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Community centers
4515 Fermi Pl Davis, CA 95618-9410
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-3845784
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2013
Construction
WOOD
Total area
8,909 SF
Lot
0.92 ac (40,075 SF)
Zoning code
PD
APN
071-423-003-000
UPID
US09-3845784
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
-
Davis Smiles Dentistry Dental Office
-
Zaid Shakir Faraji Dental Office
-
LEZLEY BROWN Pediatrician Physician
-
Beach Hut Deli Food Market Restaurant
-
Davis Urgent Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$635k
Blend (final)
Blend
$605k
Owner & transaction history
Lincoln Sterling Investment Group L · 10 yrs held
Lincoln Sterling Investment Group L
since 2015
7 recorded transactions
Zoning & alternative use
PD · Davis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$995,000
+113.3%
Retail stores
$535,000
+14.5%
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 Davis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davis 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
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$465,000
Current use
INDUSTRIAL (GENERAL)
$995,000
Change: +113% · Conversion: Difficult
RETAIL STORES
$535,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$68 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$40,107
Tax year 2023
Assessed value
$3,208,675
Assessed 2023
Previous assessed
$3,208,675
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$910,262
Assessed improvement
$2,298,413
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2013
Construction
WOOD
Heating
CENTRAL
Stories
1
Total area
8,909 SF
Lot
0.92 ac (40,075 SF)
Zoning code
PD
APN
071-423-003-000
UPID
US09-3845784
Jurisdiction
YOLO
Zoning & alternative use
PD · Davis, CAZoning PD · permitted uses
PD · Davis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$465,000
INDUSTRIAL (GENERAL)
Est. value
$995,000
RETAIL STORES
Est. value
$535,000
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
RETAIL STORES
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
2013
Construction
WOOD
Heating
CENTRAL
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Lincoln Sterling Investment Group L
Entity
Mailing address
5050 LAGUNA BLVD, ELK GROVE, CA 95758-4193
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2017
—
Lincoln Sterling Inv Group LLC
—
Deed
related
$1,666,316 · Jp Morgan Chase Bk
Nov 10, 2016
—
Lincoln Sterling Inv Group LLC
—
Deed
related
$1,666,316 · Jp Morgan Chase Bk
Nov 8, 2016
—
Lincoln Sterling Inv Group LLC
—
Deed
related
$1,371,000 · California Statewide Certified
Aug 21, 2015
$2,820,000
Lincoln Sterling Investment Group L
Davis Madison Investors LLC
Grant Deed
$1,666,316 · Jpmorgan Chase Bank NA
Apr 24, 2013
—
Davis-madison Investors LLC
—
Trustees Deed
related
$1,500,000 · Mechanics Bank
—
—
Lincoln Sterling Inv Group LLC
—
Deed Of Trust
related
$1,666,316 · Jp Morgan Chase Bk
—
—
Lincoln Sterling Inv Group LLC
—
Deed Of Trust
related
$1,666,316 · Jp Morgan Chase Bk
—
—
Lincoln Sterling Inv Group LLC
—
Deed Of Trust
related
$1,371,000 · California Statewide Certified
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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