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Property profile & analytics
OFF-MARKET
Estimated value
$4,055,000
Medical Office Space
4741 Engle Rd Carmichael, CA 95608-2223
Entity Owned
27-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1567254
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1965
Construction
TILT-UP CONCRETE
Total area
24,943 SF
Lot
2.22 ac (96,703 SF)
Zoning code
BP (NPA)
APN
256-0040-030-0000
UPID
US09-1567254
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
-
Crestwood Behavioral Health Center Crisis Center Medical Clinic
-
Ivory-Jones Hollie M Counselor
-
Soloway Ann K Physician
-
Michael Abner Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.91M
Comparable Approach
Comparable
$5.43M
Blend (final)
Blend
$4.06M
Owner & transaction history
American River Investments LLC · 27 yrs held
American River Investments LLC
since 1998
4 recorded transactions
Zoning & alternative use
BP (NPA) · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.7M
+2.5%
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 Carmichael submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmichael 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%
$4,230,000
6.5%
$3,905,000
7%
$3,625,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,495,000
Current use
OFFICE BUILDING
$6,655,000
Change: +2% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,440,000
Change: -1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,435,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,825,000
Change: -10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$5,205,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$4.06M
Range $3.65M – $4.46M · ±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
$163 / 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
$44,592
Tax year 2024
Assessed value
$3,688,757
Assessed 2024
Previous assessed
$3,688,757
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,040,529
Assessed improvement
$2,648,228
Applied tax rate
54.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
24,943 SF
Lot
2.22 ac (96,703 SF)
Zoning code
BP (NPA)
APN
256-0040-030-0000
UPID
US09-1567254
Jurisdiction
SACRAMENTO
Zoning & alternative use
BP (NPA) · Carmichael, CA
Zoning BP (NPA) · permitted uses
BP (NPA) · Carmichael, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carmichael. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$6.5M
OFFICE BUILDING
Est. value
$6.7M
AUTO REPAIR, GARAGE
Est. value
$6.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.4M
COMMERCIAL (GENERAL)
Est. value
$5.8M
INDUSTRIAL (GENERAL)
Est. value
$5.2M
MEDICAL BUILDING Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.22 ac
Current owner
From public records · entity-resolved
American River Investments LLC
Entity
Free & Clear · 27 yrs held
Mailing address
7590 SHORELINE DR, STOCKTON, CA 95219-5455
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 1998
$2,400,000
American River Investments LLC
Eskaton Proeprties INC
Trustees Deed
—
Jul 27, 1994
—
Baygell Properties
Eskaton Properti
Grant Deed
related
—
—
—
Lytal Trust
—
Deed Of Trust
related
$2,040,000 · Bank Of Stockton
—
—
American River Investments LLC
—
Deed Of Trust
related
$300,000 · Eskaton Properties INC
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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