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Property profile & analytics
OFF-MARKET
Estimated value
$1,635,000
Medical Office Space
4815 Watt Ave North Highlands, CA 95660-5108
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2342916
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Construction
TILT-UP CONCRETE
Total area
20,502 SF
Lot
1.79 ac (77,972 SF)
Zoning code
SPA
APN
240-0550-067-0000
UPID
US09-2342916
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
-
PENNY LEE LARSON Physician
-
Sukhwinder Singh Dhall Dental Office
-
MANUEL ALLEN SABIN Pediatrician Physician
-
RODNEY FAUCETT Physician
-
GRACE TIDWELL Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.64M
Owner & transaction history
Elica Health Centers · 7 yrs held
Elica Health Centers
since 2018
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
SPA · North Highlands, 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 North Highlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Highlands 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
$1,785,000
ML approach
$1,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±10% · vs last sale $1.50M (Jan 19 2021)
Last sale anchor
$1.50M
Jan 19 2021
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
$80 / 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
$84,734
Tax year 2024
Assessed value
$6,526,428
Assessed 2024
Previous assessed
$6,526,428
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,241,613
Assessed improvement
$5,284,815
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 BUILDING
Status
Off-Market
Year built
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
20,502 SF
Lot
1.79 ac (77,972 SF)
Zoning code
SPA
APN
240-0550-067-0000
UPID
US09-2342916
Jurisdiction
SACRAMENTO
Zoning & alternative use
SPA · North Highlands, CA
Zoning SPA · permitted uses
SPA · North Highlands, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Highlands. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
1.79 ac
Current owner
From public records · entity-resolved
Elica Health Centers
Individual
Mailing address
1860 HOWE AVE STE #440, SACRAMENTO, CA 95825-1098
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2022
—
Elica Health Centers
—
Deed
related
$5,800,000 · Community Vision Capital & Consulting
Jan 19, 2021
—
Elica Support Corp
—
Deed Of Trust
related
$6,555,500 · Pcdc Health Opportunities Fund
Jun 23, 2020
—
Elica Health Centers
—
Deed
related
$5,830,000 · Primary Care Dev Corp
Dec 26, 2018
—
Elica Health Centers
Elica Health Centers
Quit Claim Deed
related
$4,125,000 · Five Star Bk
Sep 27, 2018
$1,500,000
Elica Health Centers
Brocchini Family Ptshp
Grant Deed
—
Aug 16, 2006
—
Brocchini Family Ptshp LP
Owner Name Unavailable
Grant Deed
—
—
—
Elica Health Centers
—
Deed Of Trust
related
$5,830,000 · Primary Care Dev Corp
—
—
Elica Health Centers
—
Deed Of Trust
related
$5,643,000 · Primary Care Dev Corp
—
—
Brocchini Family Ptshp
—
Deed Of Trust
related
$1,571,025 · Bank Of Stockton
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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