Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    490 Munroe St Sacramento, CA 95825-6401
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    490 Munroe St Sacramento, CA 95825-6401

    View on Map
    • Office buildings
    • 1,209 SF
    • 0.29 lot acres
    Off-Market
    Property ID
    US09-2533038
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • United Wholesale Lending / Loan Service / Bank
    • Organic Skin Studio / Spa & Massage Center / Alternative Medicine Practice
    • Gatherings / (Bike/Boat/Book/etc) Store

    Property Details for 490 Munroe St

    Year built
    1972
    Construction
    WOOD
    Lot size
    0.29 lot acres
    Property size
    1,209 SF
    Zone code
    LC
    Property type
    Office buildings
    APN
    293-0011-017-0000
    APU
    29300110170000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.401
    Latitude
    38.5737
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,595
    $45,625
    $66,010
    $111,635
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $945,000
      7,498 SF

      7 Park Ctr Dr

      OFFICE BUILDING • 7,498 SF
      7 Park Ctr Dr, Sacramento, CA 95825-8359
      View Details
    • Value Estimation by Request
      4,246 SF

      2100 Northrop Ave

      OFFICE BUILDING • 4,246 SF
      2100 Northrop Ave, Sacramento, CA 95825-3937
      View Details
    • Value Estimation
      $2,255,000
      17,233 SF

      1337 Howe Ave

      OFFICE BUILDING (MULTI-STORY) • 17,233 SF
      1337 Howe Ave, Sacramento, CA 95825-3361
      View Details
    • Value Estimation
      $5,840,000
      60,124 SF

      2020 Hurley Way

      OFFICE BUILDING (MULTI-STORY) • 60,124 SF
      2020 Hurley Way, Sacramento, CA 95825-3223
      View Details
    • Value Estimation
      $1,800,000
      11,253 SF

      99 Scripps Dr

      OFFICE BUILDING (MULTI-STORY) • 11,253 SF
      99 Scripps Dr, Sacramento, CA 95825-6317
      View Details
    • Value Estimation by Request
      936 SF

      2524 Tesla Way

      OFFICE BUILDING • 936 SF
      2524 Tesla Way, Sacramento, CA 95825-1912
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,494 SF

      Arden Way Investment Opportunity

      10,494 sq ft Sacramento property approved for multifamily conversion.
      2391 Arden Way, Sacramento, CA 95825
      View Details
    • Contact for pricing
      21,453 SF

      Watt Avenue Office Buildings

      Two office buildings with high traffic exposure on Watt Avenue.
      2265-2275 Watt Ave, Sacramento, CA 95825
      View Details
    • Contact for pricing
      6,096 SF

      Sacramento Office Building For Sale

      6,096 SF office building in Sacramento near retail amenities.
      701 Howe Ave, Sacramento, CA 95825
      View Details
    • $399,000
      1,460 SF

      Modern Office Condominium For Sale

      Modern Office Condominium For Sale
      947 Enterprise Drive #I, Sacramento, CA 95825
      View Details
    • $995,000
      8,996 SF

      Chance to Own an Income Producing Business

      Chance to Own an Income Producing Business
      650 Howe Avenue #1030, Sacramento, CA 95825
      View Details
    • $1,299,000
      3,478 SF

      Sacramento Office Building For Sale

      Office building with courtyard and convenient highway access.
      735 University Ave, Sacramento, CA 95825
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Garden Style Office Park

      Class A office park with lush landscaping and bike trail.
      655 University Ave, Sacramento, CA 95825
      View Details
    • Contact for pricing

      Class A Office Building

      Largest Class-A office building with flexible layouts and amenities.
      1750 Howe Ave, Sacramento, CA 95825
      View Details
    • Contact for pricing
      5,000 SF

      Sacramento Office Space Available

      5,000 square foot office space for rent in Sacramento.
      2277 Fair Oaks Blvd, Sacramento, CA 95825
      View Details
    • Contact for pricing

      Fair Oaks Boulevard Office Space

      Office space available for rent on Fair Oaks Boulevard.
      2277 Fair Oaks Blvd, Sacramento, CA 95825
      View Details
    • Contact for pricing
      1,405 SF

      Modern Office Building on Fulton

      Freestanding office building with ample natural light for rent.
      950 Fulton Ave, Sacramento, CA 95825
      View Details
    • Contact for pricing
      3,300 SF

      Sierra Oaks Designed Office Building

      Architecturally designed office building in Sierra Oaks, Sacramento.
      111 Scripps Dr, Sacramento, CA 95825
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    490 Munroe St
    Sacramento, CA 95825-6401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!