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Property profile & analytics
OFF-MARKET
Estimated value
$2,125,000
Office buildings
4944 Sunrise Blvd Fair Oaks, CA 95628-4941
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-3513501
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1993
Construction
WOOD
Total area
12,548 SF
Lot
1.24 ac (54,014 SF)
Zoning code
BP
APN
244-0360-017-0000
UPID
US09-3513501
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
-
Entourage MD Skin & Wellness Spa & Massage Center Alternative Medicine Practice
-
Emerald City Hair Studio Hair Salon
-
Knots B4 Today Massage Alternative Medicine Practice Spa & Massage Center
-
Fair Oaks Garage Doors Services Construction Company General Contractor
-
Hikari No Te Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.13M
Owner & transaction history
Hefe Real Estate · 5 yrs held
Hefe Real Estate
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
BP · Fair Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.3M
+0.5%
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 Fair Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Oaks 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
$2,145,000
ML approach
$2,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,250,000
Current use
MEDICAL BUILDING
$3,265,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,240,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,930,000
Change: -10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,620,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.13M
Range $1.91M – $2.34M · ±10% · vs last sale $2.03M (Jul 20 2021)
Last sale anchor
$2.03M
Jul 20 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
$169 / 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
$26,420
Tax year 2024
Assessed value
$2,106,810
Assessed 2024
Previous assessed
$2,106,810
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$520,200
Assessed improvement
$1,586,610
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1993
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
12,548 SF
Lot
1.24 ac (54,014 SF)
Zoning code
BP
APN
244-0360-017-0000
UPID
US09-3513501
Jurisdiction
SACRAMENTO
Zoning & alternative use
BP · Fair Oaks, CAZoning BP · permitted uses
BP · Fair Oaks, 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
OFFICE BUILDING Current
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$2.9M
INDUSTRIAL (GENERAL)
Est. value
$2.6M
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1993
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
1.24 ac
Current owner
From public records · entity-resolved
Hefe Real Estate
Individual
Mailing address
PO BOX 2133, FOLSOM, CA 95763-2133
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2021
$2,025,000
Hefe Real Estate
Sandhu Estates LLC
Grant Deed
$960,400 · Wells Fargo Bank NA
May 4, 2016
$1,500,000
Sandhu Estates LLC
Pacific States Captial Corp
Grant Deed
$1,050,000 · Bank Of The West
Dec 22, 2011
$1,135,000
Pacific States Capital Corp
Vfc Properties 6 LLC
Grant Deed
$737,750 · Metro United Bank
Apr 6, 2011
$1,200,000
Vfc Properties 6 LLC
Fidelity National Title Co
Trustees Deed
related
—
May 14, 1999
$1,200,000
John R Lemke
Foundation Health Facilities C
Grant Deed
$1,080,000 · Money Store Investment Corp
Nov 1, 1996
—
Health Facilities I Foundation
Foundation Health Medical Serv
Quit Claim Deed
related
—
Feb 29, 1996
—
Foundation Health Medical Svcs
Foundation Health
Quit Claim Deed
related
—
Dec 29, 1992
$500,000
Foundation Health
Olson Trust
Grant Deed
—
—
—
Pacific Sts Cap Corp
—
Deed Of Trust
related
$100,000 · Richard Thurlow
—
—
John R Lemke
—
Deed Of Trust
related
$125,000 · Canyon Park LLC
—
—
Terrie L Lemke
—
Deed Of Trust
related
$1,660,000 · Capitol Valley Bank
—
—
Vfc Properties 6 LLC
—
Deed Of Trust
related
$956,355 · Vfc Partners 6 LLC
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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