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Property profile & analytics
OFF-MARKET
Estimated value
$2,815,000
Retail space
4949 Marconi Ave Carmichael, CA 95608-6827
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2325416
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Construction
TILT-UP CONCRETE
Total area
17,740 SF
Lot
1.57 ac (68,389 SF)
Zoning code
SC
APN
271-0142-033-0000
UPID
US09-2325416
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
-
Marconi & Walnut Shopping Center Business Service Center Corporate Office
-
Carmichael Cigarettes And Gifts (Bike/Boat/Book/etc) Store
-
Silver Sake Sushi Restaurant
-
Round Table Pizza Restaurant
-
MZ Smoke Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.56M
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$2.82M
Owner & transaction history
Marconi Walnut Sc LLC · 5 yrs held
Marconi Walnut Sc LLC
since 2021
5 recorded transactions
Zoning & alternative use
SC · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.6M
+129.5%
Auto repair, garage
$4.6M
+127.6%
Apartment house (5+ units)
$4.6M
+127.4%
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%
$3,850,000
6.5%
$3,555,000
7%
$3,300,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,010,000
Current use
MEDICAL BUILDING
$4,620,000
Change: +130% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,580,000
Change: +128% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,575,000
Change: +127% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,145,000
Change: +106% · Conversion: Easy
Blend value · Realmo final
$2.82M
Range $2.53M – $3.10M · ±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
$159 / 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
$38,981
Tax year 2024
Assessed value
$3,225,240
Assessed 2024
Previous assessed
$3,225,240
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,248,480
Assessed improvement
$1,976,760
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
17,740 SF
Lot
1.57 ac (68,389 SF)
Zoning code
SC
APN
271-0142-033-0000
UPID
US09-2325416
Jurisdiction
SACRAMENTO
Zoning & alternative use
SC · Carmichael, CA
Zoning SC · permitted uses
SC · 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
RETAIL STORES Current
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.1M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (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
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.57 ac
Current owner
From public records · entity-resolved
Marconi Walnut Sc LLC
Entity
Free & Clear · 5 yrs held
Mailing address
3508 CODY WAY STE #100, SACRAMENTO, CA 95864-1541
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2021
—
Marconi Walnut Sc LLC
Jeffrey S Adams
Grant Deed
—
Jul 12, 2019
—
Bypass,adams Trust
Adams Lawson & Joan W Trust
Quit Claim Deed
related
—
Apr 17, 2012
—
Mahoney Michael T Trust
Mahoney,michael T
Quit Claim Deed
related
—
Apr 24, 2008
—
Lehman Family Trust
Lehman Family Trust
Quit Claim Deed
—
May 8, 2007
—
Adams Family Trust
Marconi-walnut 2
Grant Deed
related
—
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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