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Property profile & analytics
OFF-MARKET
Estimated value
$9,540,000
Medical Office Space
501 Jessie Ave Sacramento, CA 95838-2608
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2683210
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1974
Construction
WOOD
Total area
25,507 SF
Lot
4.85 ac (211,265 SF)
Zoning code
R-1
APN
237-0100-025-0000
UPID
US09-2683210
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
-
Windsor Care Center Parking Lot & Garage
-
Windsor Care Center of Sacramento Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.49M
CAP Approach
CAP
$6.05M
Comparable Approach
Comparable
$8.70M
Blend (final)
Blend
$9.54M
Owner & transaction history
501 Jessie Avenue Propco LLC · 3 yrs held
501 Jessie Avenue Propco LLC
since 2023
Last sale
$11.8M
5 recorded transactions
Zoning & alternative use
R-1 · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the R-1 zone is to accommodate low density residential uses composed of single unit detached residences and duplex dwellings on corner lots.
Zone name
Single Unit Dwelling Zone
General category
RESIDENTIAL
Zone area
16,831.78 ac
Source
Realmo
Top alternative use upside
Restaurant
$12.6M
+93.6%
Neighborhood: shopping center
$8.0M
+23.2%
Apartment house (5+ units)
$7.6M
+16.4%
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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento 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
$12,505,000
ML approach
$9,485,000
CAP Approach
CAP Return
Estimation
6%
$6,545,000
6.5%
$6,045,000
7%
$5,610,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,495,000
Current use
RESTAURANT
$12,575,000
Change: +94% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,000,000
Change: +23% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,555,000
Change: +16% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,525,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,030,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$9.54M
Range $8.59M – $10.49M · ±10% · vs last sale $11.84M (Jul 3 2023)
Last sale anchor
$11.84M
Jul 3 2023
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
$374 / 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
$148,753
Tax year 2024
Assessed value
$11,836,000
Assessed 2024
Previous assessed
$11,836,000
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$870,000
Assessed improvement
$10,966,000
Applied tax rate
3.0000
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
1974
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
25,507 SF
Lot
4.85 ac (211,265 SF)
Zoning code
R-1
APN
237-0100-025-0000
UPID
US09-2683210
Jurisdiction
SACRAMENTO
Zoning & alternative use
R-1 · Sacramento, CAZoning R-1 · permitted uses
R-1 · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the R-1 zone is to accommodate low density residential uses composed of single unit detached residences and duplex dwellings on corner lots.
Zone name
Single Unit Dwelling Zone
General category
RESIDENTIAL
Zone area
16,831.78 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$6.5M
RESTAURANT
Est. value
$12.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$6.0M
MEDICAL BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1974
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
4.85 ac
Current owner
From public records · entity-resolved
501 Jessie Avenue Propco LLC
Entity
Mailing address
9526 W PICO BLVD, LOS ANGELES, CA 90035-1202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Apr 1, 2026
—
501 Jessie Avenue Propco LLC
—
Deed
related
$50,000,000
Jul 3, 2023
$11,836,000
501 Jessie Avenue Propco LLC
Alvarado Resources LLC
Grant Deed
$16,635,000 · Oxford Finance LLC
May 1, 2008
$3,857,000
Alvarado Resources LLC
Sac-cal Assocs
Grant Deed
$2,500,000 · Fremont Bank
Oct 31, 1997
—
Sac-cal Associates
Eskaton Properties INC
Grant Deed
$1,600,000 · Ltc Properties INC
—
—
Alvarado Resources LLC
—
Deed Of Trust
related
$3,950,000 · Fremont Bank
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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