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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Office buildings
5022 Sunrise Blvd Fair Oaks, CA 95628-4945
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-0869765
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
TILT-UP CONCRETE
Total area
5,340 SF
Lot
0.53 ac (23,087 SF)
Zoning code
BP (PDC)
APN
233-0281-034-0000
UPID
US09-0869765
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
-
Norman Scheel Structural Engineer Structural Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.55M
Owner & transaction history
Njs Holdings LLC · 9 yrs held
Njs Holdings LLC
since 2016
7 recorded transactions
Zoning & alternative use
BP (PDC) · Fair Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+81.6%
Apartment house (5+ units)
$1.5M
+10.6%
Medical building
$1.4M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,485,000
6.5%
$1,370,000
7%
$1,275,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,385,000
Current use
RESTAURANT
$2,510,000
Change: +82% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,530,000
Change: +11% · Conversion: Easy
MEDICAL BUILDING
$1,390,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,380,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,245,000
Change: -10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,115,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.40M – $1.71M · ±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
$290 / 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
$13,076
Tax year 2024
Assessed value
$1,035,420
Assessed 2024
Previous assessed
$1,035,420
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$329,968
Assessed improvement
$705,452
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
5,340 SF
Lot
0.53 ac (23,087 SF)
Zoning code
BP (PDC)
APN
233-0281-034-0000
UPID
US09-0869765
Jurisdiction
SACRAMENTO
Zoning & alternative use
BP (PDC) · Fair Oaks, CAZoning BP (PDC) · permitted uses
BP (PDC) · 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
$1.4M
RESTAURANT
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Njs Holdings LLC
Entity
Mailing address
5022 SUNRISE BLVD, FAIR OAKS, CA 95628-4945
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2016
—
Njs Holdings LLC
Scheel,norman J
Quit Claim Deed
$560,000 · Bank Of America
Sep 29, 2000
$700,000
Scheel,norman J
Meyer Trust
Trustees Deed
$390,000 · Bank Of America
Sep 29, 2000
—
Norman J Scheel
Scheel,jonelle
Quit Claim Deed
related
—
May 17, 1994
—
Koster Trust
Koster,olga H
Quit Claim Deed
related
—
Oct 13, 1989
$99,000
Dev Wildridge II
Barickman Dev Co
Grant Deed
related
—
Oct 13, 1989
—
Koster Willard H
Equity Preservat
Trustees Deed
related
—
Oct 13, 1989
$1,085,000
Equity Preservst
Wildridge II Dev
Trustees Deed
related
—
—
—
Norman J Schael
—
Deed Of Trust
related
$323,000 · Edf Resource Capital INC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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