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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Office buildings
5034 Sunrise Blvd Fair Oaks, CA 95628-4945
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3167443
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1987
Construction
TILT-UP CONCRETE
Total area
7,348 SF
Lot
0.65 ac (28,314 SF)
Zoning code
BP (PDC)
APN
233-0281-033-0000
UPID
US10-3167443
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
-
Barbara Silva Ca DRE#00986087 Real Estate Agency
-
Patti J. Delgado Realtor Real Estate Agency
-
Viki Benbow Real Estate Agency
-
Dana Meese Realtor in El Dorado Hills, Folsom, Sacramento Region Real Estate Agency
-
Coldwell Banker: Donna Sturla Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.47M
CAP Approach
CAP
$1.89M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Northern California Power Agency · 4 yrs held
Northern California Power Agency
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
BP (PDC) · Fair Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.1M
+10.6%
Medical building
$1.9M
+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
$1,485,000
ML approach
$1,470,000
CAP Approach
CAP Return
Estimation
6%
$2,045,000
6.5%
$1,885,000
7%
$1,750,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,905,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,105,000
Change: +11% · Conversion: Easy
MEDICAL BUILDING
$1,915,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,895,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,715,000
Change: -10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,535,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.51M (Aug 8 2022)
Last sale anchor
$1.51M
Aug 8 2022
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
$203 / 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
$19,271
Tax year 2024
Assessed value
$1,542,750
Assessed 2024
Previous assessed
$1,542,750
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$581,400
Assessed improvement
$961,350
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 (MULTI-STORY)
Status
Off-Market
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
7,348 SF
Lot
0.65 ac (28,314 SF)
Zoning code
BP (PDC)
APN
233-0281-033-0000
UPID
US10-3167443
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
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING Current
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
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Northern California Power Agency
Individual
Mailing address
651 COMMERCE DR, ROSEVILLE, CA 95678-6411
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2022
$1,512,500
Northern California Power Agency
Ethan Conrad
Grant Deed
—
Oct 22, 2013
$125,000
Signal Court Of Mew LLC
Elkus Constance N
Grant Deed
—
Oct 22, 2013
$885,000
Ethan Conrad
Signal Court Of Mew LLC
Grant Deed
—
Dec 7, 2005
—
Dennis F Shorrock
Shorrock,dennis
Quit Claim Deed
related
—
Oct 25, 2005
$1,675,000
Signal Court/mew LLC
Frances E Hoze
Grant Deed
$1,215,000 · Washington Mutual Bank
Jan 24, 2000
—
Hoze Trust
Hoze,frances E
Quit Claim Deed
related
—
Sep 13, 1995
—
James W Friedman
Friedman,james M & Frances E
Quit Claim Deed
related
—
May 17, 1991
$252,500
James W Friedman
Tri Equities INC
Grant Deed
related
—
Dec 28, 1990
$290,000
James W Friedman
Tri Equities INC
Grant Deed
related
—
—
—
James W Friedman
—
Deed Of Trust
related
$750,000 · First Regional 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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