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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Retail space
5038 Marconi Ave Carmichael, CA 95608-4295
Trust Owned
33-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2705432
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Construction
WOOD
Total area
6,600 SF
Lot
1.07 ac (46,609 SF)
Zoning code
LC
APN
271-0180-017-0000
UPID
US09-2705432
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
-
Joy Laundry - Carmichael | Self Serve, Wash & Fold, Dry Cleaning, & Pickup/Delivery Services (Bike/Boat/Book/etc) Store
-
Little Caesars Pizza Restaurant
-
5 Star Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.14M
Owner & transaction history
Johnson Trust · 33 yrs held
Johnson Trust
since 1993
3 recorded transactions
Zoning & alternative use
LC · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+135.2%
Medical building
$1.7M
+129.5%
Auto repair, garage
$1.7M
+127.6%
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%
$1,430,000
6.5%
$1,320,000
7%
$1,225,000
Alternative Use
Use
Estimation
RETAIL STORES
$750,000
Current use
OFFICE BUILDING
$1,760,000
Change: +135% · Conversion: Easy
MEDICAL BUILDING
$1,720,000
Change: +130% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,705,000
Change: +128% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,700,000
Change: +127% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,540,000
Change: +106% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±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
$173 / 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
$23,215
Tax year 2024
Assessed value
$1,916,313
Assessed 2024
Previous assessed
$1,916,313
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$499,898
Assessed improvement
$1,416,415
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
1993
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
6,600 SF
Lot
1.07 ac (46,609 SF)
Zoning code
LC
APN
271-0180-017-0000
UPID
US09-2705432
Jurisdiction
SACRAMENTO
Zoning & alternative use
LC · Carmichael, CAZoning LC · permitted uses
LC · Carmichael, 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
RETAIL STORES Current
Est. value
$750,000
OFFICE BUILDING
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES Current
OFFICE BUILDING
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
1993
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
1.07 ac
Current owner
From public records · entity-resolved
Johnson Trust
Trust
Mailing address
1446 CAPUCHINO AVE, BURLINGAME, CA 94010-3309
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1993
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 1993
$465,000
Johnson Trust
M S Partnership
Grant Deed
related
$775,000 · M S Partnership
—
—
Johnson Trust
—
Deed Of Trust
related
$725,000 · Standard Mortgage Investors Lc
—
—
Johnson,tr
—
Deed Of Trust
related
$675,000 · Standard Insurance Co
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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