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Property profile & analytics
OFF-MARKET
Estimated value
$10,630,000
Warehouses
5051 Perry Ave Sacramento, CA 95820-5422
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-2479442
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1986
Total area
62,665 SF
Lot
3.37 ac (146,797 SF)
Zoning code
C-2-SPD
APN
022-0280-028-0000
UPID
US09-2479442
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
-
Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.09M
CAP Approach
CAP
$11.42M
Comparable Approach
Comparable
$12.66M
Blend (final)
Blend
$10.63M
Owner & transaction history
Ess Ca Tivs Jv Ca Reit Sub LP · 5 yrs held
Ess Ca Tivs Jv Ca Reit Sub LP
since 2021
Last sale
$10.5M
6 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$16.0M
+83.8%
Medical building
$16.0M
+82.9%
Commercial (general)
$14.8M
+69.8%
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
$13,130,000
ML approach
$10,090,000
CAP Approach
CAP Return
Estimation
6%
$12,370,000
6.5%
$11,420,000
7%
$10,605,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,725,000
Current use
AUTO REPAIR, GARAGE
$16,035,000
Change: +84% · Conversion: Easy
MEDICAL BUILDING
$15,955,000
Change: +83% · Conversion: Difficult
COMMERCIAL (GENERAL)
$14,815,000
Change: +70% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$13,740,000
Change: +58% · Conversion: Easy
Blend value · Realmo final
$10.63M
Range $9.57M – $11.69M · ±10% · vs last sale $10.50M (Mar 4 2021)
Last sale anchor
$10.50M
Mar 4 2021
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
$170 / 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
$129,586
Tax year 2024
Assessed value
$10,665,140
Assessed 2024
Previous assessed
$10,665,140
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,867,726
Assessed improvement
$8,797,414
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Heating
NONE
Buildings
2
Stories
2
Total area
62,665 SF
Lot
3.37 ac (146,797 SF)
Zoning code
C-2-SPD
APN
022-0280-028-0000
UPID
US09-2479442
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-SPD · Sacramento, CA
Zoning C-2-SPD · permitted uses
C-2-SPD · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$8.7M
AUTO REPAIR, GARAGE
Est. value
$16.0M
MEDICAL BUILDING
Est. value
$16.0M
COMMERCIAL (GENERAL)
Est. value
$14.8M
INDUSTRIAL (GENERAL)
Est. value
$13.7M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1986
Heating
NONE
Stories
2
Buildings
2
Lot
3.37 ac
Current owner
From public records · entity-resolved
Ess Ca Tivs Jv Ca Reit Sub LP
Entity
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2021
$10,500,000
Ess Ca Tivs Jv Ca Reit Sub LP
Esp 135 LLC
Grant Deed
$108,000,000 · Bank Of America NA
Jan 4, 2018
—
Esp 135 LLC
Ess Prisa II LLC
Quit Claim Deed
related
—
Jul 27, 2005
—
Ess Prisa II LLC
Susa Ptshp
Grant Deed
—
Jan 2, 1997
$1,670,000
Susa Partnership LP
Space Shuttle I
Grant Deed
—
—
—
Shuttle I Space
—
Deed Of Trust
related
$160,000 · Us Bank Of California
—
—
Shuttle Space
—
Deed Of Trust
related
$1,450,000 · Sumitomo 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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