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Property profile & analytics
OFF-MARKET
Estimated value
$7,070,000
Flex space
5150 Florin Perkins Rd Sacramento, CA 95826-4810
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3388858
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1962
Construction
TILT-UP CONCRETE
Total area
30,650 SF
Lot
3.98 ac (173,368 SF)
Zoning code
M-2S
APN
061-0163-016-0000
UPID
US09-3388858
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
-
Fence America LLC General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.98M
Blend (final)
Blend
$7.07M
Owner & transaction history
Progenitor Florin-perkins LLC · 5 yrs held
Progenitor Florin-perkins LLC
since 2020
Last sale
$6.8M
7 recorded transactions
Zoning & alternative use
M-2S · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$9.6M
+68.3%
Apartment house (5+ units)
$9.1M
+59.0%
Auto repair, garage
$7.8M
+37.3%
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
$8,985,000
ML approach
$9,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,710,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$9,615,000
Change: +68% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,080,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,840,000
Change: +37% · Conversion: Easy
MEDICAL BUILDING
$7,805,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,245,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$5,795,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$7.07M
Range $6.36M – $7.78M · ±10% · vs last sale $6.80M (Sep 23 2020)
Last sale anchor
$6.80M
Sep 23 2020
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
$231 / 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
$88,288
Tax year 2024
Assessed value
$7,216,213
Assessed 2024
Previous assessed
$7,216,213
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,284,061
Assessed improvement
$5,932,152
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Total area
30,650 SF
Lot
3.98 ac (173,368 SF)
Zoning code
M-2S
APN
061-0163-016-0000
UPID
US09-3388858
Jurisdiction
SACRAMENTO
Zoning & alternative use
M-2S · Sacramento, CA
Zoning M-2S · permitted uses
M-2S · 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
INDUSTRIAL (GENERAL) Current
Est. value
$5.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.1M
AUTO REPAIR, GARAGE
Est. value
$7.8M
MEDICAL BUILDING
Est. value
$7.8M
COMMERCIAL (GENERAL)
Est. value
$7.2M
RETAIL STORES
Est. value
$5.8M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Lot
3.98 ac
Current owner
From public records · entity-resolved
Progenitor Florin-perkins LLC
Entity
Mailing address
2800 W MARCH LN STE #360, STOCKTON, CA 95219-8208
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2020
$6,800,000
Progenitor Florin-perkins LLC
Marpe LLC
Grant Deed
$2,250,000 · Florin-perkins Ptrs LLC
Apr 4, 2016
$2,977,000
Marpe LLC
Razzano Land Co LLC
Grant Deed
—
May 22, 2015
$539,500
Advanced Acquisitions LLC
Dolan Building Material Co INC
Grant Deed
—
Jan 14, 2015
$1,800,000
Razzano Land Company LLC
Steven E Harrold
Grant Deed
$2,000,000 · First Community Bank
Jan 8, 2015
—
Steven E 1998 Trust|taylor Harrold
Ebco Investments LLC
Quit Claim Deed
related
—
Dec 15, 2014
—
Christenson B N 1999 Trust|chris A
Ebco Investments LLC
Quit Claim Deed
—
—
—
Razzano Land Co LLC
—
Deed Of Trust
related
$1,500,000 · Bank Of Stockton
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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