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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Industrial properties
5261 Merchant Cir, Placerville, CA 95667-8249
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-0868198
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Construction
TILT-UP CONCRETE
Total area
5,540 SF
Lot
0.56 ac (24,393 SF)
Zoning code
I
APN
319-370-004-000
UPID
US09-0868198
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
$755k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.10M
Owner & transaction history
Mrjd LLC · 6 yrs held
Mrjd LLC
since 2020
Last sale
$1.1M
3 recorded transactions
Zoning & alternative use
I · Placerville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+1,197.3%
Medical building
$1.1M
+810.6%
Commercial (general)
$1.0M
+765.5%
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 Placerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Placerville 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
$1,030,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$755,000
7%
$700,000
Alternative Use
Use
Estimation
RESTAURANT
$1,515,000
Change: +1,197% · Conversion: Difficult
MEDICAL BUILDING
$1,065,000
Change: +811% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,010,000
Change: +765% · Conversion: Difficult
OFFICE BUILDING
$995,000
Change: +754% · Conversion: Difficult
WAREHOUSE, STORAGE
$955,000
Change: +720% · Conversion: Easy
RETAIL STORES
$685,000
Change: +486% · Conversion: Moderate
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10% · vs last sale $1.14M (Mar 20 2020)
Last sale anchor
$1.14M
Mar 20 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
$198 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,603
Tax year 2023
Assessed value
$877,732
Assessed 2023
Previous assessed
$877,732
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$210,235
Assessed improvement
$667,497
Applied tax rate
78.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
5,540 SF
Lot
0.56 ac (24,393 SF)
Zoning code
I
APN
319-370-004-000
UPID
US09-0868198
Jurisdiction
EL DORADO
Zoning & alternative use
I · Placerville, CA
Zoning I · permitted uses
I · Placerville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Placerville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$995,000
WAREHOUSE, STORAGE
Est. value
$955,000
RETAIL STORES
Est. value
$685,000
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.56 ac
Current owner
From public records · entity-resolved
Mrjd LLC
Entity
Mailing address
950 IRON PT RD STE #210, FOLSOM, CA 95630-8338
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2024
—
Mrjd LLC
—
Deed
related
$1,000,000 · Bank Of America NA
Mar 20, 2020
$1,135,000
Mrjd LLC
Mitch G Lenz
Grant Deed
$635,000 · Mitch G & Laurie L Lenz
Dec 15, 2000
$270,000
Mitch G Lenz
Ohlson Trust
Grant Deed
—
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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