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Property profile & analytics
OFF-MARKET
Estimated value
$5,795,000
Flex space
535 Menlo Dr Rocklin, CA 95765-6300
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-8961245
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1997
Construction
TILT-UP CONCRETE
Total area
32,702 SF
Lot
3 ac (130,680 SF)
Zoning code
MPDC
APN
017-283-003-000
UPID
US09-8961245
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
-
Sierra Sacramento Valley EMS Agency County Government Office
-
Allstate Insurance Agency
-
Beth Conway Real Estate Team Real Estate Agency
-
Patrick Ryan SellState Realty First Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.38M
CAP Approach
CAP
$6.20M
Comparable Approach
Comparable
$6.64M
Blend (final)
Blend
$5.80M
Owner & transaction history
Farm Credit West Flca · 6 yrs held
Farm Credit West Flca
since 2020
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
MPDC · Rocklin, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.8M
+53.0%
Medical building
$7.5M
+31.0%
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 Rocklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocklin 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
$5,190,000
ML approach
$5,375,000
CAP Approach
CAP Return
Estimation
6%
$6,710,000
6.5%
$6,195,000
7%
$5,755,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,745,000
Current use
AUTO REPAIR, GARAGE
$8,790,000
Change: +53% · Conversion: Easy
MEDICAL BUILDING
$7,525,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$5.80M
Range $5.22M – $6.37M · ±10% · vs last sale $5.68M (Apr 15 2020)
Last sale anchor
$5.68M
Apr 15 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
$177 / 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
$71,564
Tax year 2024
Assessed value
$5,902,469
Assessed 2024
Previous assessed
$5,902,469
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$702,290
Assessed improvement
$5,200,179
Applied tax rate
4.0000
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
1997
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Units
2
Total area
32,702 SF
Lot
3 ac (130,680 SF)
Zoning code
MPDC
APN
017-283-003-000
UPID
US09-8961245
Jurisdiction
PLACER
Zoning & alternative use
MPDC · Rocklin, CA
Zoning MPDC · permitted uses
MPDC · Rocklin, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocklin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$8.8M
MEDICAL BUILDING
Est. value
$7.5M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1997
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Units
2
Lot
3 ac
Current owner
From public records · entity-resolved
Farm Credit West Flca
Individual
Mailing address
3755 ATHERTON RD, ROCKLIN, CA 95765-3701
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2020
$5,680,000
Farm Credit West Flca
Tcherkoyan 2006 Family
Grant Deed
—
Dec 29, 2016
—
Gregory N Tcherkoyan
—
Deed
related
$1,848,800 · First Community Bank
Jul 9, 2010
—
Kathleen T Mcshane
Frederick W Heinrich
Intrafamily Transfer
related
$2,100,000 · Wells Fargo Bank NA
Jun 4, 2003
—
Heinrich/mcshane,tr
Heinrich,frederick-kathleen
Quit Claim Deed
related
—
Dec 2, 1996
—
Phase A Voit-atherton
Voit Dev Co INC
Quit Claim Deed
related
$2,100,000 · Wells Fargo Bank
Jul 31, 1996
$320,000
Voit Development INC
Stanford Ranch I LLC
Grant Deed
—
May 28, 1996
—
Ranch Stanford
Stanford Ranch Buildings
Quit Claim Deed
related
—
—
—
Tcherkoyan Trust
—
Deed Of Trust
related
$2,600,000 · Sacramento County Emps' Retire
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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