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    5400 Heritage Tree Ln Citrus Heights, CA 95610-7965
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    Property profile & analytics

    5400 Heritage Tree Ln, Citrus Heights, CA 95610-7965

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    • Apartment buildings
    • 199,580 SF
    • 10.29 lot acres
    Off-Market
    Property ID
    US09-0606577
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lily Lotus Meditation / Wellness Program / Health
    • Atwood Apartments / Real Estate Agency
    • Heena by Aish / Artist
    • 100% Appliance Repair / Home Appliance Store
    • Grames / Grocery & Convenience Store / Food Market

    Property Details for 5400 Heritage Tree Ln

    Year built
    2000
    Construction
    WOOD
    Lot size
    10.29 lot acres
    Zone code
    RD20
    Property type
    Apartment buildings
    APN
    233-0044-011-0000
    APU
    23300440110000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 11, 2018 $47,000,000 Mg Atwood Apartments Ria LLC Fairfield Sunrise LLC Grant Deed $30.8M · Cbre Cap Markets
    Feb 6, 2015 $10,570,000 Fairfield Sunrise LLC Grove At Sunrise LLC Grant Deed —
    Jan 3, 2007 — The Grove At Sunrise LLC The Grove At Sunrise LLC Grant Deed · related $1M · Citibank NA
    Feb 16, 2005 — Fsc Of Sacramento Associates LLC Exxon Mobil Corp Grant Deed · related —
    Feb 15, 2005 — Crystal Springs Apartments LLC Fsc Of Sacramento Associates LLC Grant Deed —
    Jan 3, 2003 — Fsc/sacramento Associates LLC Bronson,tr Quit Claim Deed · related —
    Nov 9, 2001 — Bronson Trust Fsc/sacramento Associates LLC Grant Deed · related $16.2M · California Federal Bank
    Oct 9, 1998 — Fsc/sacramento Associates LLC — Grant Deed · related $13M · Guaranty Federal Bank Fsb
    Oct 8, 1998 — Fsc/sacramento Associates LLC Fsc/sacramento Associates LLC Quit Claim Deed · related —
    Mar 30, 1998 — Fsc/sacramento Associates LLC Grove At Citrus Heights Grant Deed · related —
    Jul 5, 1989 $2,350,000 Retirement Inns Fisher A Borger Trustees Deed —
    Jul 5, 1989 — Grove Citrus Hei Retirement Inns Trustees Deed · related —
    May 19, 1989 $2,800,000 Grove At Cirtus Retirement Inns Grant Deed —
    Feb 24, 1988 $2,350,000 Retirement Inns Retirement Inns Grant Deed · related —
    — — Grove At Sunrise LLC — Deed Of Trust · related $17.1M · Private Lender
    — — Fsc/sacramento Associates — Deed Of Trust · related $15.5M · California Federal Bank
    — — Fsc/sacramento Associates LLC — Deed Of Trust · related $16.8M · Citibank West Fsb

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $44,400,000
      6.5%
      $40,985,000
      7%
      $38,055,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $72,343,000
      Market price range: $19.0M - $72.3M
      AI Estimate
      $88,908,000
      Market price range: $4.25M - $88.9M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $47,925,000
      Current use
      RESTAURANT
      $93,870,000
      Change: +96% Conversion: Difficult
      MEDICAL BUILDING
      $51,960,000
      Change: +8% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $51,530,000
      Change: +8% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $46,620,000
      Change: -3% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $41,640,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Citrus Heights
    County
    Sacramento
    State
    California
    Longitude
    -121.27
    Latitude
    38.6662
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $617,088
    $5,194,817
    $46,206,548
    $51,401,365
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $9,625,000
      35,060 SF

      7532 Greenback Ln

      APARTMENT HOUSE (5+ UNITS)
      7532 Greenback Ln, Citrus Heights, CA 95610-5650
      View Details
    • Value Estimation
      $14,980,000
      45,047 SF

      7870 Locher Way

      APARTMENT HOUSE (5+ UNITS)
      7870 Locher Way, Citrus Heights, CA 95610-3900
      View Details
    • Value Estimation by Request
      1,022 SF

      7540 Antelope Rd, Unit A

      APARTMENT HOUSE (5+ UNITS)
      7540 Antelope Rd, Citrus Heights, CA 95610-2129
      View Details
    • Value Estimation by Request
      1,022 SF

      7532 Antelope Rd, Unit A

      APARTMENT HOUSE (5+ UNITS)
      7532 Antelope Rd, Citrus Heights, CA 95610-2137
      View Details
    • Value Estimation by Request
      1,022 SF

      7546 Antelope Rd, Unit C

      APARTMENT HOUSE (5+ UNITS)
      7546 Antelope Rd, Citrus Heights, CA 95610-2130
      View Details
    • Value Estimation by Request
      1,022 SF

      7546 Antelope Rd, Unit D

      APARTMENT HOUSE (5+ UNITS)
      7546 Antelope Rd, Citrus Heights, CA 95610-2130
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,104 SF

      Citrus Heights Office Building

      Office building for sale in Citrus Heights, California.
      5510 Birdcage St, Citrus Heights, CA 95610
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      Sunrise Boulevard Land Opportunity

      Land available on Sunrise Boulevard in Citrus Heights, California.
      5900 Sunrise Blvds, Citrus Heights, CA 95610
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      2,346 SF

      Multi-Tenant Retail Building For Sale

      Multi-tenant retail building with high visibility and monument signage.
      5411-5415 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      7,500 SF

      Retail Space on Sunrise Boulevard

      Retail property available for lease in Citrus Heights, California.
      7010 Sunrise Blvd, Citrus Heights, CA 95610
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      3,810 SF

      AM/PM & Arco Investment Property

      Corporate-signed, absolute NNN leased AM/PM & Arco in Citrus Heights.
      7560 Sunrise Blvd, Citrus Heights, CA 95610
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    • Contact for pricing
      163,548 SF

      Citrus Heights Retail Opportunity

      Prominent retail location at Sunrise Blvd and Greenback Lane.
      5900 Sunrise Mall, Citrus Heights, CA 95610
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Freestanding Building on Greenback Lane

      Freestanding ±3,870 SF retail building with high visibility.
      8042 Greenback Ln, Citrus Heights, CA 95610
      View Details
    • Contact for pricing

      Citrus Heights Commercial Pads For Rent

      Commercial pads for rent at a busy Sacramento County intersection.
      5900 Sunrise Blvd, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      160,000 SF

      Retail Space in Sunrise Mall

      Located in the heart of California's state capitol region.
      7986 Greenback Ln, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      590 SF

      Citrus Heights Office Space

      Office space available for lease in Citrus Heights, CA.
      5530 Birdcage St, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      19,900 SF

      Retail Fitness Property For Lease

      High visibility retail fitness property in a desirable location.
      7424 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      3,845 SF

      Retail Space in Citrus Heights

      Retail space available for lease in Citrus Heights, CA.
      6245 Sunrise Blvd, Citrus Heights, CA 95610
      View Details
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    Citrus Heights, CA 95610-7965
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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