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Property profile & analytics
OFF-MARKET
Warehouses
550 Industrial Dr Galt, CA 95632-1621
Individually Owned
2-yr Hold
Free & Clear
Property ID
US10-2757653
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Total area
53,392 SF
Lot
2.54 ac (110,642 SF)
Zoning code
LM
APN
150-0041-063-0000
UPID
US10-2757653
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
-
Real Life Church of Galt Church
-
Laser-Like Lipo Weight Loss Service
-
Fitness Pro Gym & Fitness Center
-
Carson's Coatings Inc Construction Company General Contractor
-
Doxey Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Terry Lee Carson · 2 yrs held
Terry Lee Carson
since 2024
Last sale
$305,000
7 recorded transactions
Zoning & alternative use
LM · Galt, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
LM: light industrial. 2. M: industrial. F. Special Purpose. 1. OS: open space. 2. PQ: public/quasi-public. ( Ord. 2015-05 , Repealed and Replaced, 06/16/2015 ; Ord. 2025-01 , Amended, 03/18/2025 ) § 18.12.030 Establishment of combining zoning districts. Combining zoning districts are used in combination with the base zoning districts to address special needs…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
459.00 ac
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 Galt submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Galt 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$27,218
Tax year 2024
Assessed value
$2,408,014
Assessed 2024
Previous assessed
$2,408,014
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$253,869
Assessed improvement
$2,154,145
Applied tax rate
5.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Heating
NONE
Buildings
2
Stories
1
Total area
53,392 SF
Lot
2.54 ac (110,642 SF)
Zoning code
LM
APN
150-0041-063-0000
UPID
US10-2757653
Jurisdiction
SACRAMENTO
Zoning & alternative use
LM · Galt, CAZoning LM · permitted uses
LM · Galt, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
LM: light industrial. 2. M: industrial. F. Special Purpose. 1. OS: open space. 2. PQ: public/quasi-public. ( Ord. 2015-05 , Repealed and Replaced, 06/16/2015 ; Ord. 2025-01 , Amended, 03/18/2025 ) § 18.12.030 Establishment of combining zoning districts. Combining zoning districts are used in combination with the base zoning districts to address special needs or characteristics of the areas of Galt to which they are applied. In order to accomplish the purposes set forth in this code, certain combining zoning districts are established and certain general regulations are adopted pertaining thereto. The following combining zoning district is hereby established: A. (PD): planned development. ( Ord. 2015-05 , Repealed and Replaced, 06/16/2015 )
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
459.00 ac
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Stories
1
Buildings
2
Lot
2.54 ac
Current owner
From public records · entity-resolved
Terry Lee Carson
Individual
Free & Clear · 2 yrs held
Mailing address
550 INDUSTRIAL DR, GALT, CA 95632-1621
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jun 13, 2024
$305,000
Terry Lee Carson
Carson Industrial Plaza LLC
Grant Deed
—
Jun 13, 2024
—
Terry Lee Carson
Terry L Carson
Intrafamily Transfer
related
$609,515 · Bmo Bank NA
Mar 8, 2013
—
Carson Trust
—
Trustees Deed
related
$1,000,000 · Bank Of The West
Aug 16, 1996
$700,000
Carson Industrial Plaza LLC
Smith,daniel H & Wilma J
Grant Deed
—
Jan 10, 1996
—
Daniel H Smith
Smith,daniel H
Quit Claim Deed
related
—
Sep 15, 1994
$222,050
Daniel H Smith
New American Business INC
Trustees Deed
—
—
—
Carson Trust
—
Deed Of Trust
related
$1,485,925 · Bank Of The West
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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