Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Distribution centers
5501 66th Ave Sacramento, CA 95823-2657
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2707543
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1986
Construction
TILT-UP CONCRETE
Total area
6,431 SF
Lot
0.53 ac (23,260 SF)
Zoning code
GC
APN
050-0430-013-0000
UPID
US10-2707543
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
-
Share gigging - (shared kitchen • gig work • event space ) Business Broker
-
Florin Road Partnership Association / Organization
-
California Energy Efficient Provider Electric Utility Company
-
Empathy Transport Service, Inc. Freight Service Logistics Company
-
Yo gift me (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
$760k
Comparable Approach
Comparable
$630k
Blend (final)
Blend
$570k
Owner & transaction history
Tuan Anh Phan · 4 yrs held
Tuan Anh Phan
since 2021
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
GC · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$565,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$760,000
7%
$705,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$895,000
Current use
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $450k (Aug 26 2021)
Last sale anchor
$450k
Aug 26 2021
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
$89 / 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
$3,930
Tax year 2024
Assessed value
$271,626
Assessed 2024
Previous assessed
$271,626
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$132,794
Assessed improvement
$138,832
Applied tax rate
51.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
6,431 SF
Lot
0.53 ac (23,260 SF)
Zoning code
GC
APN
050-0430-013-0000
UPID
US10-2707543
Jurisdiction
SACRAMENTO
Zoning & alternative use
GC · Sacramento, CA
Zoning GC · permitted uses
GC · 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
WAREHOUSE, STORAGE Current
Est. value
$895,000
WAREHOUSE, STORAGE Current
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
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Tuan Anh Phan
Individual
Mailing address
9153 SHIRE OAKS LN, ELK GROVE, CA 95624-6090
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2022
—
Tuan
—
Deed
related
$200,000 · Us Bank NA
Aug 26, 2021
—
Tuan Anh Phan
Tuan Anh Phan
Intrafamily Transfer
related
—
Jun 22, 2021
—
Tuan Anh Phan
Tuan Anh Phan
Intrafamily Transfer
related
—
May 30, 2018
—
Tuan A Phan
Phan,tuan A & Nhu Q
Quit Claim Deed
related
$335,578 · Us Bk
May 1, 2013
$450,000
Tuan Anh Phan
Saleem M Raza
Grant Deed
$360,000 · Us Bank Trust Company NA
Sep 17, 2012
$455,000
Saleem M Raza
Vartan Garboushian
Grant Deed
$182,000 · Us Bank NA
Sep 17, 2012
—
Saleem M Raza
Raza,uzma N
Quit Claim Deed
related
—
Jan 23, 2001
$488,500
Vartan Garboushian
Khoustekian,garabed & Salpi
Grant Deed
$400,000 · Bank Of America
Feb 19, 1993
$425,000
Vartan Garboushian
Topa Thrift & Lo
Grant Deed
$340,000 · Seller
Apr 3, 1992
$917,707
Thrift Topa
Exoticar Auto Pa
Trustees Deed
related
—
May 11, 1990
$1,400,000
Exoticar Auto Pa
Florin Business
Trustees Deed
—
—
—
Vartan Garboushian
—
Deed Of Trust
related
$337,500 · Wells Fargo Bank
—
—
Vartan Garboushian
—
Deed Of Trust
related
$330,000 · Bank Of America
—
—
Auto Pa Exoticar
—
Deed Of Trust
related
$165,000 · Florin Business
—
—
Auto Pa Exoticar
—
Deed Of Trust
related
$875,000 · Topa Thrift & Loan
—
—
Vartan Garboushian
—
Deed Of Trust
related
$327,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5501 66th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
