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Property profile & analytics
OFF-MARKET
Estimated value
$2,905,000
Flex space
5560 Palm Ave Sacramento, CA 95841-2910
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2982402
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1974
Construction
TILT-UP CONCRETE
Total area
21,905 SF
Lot
1.56 ac (67,953 SF)
Zoning code
LC
APN
230-0031-018-0000
UPID
US10-2982402
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
-
La Dolce Vita BQT Hall Wedding Service
-
European Importing Co. Big Box & Wholesale Store
-
Mehfil Banquet Hall Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.97M
CAP Approach
CAP
$2.56M
Comparable Approach
Comparable
$2.98M
Blend (final)
Blend
$2.91M
Owner & transaction history
Mehfil Banquet Hall · 3 yrs held
Mehfil Banquet Hall
since 2022
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
LC · 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
$2,975,000
ML approach
$2,965,000
CAP Approach
CAP Return
Estimation
6%
$2,770,000
6.5%
$2,560,000
7%
$2,375,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,805,000
Current use
OFFICE BUILDING
$4,030,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.91M
Range $2.61M – $3.20M · ±10% · vs last sale $2.80M (Sep 30 2022)
Last sale anchor
$2.80M
Sep 30 2022
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
$133 / 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
$34,277
Tax year 2024
Assessed value
$2,845,800
Assessed 2024
Previous assessed
$2,845,800
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,183,200
Assessed improvement
$1,662,600
Applied tax rate
54.0000
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
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
21,905 SF
Lot
1.56 ac (67,953 SF)
Zoning code
LC
APN
230-0031-018-0000
UPID
US10-2982402
Jurisdiction
SACRAMENTO
Zoning & alternative use
LC · Sacramento, CA
Zoning LC · permitted uses
LC · 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
INDUSTRIAL (GENERAL) Current
Est. value
$4.8M
OFFICE BUILDING
Est. value
$4.0M
INDUSTRIAL (GENERAL) Current
OFFICE 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
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.56 ac
Current owner
From public records · entity-resolved
Mehfil Banquet Hall
Individual
Mailing address
52 PALOMINO CT, ROSEVILLE, CA 95678-6031
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Nov 4, 2022
—
Mehfil Banquet Hall
Mehfil Properties LLC
Lease
$865,000 · The Mortgage Capital Development Corp
Sep 30, 2022
$2,800,000
Mehfil Properties LLC
Batth Investments LLC
Grant Deed
$1,400,000 · Tri Counties Bank
Apr 15, 2019
$2,750,000
Batth Investments LLC
Khachatryan,ara
Grant Deed
$2,062,500 · Us Bk
Feb 9, 2007
$1,600,000
Ara Khachatryan
Javed T Siddiqui
Grant Deed
$800,000 · Lehman Brothers Bank Fsb
Jun 14, 2004
$492,000
Javed T Siddiqui
Oates,tr
Grant Deed
—
Jun 14, 2004
—
Javed T Siddiqui
Palma Avenue Venture
Quit Claim Deed
related
—
Feb 8, 1996
—
Oates Trust
Oates,marvin L
Quit Claim Deed
related
—
Apr 8, 1993
$550,000
Marvin L Oates
Rycam Inv Group
Trustees Deed
related
—
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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