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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5761 Shannon Bay Dr Rocklin, CA 95677-3645

    • Apartment buildings
    • 39,380 SF
    • 3.00 lot acres
    OFF-MARKET
    Last Sale
    Jul 07, 2023
    $9,242,000
    Value Estimations
    $8,660,000
    Show details
    Cap Rate Potential
    7.7%
    Apartment buildings
    Location Intelligence
    Property ID
    US09-9099937
    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.

    Current Use by Public Records

    • Edgewood Apartment Homes / Apartments

    Property Details for 5761 Shannon Bay Dr

    Year built
    1988
    Construction
    WOOD
    Lot size
    3.00 lot acres
    Property size
    39,380 SF
    Zone code
    PD
    Property type
    Apartment buildings
    APN
    016-030-017-000
    APU
    16030017000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $7,850,000
      ML approach
      $8,305,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $10,110,000
      6.5%
      $9,335,000
      7%
      $8,665,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $7,982,000
      Market price range: $5.92M - $7.98M

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

    Location Insight

    • Map
    • Local Demand
    City
    Rocklin
    County
    Placer
    State
    California
    Longitude
    -121.252
    Latitude
    38.7835
    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
    $94,904
    $1,640,468
    $6,977,630
    $8,618,098
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $5,175,000
      37,788 SF

      5900 Springview Dr

      APARTMENT HOUSE (5+ UNITS) • 37,788 SF
      5900 Springview Dr, Rocklin, CA 95677-3620
      View Details
    • Value Estimation
      $1,010,000
      10,368 SF

      4455 Pacific St

      APARTMENT HOUSE (5+ UNITS) • 10,368 SF
      4455 Pacific St, Rocklin, CA 95677-2001
      View Details
    • Value Estimation
      $6,360,000
      45,174 SF

      6105 Sunset Blvd

      APARTMENT HOUSE (5+ UNITS) • 45,174 SF
      6105 Sunset Blvd, Rocklin, CA 95677-3154
      View Details
    • Value Estimation
      $19,550,000
      73,756 SF

      101 Cobble Crk Cir, Unit 2204

      APARTMENT HOUSE (5+ UNITS) • 73,756 SF
      101 Cobble Crk Cir, Rocklin, CA 95677-3807
      View Details
    • Value Estimation by Request
      35,132 SF

      5415 Grv St

      APARTMENT HOUSE (5+ UNITS) • 35,132 SF
      5415 Grv St, Rocklin, CA 95677-3152
      View Details
    • Value Estimation by Request
      34,986 SF

      5415 Grv St

      APARTMENT HOUSE (5+ UNITS) • 34,986 SF
      5415 Grv St, Rocklin, CA 95677-3152
      View Details

    Similar Nearby for Sale

    • $2,221,560
      1.00 Acre

      Rocklin Commercial Land Investment

      ±3.4 Acres, Prime Rocklin Location
      4680 Rocklin Rd, Rocklin, CA 95677
      View Details
    • $399,999
      0.77 Acres

      Rocklin Land: Build Your Dream Home

      0.77 acres, Residential Zoning, Clover Valley
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    • $1,295,000
      7,188 SF

      Rocklin Retail Center For Sale

      Retail center in Rocklin, California, anchored by E-Z Stop.
      3700 Midas Ave, Rocklin, CA 95677
      View Details
    • Contact for pricing

      Land For Sale Rocklin

      Land available for sale in Rocklin, California.
      Pacific St, Rocklin, CA 95677
      View Details
    • $2,500,000
      6,049 SF

      Rocklin Auto Sales/Repair Property

      6,049 SF auto shop on 0.83 AC lot.
      5880 Pacific St, Rocklin, CA 95677
      View Details
    • $1,768,000
      5,775 SF

      Rocklin Warehouse Space For Sale

      5,775 SF warehouse space available in Rocklin, California.
      6141 Pacific St, Rocklin, CA 95677
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      67,310 SF

      Rocklin Retail Center - Prime Location

      67,310 SF Retail Space, Single Tenant, 5.97 Acres
      6681 Stanford Ranch Rd, Rocklin, CA 95677
      View Details
    • Contact for pricing
      10,000 SF

      Rocklin Road Office Space

      Office space in Rocklin, California with highway access.
      4255 Rocklin Rd, Rocklin, CA 95677
      View Details
    • Contact for pricing

      Rocklin Land for Lease

      High visibility commercial land available for lease in Rocklin.
      5385 Sierra College Blvd, Rocklin, CA 95677
      View Details
    • $1.65 SF/Yr
      8,947 SF

      Rocklin Flex Space For Rent

      Flex space available for rent in Rocklin, California.
      6151 Pacific St, Rocklin, CA 95677
      View Details
    • $1.75 SF/Yr
      12,138 SF

      Retail/Warehouse Building with I-80 Visibility

      Freestanding 12,138 SF retail/warehouse building with secure parking.
      4381 Granite Dr, Rocklin, CA 95677
      View Details
    • Contact for pricing
      2,600 SF

      Rocklin Commons Retail Space

      High-visibility retail and restaurant space in Rocklin, California.
      5150 Commons Dr, Rocklin, CA 95677
      View Details
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    Rocklin, CA 95677-3645
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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.

    More about this property
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