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Property profile & analytics
OFF-MARKET
Estimated value
$3,475,000
Flex space
5849 88th St Sacramento, CA 95828-1103
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-1815899
Property summary
AI-generated overview
This exceptional 40,500-square-foot Class C industrial warehouse, built in 1979 and renovated in 2018, sits on a 2.27-acre lot in Sacramento, CA (95828). The single-story building features a 22-foot ceiling height, one loading dock, and eight grade-level doors (four 18'x14' and four 12'x14'). It boasts a fully sprinklered system and a new roof with structural improvements. The property is zoned M-2S (Heavy Industrial), allowing for a wide range of industrial uses. Its corner location provides excellent drive-around capability. The building previously held a Conditional Use Permit (CUP) for cannabis cultivation, manufacturing, and distribution (now expired), highlighting its potential for diverse operations. The property offers approximately one acre of potential yard space and is conveniently located in the Power Inn Industrial Area with easy freeway access to Highways 50 and 99. The asking price is $5,995,000. The APN is 062-0080-060.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1979
Construction
TILT-UP CONCRETE
Total area
40,500 SF
Lot
2.27 ac (98,881 SF)
Zoning code
M-2S
APN
062-0080-060-0000
UPID
US09-1815899
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.94M
CAP Approach
CAP
$3.94M
Comparable Approach
Comparable
$2.39M
Blend (final)
Blend
$3.48M
Owner & transaction history
Qiu And Associates LP
Qiu And Associates LP
since 2026
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
M-2S · 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)
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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
$2,905,000
ML approach
$2,940,000
CAP Approach
CAP Return
Estimation
6%
$4,270,000
6.5%
$3,940,000
7%
$3,660,000
Blend value · Realmo final
$3.48M
Range $3.13M – $3.82M · ±10% · vs last sale $4.34M (Feb 23 2026)
Last sale anchor
$4.34M
Feb 23 2026
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
$86 / 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
$46,592
Tax year 2024
Assessed value
$3,531,481
Assessed 2024
Previous assessed
$3,531,481
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$784,982
Assessed improvement
$2,746,499
Applied tax rate
3.0000
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
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
40,500 SF
Lot
2.27 ac (98,881 SF)
Zoning code
M-2S
APN
062-0080-060-0000
UPID
US09-1815899
Jurisdiction
SACRAMENTO
Zoning & alternative use
M-2S · Sacramento, CA
Zoning M-2S · permitted uses
M-2S · 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.
Building & site characteristics
From public records
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.27 ac
Current owner
From public records · entity-resolved
Qiu And Associates LP
Entity
Mailing address
7919 FOLSOM BLVD STE #340, SACRAMENTO, CA 95826-2627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2026
$4,340,000
Qiu And Associates LP
Oasis Fund LLC
Grant Deed
$3,300,000 · Columbia Bank
Nov 2, 2020
—
Oasis Fund LLC
—
Deed
related
$4,500,000 · Alexey Dyupin
Jul 31, 2020
—
Oasis Fund LLC
88th Street Objective LLC
Quit Claim Deed
related
—
Feb 25, 2019
—
Oasis Fund LLC
Next Phase Holdings LLC
Quit Claim Deed
related
—
Oct 21, 2016
$2,200,000
Next Phase Holdings LLC
88th St Leasing Co LLC
Grant Deed
$1,540,000 · Russell W Kuhn
Sep 30, 2010
$1,300,000
88th St Leasing Co LLC
Vermillion,michael L
Grant Deed
$1,000,000 · Michael L Vermillion
Oct 4, 1991
$1,090,000
Micha Vermillion
Oates,marvin L
Grant Deed
$1,090,000 · Seller
May 26, 1989
$936,500
Exchange Interme
Cmd Sacramento
Grant Deed
—
—
—
88th St Leasing Co LLC
—
Deed Of Trust
related
$1,152,000 · Tri Counties Bank
—
—
Oasis Fund LLC
—
Deed Of Trust
related
$4,500,000 · Alexey Dyupin
—
—
Michael L Vermillion
—
Deed Of Trust
related
$650,000 · Sanwa Bank California
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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