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Property profile & analytics
FOR LEASE
Office Spaces
5935 Granite Lake Dr Granite Bay, CA 95746
Entity Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8976413
For Lease
$725,000
5935 Granite Lake Dr, Granite Bay, CA 95746
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Construction
WOOD
Total area
4,657 SF
Lot
0.37 ac (16,117 SF)
Zoning code
OP
APN
048-630-003-000
UPID
US09-8976413
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
by Request
CAP Approach
CAP
$990k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$725k
Owner & transaction history
Douglas Office Park LLC · 26 yrs held
Douglas Office Park LLC
since 2000
7 recorded transactions
Zoning & alternative use
OP · Granite Bay, 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 Granite Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Granite Bay 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$990,000
7%
$920,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,140,000
Current use
MEDICAL BUILDING
$1,110,000
Change: -3% · Conversion: Easy
RETAIL STORES
$1,085,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$725k
Range $653k – $798k · ±10%
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
$156 / 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
$12,737
Tax year 2024
Assessed value
$1,082,710
Assessed 2024
Previous assessed
$1,082,710
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$136,209
Assessed improvement
$946,501
Applied tax rate
69.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
2006
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Units
1
Total area
4,657 SF
Lot
0.37 ac (16,117 SF)
Zoning code
OP
APN
048-630-003-000
UPID
US09-8976413
Jurisdiction
PLACER
Zoning & alternative use
OP · Granite Bay, CA
Zoning OP · permitted uses
OP · Granite Bay, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Granite Bay. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
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
2006
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Units
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Douglas Office Park LLC
Entity
Mailing address
13750 VIS DORADA ST STE #820, SALINAS, CA 93908-9443
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2009
—
Douglas Office Park LLC
—
Deed Of Trust
related
$3,120,144 · Umpqua Bank
Dec 29, 2005
—
Douglas Office Park LLC
—
Trustees Deed
related
$3,120,144 · Western Sierra National Bank
Jun 9, 2000
$1,117,000
Douglas Office Park LLC
Slaughter Trust
Grant Deed
—
May 31, 2000
$467,500
Slaughter Trust
E Bryant Ventures
Grant Deed
—
Feb 8, 1999
$80,000
Warren A Henschel
Mc Kinnon,eleanor
Grant Deed
—
May 28, 1998
$79,681
Eleanor Mc Kinnon
Gvn Development Group
Trustees Deed
—
Jul 27, 1995
$535,000
G V N Development Group
First Commercial Bank
Grant Deed
$114,400 · Individual
Sep 22, 1993
$2,358,502
First Commercial Bank
Sac Cal Properti
Trustees Deed
related
—
—
—
Douglas Office Park LLC
—
Deed Of Trust
related
$300,000 · Russell W Kuhn
—
—
Douglas Office Park LLC
—
Deed Of Trust
related
$250,000 · Umpqua Bank
—
—
Douglas Office Park LLC
—
Deed Of Trust
related
$860,000 · Community Bank San Joaquin
—
—
Douglas Office Park LLC
—
Deed Of Trust
related
$3,120,144 · Umpqua Bank
—
—
Douglas Office Park LLC
—
Deed Of Trust
related
$1,400,000 · Russell W Kuhn
—
—
G V N Development Group
—
Deed Of Trust
related
$67,500 · Individual
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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