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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Warehouses
600 Commerce Dr, Roseville, CA 95678-6423
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-9561963
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
TILT-UP CONCRETE
Total area
14,332 SF
Lot
0.93 ac (40,578 SF)
Zoning code
MD
APN
472-350-012-000
UPID
US09-9561963
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
-
R&B Framing Inc Construction Company General Contractor
-
Roseville Muscle Car Parts Auto Parts Store
-
358 Studios (Bike/Boat/Book/etc) Store Photography Service
-
Tilley's Automotive Auto Repair Shop Vehicle Inspection Center
-
The Grid Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$711k
Blend (final)
Blend
$540k
Owner & transaction history
Terry N Meinzer · 3 yrs held
Terry N Meinzer
since 2023
Last sale
$612,000
5 recorded transactions
Zoning & alternative use
MD · Roseville, 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 Roseville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roseville 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
$430,000
ML approach
$340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $612k (May 22 2023)
Last sale anchor
$612k
May 22 2023
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
$38 / 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
$21,386
Tax year 2024
Assessed value
$2,055,941
Assessed 2024
Previous assessed
$2,055,941
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$394,609
Assessed improvement
$1,661,332
Applied tax rate
5.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
GAS
Cooling
YES
Units
1
Bathrooms
2
Total area
14,332 SF
Lot
0.93 ac (40,578 SF)
Zoning code
MD
APN
472-350-012-000
UPID
US09-9561963
Jurisdiction
PLACER
Zoning & alternative use
MD · Roseville, CA
Zoning MD · permitted uses
MD · Roseville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roseville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
TILT-UP CONCRETE
Heating
GAS
Cooling
Yes
Units
1
Bathrooms
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
Terry N Meinzer
Individual
Mailing address
3305 ELKHORN BLVD STE #1, NORTH HIGHLANDS, CA 95660-3129
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2023
$612,000
Terry N Meinzer
Sierra Madre Enterprises LP
Grant Deed
—
Sep 30, 2020
—
Sierra Madre Ents LP
Mlp-two LLC
Quit Claim Deed
—
Jun 30, 2000
$935,000
Meinzer Trust
Frank Schrader Investment Co
Grant Deed
$60,000 · Meinzer Trust
Mar 15, 1993
—
Frank Schrader Inv Co
Mcmanus,joseph R
Grant Deed
$210,250 · Ellersick Trust
—
—
Meinzer,tr
—
Deed Of Trust
related
$680,000 · Stancorp Mortgage Investors
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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