Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$65,585,000
Office buildings
600 Coolidge Dr Folsom, CA 95630-4211
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0198560
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1999
Construction
TILT-UP CONCRETE
Total area
163,800 SF
Lot
9.13 ac (397,702 SF)
Zoning code
SP-IND/OP
APN
071-0020-079-0000
UPID
US09-0198560
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
-
Kingsley Bogard Law Firm
-
Beacon Hil Employment Agency
-
Citygate Associates, LLC Consultant Business Management Consultant
-
Morton & Pitalo Corporate Office
-
Financial Wize Home Loans Folsom CA Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$42.04M
Comparable Approach
Comparable
$55.69M
Blend (final)
Blend
$65.59M
Owner & transaction history
Kb Parkshore Dst · 4 yrs held
Kb Parkshore Dst
since 2021
Last sale
$72.2M
6 recorded transactions
Zoning & alternative use
SP-IND/OP · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The industrial office park zone is intended to create industrial and office park developments consisting primarily of research and development facilities and service business such as banks, laboratories, health care facilities, medical offices and business and professional offices
Zone name
Specific Plan Industrial And Office Park District
General category
INDUSTRIAL
Zone area
48.02 ac
Source
Realmo
Top alternative use upside
Restaurant
$77.0M
+41.2%
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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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
$85,895,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$45,540,000
6.5%
$42,040,000
7%
$39,035,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$54,580,000
Current use
RESTAURANT
$77,045,000
Change: +41% · Conversion: Moderate
RETAIL STORES
$52,785,000
Change: -3% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$46,915,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$65.59M
Range $59.03M – $72.14M · ±10% · vs last sale $72.15M (Oct 13 2021)
Last sale anchor
$72.15M
Oct 13 2021
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
$400 / 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
$462,988
Tax year 2024
Assessed value
$42,380,694
Assessed 2024
Previous assessed
$42,380,694
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$4,057,560
Assessed improvement
$38,323,134
Applied tax rate
4.0000
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
3
Total area
163,800 SF
Lot
9.13 ac (397,702 SF)
Zoning code
SP-IND/OP
APN
071-0020-079-0000
UPID
US09-0198560
Jurisdiction
SACRAMENTO
Zoning & alternative use
SP-IND/OP · Folsom, CAZoning SP-IND/OP · permitted uses
SP-IND/OP · Folsom, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The industrial office park zone is intended to create industrial and office park developments consisting primarily of research and development facilities and service business such as banks, laboratories, health care facilities, medical offices and business and professional offices
Zone name
Specific Plan Industrial And Office Park District
General category
INDUSTRIAL
Zone area
48.02 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$54.6M
RESTAURANT
Est. value
$77.0M
RETAIL STORES
Est. value
$52.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$46.9M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Buildings
2
Lot
9.13 ac
Current owner
From public records · entity-resolved
Kb Parkshore Dst
Individual
Mailing address
11622 EL CAMINO REAL #1, SAN DIEGO, CA 92130-2049
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2021
$72,150,000
Kb Parkshore Dst
Nella Parkshore LLC
Grant Deed
$43,600,000 · Key Bank NA
Jun 8, 2018
—
Nella Parkshore LLC
—
Deed
related
—
Apr 10, 2017
$40,000,000
Nella Parkshore LLC
Eqc Parkshore Plaza Prop LLC
Grant Deed
—
Jun 17, 2011
$5,025,000
Cw Parkshore Plaza LLC
Parkshore Plaza Office Prop
Grant Deed
—
Apr 19, 2007
—
Parkshore Plaza Office Property Own
Ca Parkshore Plaza LP
Grant Deed
$41,275,000 · Wells Fargo Bank NA
—
—
Nella Parkshore LLC
—
Deed Of Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 600 Coolidge Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
