Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,850,000
Strip malls
6023 Florin Rd Sacramento, CA 95823-2494
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-3504526
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
WOOD
Total area
14,877 SF
Zoning code
SC
APN
042-0011-038-0000
UPID
US09-3504526
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
-
Carranza Dental Dental Office
-
Dr. Uriel Carranza, DDS Dental Office
-
Primo Water Refill & Exchange Big Box & Wholesale Store
-
Subway Take-out & Catering Catering Service
-
Gold USA (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.85M
CAP Approach
CAP
$4.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.85M
Owner & transaction history
Preis LLC · 2 yrs held
Preis LLC
since 2024
Last sale
$4.9M
2 recorded transactions
Zoning & alternative use
SC · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.3M
+56.4%
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)
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
$4,850,000
ML approach
$4,850,000
CAP Approach
CAP Return
Estimation
6%
$4,380,000
6.5%
$4,045,000
7%
$3,755,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,690,000
Current use
RESTAURANT
$7,335,000
Change: +56% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,405,000
Change: -6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,805,000
Change: -19% · Conversion: Difficult
MEDICAL BUILDING
$3,790,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$4.85M
Range $4.37M – $5.34M · ±10% · vs last sale $4.85M (Feb 2 2024)
Last sale anchor
$4.85M
Feb 2 2024
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
$326 / 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
$23,001
Tax year 2024
Assessed value
$1,991,121
Assessed 2024
Previous assessed
$1,991,121
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$384,513
Assessed improvement
$1,606,608
Applied tax rate
51.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Construction
WOOD
Buildings
2
Stories
1
Total area
14,877 SF
Zoning code
SC
APN
042-0011-038-0000
UPID
US09-3504526
Jurisdiction
SACRAMENTO
Zoning & alternative use
SC · Sacramento, CA
Zoning SC · permitted uses
SC · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.7M
RESTAURANT
Est. value
$7.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2008
Construction
WOOD
Stories
1
Buildings
2
Current owner
From public records · entity-resolved
Preis LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 552, HUNTINGTON BEACH, CA 92648-0552
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2024
$4,850,000
Preis LLC
Starboard Florin LLC
Grant Deed
—
Apr 10, 2023
—
Starboard Florin LLC
—
Deed
related
$12,000,000 · Valley Bank
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 6023 Florin Rd?
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.
