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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Banks
6047 Sunrise Blvd Citrus Heights, CA 95610-6833
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0108677
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1990
Construction
TILT-UP CONCRETE
Total area
6,210 SF
Lot
0.27 ac (11,761 SF)
Zoning code
SC
APN
243-0191-029-0000
UPID
US09-0108677
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
-
Wells Fargo Bank Bank Loan Service
-
Wells Fargo Advisors Financial Advisor
-
Wells Fargo ATM Atm
-
Wells Fargo Home Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$727k
Blend (final)
Blend
$625k
Owner & transaction history
Homegoods INC · 2 yrs held
Homegoods INC
since 2023
7 recorded transactions
Zoning & alternative use
SC · Citrus Heights, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$925,000
+73.8%
Office building
$845,000
+57.9%
Medical building
$775,000
+45.3%
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 Citrus Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Citrus Heights 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
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$535,000
Current use
COMMERCIAL (GENERAL)
$925,000
Change: +74% · Conversion: Difficult
OFFICE BUILDING
$845,000
Change: +58% · Conversion: Difficult
MEDICAL BUILDING
$775,000
Change: +45% · Conversion: Difficult
RESTAURANT
$700,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$675,000
Change: +26% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$510,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$101 / 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
$35,661
Tax year 2024
Assessed value
$2,901,458
Assessed 2024
Previous assessed
$2,901,458
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$406,201
Assessed improvement
$2,495,257
Applied tax rate
6.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Total area
6,210 SF
Lot
0.27 ac (11,761 SF)
Zoning code
SC
APN
243-0191-029-0000
UPID
US09-0108677
Jurisdiction
SACRAMENTO
Zoning & alternative use
SC · Citrus Heights, CA
Zoning SC · permitted uses
SC · Citrus Heights, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Citrus Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$925,000
OFFICE BUILDING
Est. value
$845,000
MEDICAL BUILDING
Est. value
$775,000
RESTAURANT
Est. value
$700,000
AUTO REPAIR, GARAGE
Est. value
$675,000
INDUSTRIAL (GENERAL)
Est. value
$510,000
FINANCIAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
Homegoods INC
Entity
Free & Clear · 2 yrs held
Mailing address
973 LOMAS SANTA FE DR, SOLANA BEACH, CA 92075-2137
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2023
—
Homegoods INC
Birdcage Grf2 LLC
Lease
—
Nov 23, 2020
—
Birdcage Grf2 LLC
—
Deed
related
$49,595,000 · Bank Of America
Jul 17, 2020
—
Birdcage Grf2 LLC
—
Deed
related
$49,595,000 · Bank Of America
Jul 15, 2015
—
Birdcage Grf2 LLC
Mp Birdcage Marketplace LLC
Quit Claim Deed
$49,595,000 · Bank Of America
Oct 3, 2003
—
Mp Birdcage Marketplace
Birdcage Properties LP
Quit Claim Deed
related
—
Jan 5, 2000
—
Birdcage Properties LP
Birdcage Investors
Quit Claim Deed
related
—
Sep 24, 1996
—
Birdcage Investors
—
Grant Deed
related
$8,000,000 · Tokai Bank California
Nov 15, 1995
—
Birdcage Investors
Prudential Insurance Of Americ
Grant Deed
$8,000,000 · Individual
Jun 26, 1995
$12,000,000
Prudential Insurance Of Americ
Sunrise Birdcage Partners Ltd
Trustees Deed
—
—
—
Birdcage Grf2 LLC
—
Loan Modification
related
$49,595,000 · Bank Of America
—
—
Birdcage Grf2 LLC
—
Loan Modification
related
$49,595,000 · Bank Of America
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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