Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    6060 Elder Crk Rd Sacramento, CA 95824-4109

    • Auto shops
    • 4,092 SF
    • 0.99 lot acres
    OFF-MARKET
    Last Sale
    Apr 29, 2020
    $540,000
    Value Estimations
    $720,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2905643
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto Repair Garage / Auto Repair Shop / Smog Inspection Station
    • Far East Auto Repair / Auto Repair Shop
    • Auto World of Sacramento / Auto Repair Shop / Smog Inspection Station

    Property Details for 6060 Elder Crk Rd

    Year built
    1972
    Construction
    TILT-UP CONCRETE
    Lot size
    0.99 lot acres
    Property size
    4,092 SF
    Zone code
    C-2-SPD
    Property type
    Auto shops
    APN
    040-0021-030-0000
    APU
    4000210300000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $715,000
      ML approach
      $650,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,078,000
      Market price range: $500k - $1.79M
      AI Estimate
      $588,000
      Market price range: $172k - $893k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.434
    Latitude
    38.5102
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,995
    $375,269
    $203,717
    $578,986
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $360,000
      0.59 Acres

      6001 Stockton Blvd

      AUTO REPAIR, GARAGE • 0.59 Acres
      6001 Stockton Blvd, Sacramento, CA 95824-1534
      View Details
    • Value Estimation
      $740,000
      2,880 SF

      5630 Franklin Blvd

      AUTO REPAIR, GARAGE • 2,880 SF
      5630 Franklin Blvd, Sacramento, CA 95824-1110
      View Details
    • Value Estimation
      $350,000
      5,920 SF

      5401 Mcmahon Dr

      AUTO REPAIR, GARAGE • 5,920 SF
      5401 Mcmahon Dr, Sacramento, CA 95824-3145
      View Details
    • Value Estimation
      $390,000
      5,074 SF

      5781 Stockton Blvd

      AUTO REPAIR, GARAGE • 5,074 SF
      5781 Stockton Blvd, Sacramento, CA 95824-1613
      View Details
    • Value Estimation
      $85,000
      6,126 SF

      5889 Stockton Blvd

      AUTO REPAIR, GARAGE • 6,126 SF
      5889 Stockton Blvd, Sacramento, CA 95824-3015
      View Details
    • Value Estimation
      $320,000
      2,000 SF

      4833 47th Ave

      AUTO REPAIR, GARAGE • 2,000 SF
      4833 47th Ave, Sacramento, CA 95824-3956
      View Details

    Similar Nearby for Sale

    • $650,000

      Commercial Building on Stockton Boulevard

      Commercial building with business potential in Sacramento, CA.
      6001 Stockton Blvd, Sacramento, CA 95824
      View Details
    • $225,000
      632 SF

      Seize This Opportunity to Own a Well-Established, Full-Service Automotive Business!

      Seize This Opportunity to Own a Well-Established, Full-Service Automotive Business!
      5670 Stockton Boulevard, Sacramento, CA 95824
      View Details
    • $459,000
      2,900 SF

      Prime Commercial Building For Sale

      Prime Commercial Building For Sale
      5900 Lemon Hill Avenue, Sacramento, CA 95824
      View Details
    • $459,000
      2,912 SF

      Sacramento Commercial Building - Prime Location

      Versatile 2,912 sq ft space, ideal for various uses.
      5900 Lemon Hill Ave, Sacramento, CA 95824
      View Details
    • Contact for pricing

      Land at Signalized Intersection

      Land with commercial and residential zoning near transportation.
      3850 Rizzo Ct, Sacramento, CA 95824
      View Details
    • Contact for pricing

      Land at Signalized Intersection

      1.04 AC land near Highway 99 on/off ramp.
      3856 Rizzo Ct, Sacramento, CA 95824
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      31,960 SF

      Lotus Plaza: Retail Space Available

      South Sacramento Restaurant Space For Lease
      6048 Stockton Blvd, Sacramento, CA 95824
      View Details
    • $18 SF/Yr
      3,790 SF

      Sacramento Retail Space - 1302 SF

      High-traffic retail space, recently renovated.
      5880 Stockton Blvd, Sacramento, CA 95824
      View Details
    • $2,827 /Mo
      1,386 SF

      1386 SF Space B For Lease

      1386 SF Space B For Lease
      5880 Stockton Boulevard #B, Sacramento, CA 95824
      View Details
    • $1.40 SF/Yr
      1,152 SF

      Retail Space in Little Saigon

      Retail space for lease in a high-traffic location.
      6036 Stockton Blvd, Sacramento, CA 95824
      View Details
    • Contact for pricing
      31,960 SF

      South Sacramento Retail Space Available

      Retail spaces for lease in South Sacramento near Highway 99.
      6024 Stockton Blvd, Sacramento, CA 95824
      View Details
    • Contact for pricing
      1,116 SF

      Retail Space in Sacramento Center

      Modern retail space with national tenants, built in 2021.
      5621-5653 Stockton Blvd, Sacramento, CA 95824
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6060 Elder Crk Rd
    Sacramento, CA 95824-4109
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.