Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Retail space
609 Sutter St Folsom, CA 95630-2544
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2288797
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Construction
TILT-UP CONCRETE
Total area
2,464 SF
Lot
0.04 ac (1,750 SF)
Zoning code
HD
APN
070-0111-006-0000
UPID
US10-2288797
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
-
The Vine Folsom Bar & Pub
-
Spectrum Business Networking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$495k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Sftb Investments LLC · 2 yrs held
Sftb Investments LLC
since 2024
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
HD · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The city council intends to actively promote the purposes of this chapter by is creating incentives for residents, property owners and businesses, encouraging cooperation in attaining the purposes set forth in this chapter, and providing a simple, fair and effective system of enforcement of the regulations contained in this chapter
Zone name
Historic District
General category
COMMERCIAL
Zone area
48.38 ac
Source
Realmo
Top alternative use upside
Office building
$820,000
+3.4%
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 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$535,000
6.5%
$495,000
7%
$460,000
Alternative Use
Use
Estimation
RETAIL STORES
$795,000
Current use
OFFICE BUILDING
$820,000
Change: +3% · Conversion: Easy
MEDICAL BUILDING
$640,000
Change: -19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$635,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Feb 20 2024)
Last sale anchor
$650k
Feb 20 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
$264 / 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
$7,389
Tax year 2024
Assessed value
$780,860
Assessed 2024
Previous assessed
$780,860
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$161,748
Assessed improvement
$619,112
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
2,464 SF
Lot
0.04 ac (1,750 SF)
Zoning code
HD
APN
070-0111-006-0000
UPID
US10-2288797
Jurisdiction
SACRAMENTO
Zoning & alternative use
HD · Folsom, CAZoning HD · permitted uses
HD · Folsom, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The city council intends to actively promote the purposes of this chapter by is creating incentives for residents, property owners and businesses, encouraging cooperation in attaining the purposes set forth in this chapter, and providing a simple, fair and effective system of enforcement of the regulations contained in this chapter
Zone name
Historic District
General category
COMMERCIAL
Zone area
48.38 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$795,000
OFFICE BUILDING
Est. value
$820,000
MEDICAL BUILDING
Est. value
$640,000
AUTO REPAIR, GARAGE
Est. value
$635,000
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Sftb Investments LLC
Entity
Mailing address
3305 GOPHER RDG DR, FOLSOM, CA 95630-6939
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2024
$650,000
Sftb Investments LLC
Visionary California LLC
Grant Deed
$5,200,000 · Banner Bank
Nov 28, 2017
—
Ricardo Samaniego
Samaniego,paloma
Quit Claim Deed
related
$380,000 · Mers Fund I
Apr 21, 2014
—
Sutter,land Trust
Samaniego,ricardo
Quit Claim Deed
related
—
Dec 24, 2013
$570,000
Ricardo Samaniego
4 Muses LLC
Grant Deed
$341,609 · 4 Muses LLC
Dec 21, 2007
$729,000
4 Muses LLC
Cloud,grant F & Penny J
Grant Deed
$488,430 · Grant F & Penny J Cloud
—
—
Grant Cloud
—
Deed Of Trust
related
$140,000 · Wells Fargo Bank
—
—
4 Muses LLC
—
Deed Of Trust
related
$323,430 · Grant F & Penny J Cloud
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 609 Sutter St?
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.
