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Property profile & analytics
OFF-MARKET
Estimated value
$1,680,000
Medical Office Space
6137 Watt Ave North Highlands, CA 95660-4291
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2395445
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1965
Construction
WOOD
Total area
10,304 SF
Lot
0.86 ac (37,461 SF)
Zoning code
SPA
APN
215-0072-022-0000
UPID
US09-2395445
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
-
Lamont P. Hunter, PA Physician
-
Arthur Fedics Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.68M
Owner & transaction history
Iglesia De Jesucristo Palabra Miel · 1 yrs held
Iglesia De Jesucristo Palabra Miel
since 2025
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
SPA · North Highlands, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 North Highlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Highlands 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,750,000
6.5%
$1,615,000
7%
$1,500,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,685,000
Current use
AUTO REPAIR, GARAGE
$2,660,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,405,000
Change: -10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,150,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.68M
Range $1.51M – $1.85M · ±10% · vs last sale $1.70M (Jan 14 2025)
Last sale anchor
$1.70M
Jan 14 2025
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
$163 / 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
$10,347
Tax year 2024
Assessed value
$898,316
Assessed 2024
Previous assessed
$898,316
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$290,033
Assessed improvement
$608,283
Applied tax rate
59.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
10,304 SF
Lot
0.86 ac (37,461 SF)
Zoning code
SPA
APN
215-0072-022-0000
UPID
US09-2395445
Jurisdiction
SACRAMENTO
Zoning & alternative use
SPA · North Highlands, CA
Zoning SPA · permitted uses
SPA · North Highlands, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Highlands. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1965
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Iglesia De Jesucristo Palabra Miel
Individual
Mailing address
1949 KILCHOAN WAY, SAN JOSE, CA 95122-2931
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Apr 14, 2025
$1,700,000
Iglesia De Jesucristo Palabra Miel
Julie Mydung Armenta
Grant Deed
$1,650,000 · Julie Mydung Armenta Living Trust
Mar 8, 2024
—
Julie Mydung Armenta
Julie P Armenta
Intrafamily Transfer
related
—
May 30, 2018
$375,000
Julie P Armenta
4j Farid LLC
Grant Deed
—
Mar 1, 2016
$465,000
4j Farid LLC
Cc Investment Properties LLC
Grant Deed
$360,000 · Jpmorgan Chase Bank NA
Sep 21, 2011
$265,000
Cc Investment Properties LLC
Crp Properties INC
Grant Deed
—
Oct 26, 2010
$314,500
Crp Properties INC
California Reconveyance Co
Trustees Deed
related
—
Jun 15, 1992
—
Steven D Adams
Jacobson,diane L
Grant Deed
$107,000 · Beneficial California INC
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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