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Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Retail space
6199 Sunrise Blvd Citrus Heights, CA 95610-6834
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-0187299
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
TILT-UP CONCRETE
Total area
14,820 SF
Lot
2 ac (87,120 SF)
Zoning code
SC
APN
243-0191-045-0000
UPID
US09-0187299
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
-
Walgreens Pharmacy Pharmacy
-
Walgreens Pharmacy
-
Nhatduy T. Ton, PharmD Pharmacy
-
Kimlong T. Meyer, PharmD Pharmacy
-
Brian H. Shinjo, PharmD Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.97M
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$2.19M
Owner & transaction history
Fadco Citrus Heights LLC · 8 yrs held
Fadco Citrus Heights LLC
since 2018
6 recorded transactions
Zoning & alternative use
SC · Citrus Heights, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.6M
+51.8%
Commercial (general)
$3.5M
+47.6%
Industrial (general)
$3.1M
+31.8%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,215,000
6.5%
$2,970,000
7%
$2,755,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,345,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,560,000
Change: +52% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,460,000
Change: +48% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,090,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±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
$148 / 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
$102,348
Tax year 2024
Assessed value
$8,000,000
Assessed 2024
Previous assessed
$8,000,000
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$3,500,000
Assessed improvement
$4,500,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
14,820 SF
Lot
2 ac (87,120 SF)
Zoning code
SC
APN
243-0191-045-0000
UPID
US09-0187299
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
RETAIL STORES Current
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.5M
INDUSTRIAL (GENERAL)
Est. value
$3.1M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
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
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2 ac
Current owner
From public records · entity-resolved
Fadco Citrus Heights LLC
Entity
Mailing address
PO BOX 2742, NEWPORT BEACH, CA 92659-0160
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2018
$10,950,000
Fadco Citrus Heights LLC
Citrus Sunrise LLC
Grant Deed
related
$7,000,000 · Goldman-sachs Mtg
Jan 11, 2017
—
Citrus Sunrise LLC
Career Lofts-laguna Niguel LLC
Quit Claim Deed
related
$7,000,000 · Goldman Sachs Mtg
Sep 23, 2016
$10,417,000
Career Lofts Laguna Niguel LLC
Cordano Devco 1 LLC
Grant Deed
$4,800,000
May 8, 2009
$1,080,000
Devco I Cordano
Payton Dev LLC
Grant Deed
$950,000 · First Bank
Aug 27, 2007
—
Devco I Cordano
Lowes Hiw INC
Grant Deed
$7,100,000 · First Bank
—
—
Cordano Devco I LLC
—
Deed Of Trust
related
$5,000,000 · 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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