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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Warehouses
620 Houston St West Sacramento, CA 95691-2251
Entity Owned
~
Est. High Equity
Property ID
US10-1806172
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1975
Total area
9,600 SF
Lot
0.7 ac (30,535 SF)
Zoning code
M-2
APN
008-371-003-000
UPID
US10-1806172
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
-
Wicked West Customs Auto Repair Shop
-
Big Valley Metals Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$494k
Blend (final)
Blend
$810k
Owner & transaction history
V1 Property Development LLC
V1 Property Development LLC
since 2026
Last sale
$736,000
7 recorded transactions
Zoning & alternative use
M-2 · West Sacramento, 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 West Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Sacramento 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
$830,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,310,000
Current use
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $736k (Dec 28 2023)
Last sale anchor
$736k
Dec 28 2023
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
$84 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,960
Tax year 2023
Assessed value
$1,054,060
Assessed 2024
Previous assessed
$1,054,060
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$328,240
Assessed improvement
$725,820
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Heating
NONE
Stories
1
Total area
9,600 SF
Lot
0.7 ac (30,535 SF)
Zoning code
M-2
APN
008-371-003-000
UPID
US10-1806172
Jurisdiction
YOLO
Zoning & alternative use
M-2 · West Sacramento, CA
Zoning M-2 · permitted uses
M-2 · West Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.3M
WAREHOUSE, STORAGE Current
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
1975
Heating
NONE
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
V1 Property Development LLC
Entity
Mailing address
620 HOUSTON ST, WEST SACRAMENTO, CA 95691-2251
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2026
—
V1 Property Development LLC
Joseph R Vela
Grant Deed
$1,169,000 · Travis Cu
Dec 28, 2023
—
Joseph R Vela
Linda Vela
Intrafamily Transfer
related
$920,000 · Mers Link 4
Mar 18, 2009
—
Vela Family 2009 Trust
Vela,joseph R & Linda L
Quit Claim Deed
related
—
Jan 27, 2006
$736,000
Joseph R Vela
Lamming H C & L Trust
Grant Deed
$374,000 · American River Bank
Aug 26, 2002
—
Lamming,tr
Lamming,harvey C & Leah
Quit Claim Deed
related
—
Aug 20, 1999
$133,333
Lamming,harvey C & Leah
Sigmon,martin R
Trustees Deed
$100,000 · Westamerica Bank
Aug 20, 1999
—
Martin R Sigmon
Sigmon,chris
Quit Claim Deed
related
—
Jul 12, 1999
—
Martin R Sigmon
Sigmon,maurice R
Quit Claim Deed
related
—
May 2, 1995
$290,000
Maurice R Sigmon
Seamans,harold L & Betty J
Grant Deed
$265,000 · Seller
—
—
Joseph R Vela
—
Deed Of Trust
related
$267,000 · Cdc Small Business Finance Co
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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