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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Turn key restaurants
6225 Watt Ave, North Highlands, CA 95660-4215
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US10-2810297
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1968
Construction
WOOD
Total area
3,227 SF
Lot
0.4 ac (17,325 SF)
Zoning code
SPA
APN
215-0062-038-0000
UPID
US10-2810297
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
-
Pancake Palace Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$480k
Blend (final)
Blend
$525k
Owner & transaction history
Mohammad Mohammad · 24 yrs held
Mohammad Mohammad
since 2002
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$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
$7,916
Tax year 2024
Assessed value
$687,938
Assessed 2024
Previous assessed
$687,938
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$173,789
Assessed improvement
$514,149
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1968
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
3,227 SF
Lot
0.4 ac (17,325 SF)
Zoning code
SPA
APN
215-0062-038-0000
UPID
US10-2810297
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.
Building & site characteristics
From public records
Year built
1968
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.4 ac
Current owner
From public records · entity-resolved
Mohammad Mohammad
Individual
Mailing address
PO BOX 360, NORTH HIGHLANDS, CA 95660-0360
Ownership since
2002
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
May 3, 2002
$475,000
Mohammad Mohammad
Barton Trust
Grant Deed
$425,000 · Barton Trust
May 3, 2002
—
Mohammad Mohammad
Sharari,kholoud
Grant Deed
related
—
Feb 2, 1996
—
Barton Trust
Barton,cassaunadra F
Quit Claim Deed
related
—
Jan 31, 1995
$250,000
Cassaundra F Barton
Imperial Thrift & Loan
Grant Deed
$212,500 · Imperial Thrift & Loan
Aug 12, 1994
$322,000
Thrift Imperial
Ross,william M &
Trustees Deed
related
—
Jun 21, 1991
$345,000
Ross William M
Miller,linda S
Grant Deed
—
Oct 12, 1990
$345,000
Ross William M
Miller Linda S
Grant Deed
$304,200 · Individual
—
—
William M Ross
—
Deed Of Trust
related
$399,377 · Imperial Thrift & Loan
—
—
Linda S Miller
—
Deed Of Trust
related
$165,000 · Individual
—
—
Ross William M
—
Deed Of Trust
related
$375,000 · Imperial Thrift & Loan
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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