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Property profile & analytics
OFF-MARKET
Estimated value
$5,020,000
Warehouses
625 16th St Sacramento, CA 95811-0523
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-2635483
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1978
Total area
46,786 SF
Lot
2.53 ac (110,206 SF)
Zoning code
R-3A-SPD
APN
001-0104-014-0000
UPID
US09-2635483
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.24M
Blend (final)
Blend
$5.02M
Owner & transaction history
Cubesmart LP · 9 yrs held
Cubesmart LP
since 2017
7 recorded transactions
Zoning & alternative use
R-3A-SPD · 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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,365,000
Current use
Blend value · Realmo final
$5.02M
Range $4.52M – $5.52M · ±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
$107 / 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
$54,571
Tax year 2024
Assessed value
$4,111,098
Assessed 2024
Previous assessed
$4,111,098
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,251,610
Assessed improvement
$2,859,488
Applied tax rate
3.0000
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
1978
Heating
NONE
Buildings
2
Stories
1
Total area
46,786 SF
Lot
2.53 ac (110,206 SF)
Zoning code
R-3A-SPD
APN
001-0104-014-0000
UPID
US09-2635483
Jurisdiction
SACRAMENTO
Zoning & alternative use
R-3A-SPD · Sacramento, CA
Zoning R-3A-SPD · permitted uses
R-3A-SPD · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.4M
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
1978
Heating
NONE
Stories
1
Buildings
2
Lot
2.53 ac
Current owner
From public records · entity-resolved
Cubesmart LP
Entity
Mailing address
PO BOX 320099, ALEXANDRIA, VA 22320-4099
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2017
$3,613,500
Cubesmart LP
Robinson Family Trust
Grant Deed
—
Mar 28, 2017
—
Daniel Robinson
Robinson,leigh
Affidavit Of Death
related
—
May 24, 2016
—
Leigh Robinson
Robinson,tona L
Affidavit Of Death
related
—
Oct 31, 2008
—
Robinson Family Trust
Twc Sacramento Storage LLC
Grant Deed
$1,300,000 · Twc Sacramento Storage LLC
Jul 11, 2003
—
Twc Sacramento Storage LLC
Sacramento 16th Storage Assn
Quit Claim Deed
related
$11,500,000 · Commercial Real Estate Svcs Gr
Aug 1, 2001
—
Sacramento 16th Storage Assoc
—
Trustees Deed
related
—
Mar 31, 1999
—
Sacramento-16th Storage Assoc
Dsi Realty Income Fund III
Grant Deed
$1,500,000 · Morgan Guaranty Trust Co Ny
—
—
Sacramento 16th Storage Assoc
—
Deed Of Trust
related
$1,620,000 · Wells Fargo Bank
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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