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Property profile & analytics
FOR LEASE
Office buildings
625 Coolidge Dr Folsom, CA 95630
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0238599
For Lease
1 / 3
Contact for pricing
625 Coolidge Dr, Folsom, CA 95630
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
TILT-UP CONCRETE
Total area
103,943 SF
Lot
8.36 ac (364,161 SF)
Zoning code
SP-IND/OP
APN
071-0020-114-0000
UPID
US09-0238599
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
-
Maximus Ca Healthy Family Insurance Agency
-
Paragon Products LLC. Industrial Manufacturer Production Facility
-
Jesus Culture Sacramento Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.57M
Owner & transaction history
625 Coolidge LLC · 6 yrs held
625 Coolidge LLC
since 2020
Last sale
$18.5M
7 recorded transactions
Zoning & alternative use
SP-IND/OP · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The industrial office park zone is intended to create industrial and office park developments consisting primarily of research and development facilities and service business such as banks, laboratories, health care facilities, medical offices and business and professional offices
Zone name
Specific Plan Industrial And Office Park District
General category
INDUSTRIAL
Zone area
48.02 ac
Source
Realmo
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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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
$19,955,000
ML approach
$11,585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$29,770,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$18.57M
Range $16.71M – $20.42M · ±10% · vs last sale $18.45M (Feb 13 2020)
Last sale anchor
$18.45M
Feb 13 2020
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
$179 / 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
$216,652
Tax year 2024
Assessed value
$19,782,126
Assessed 2024
Previous assessed
$19,782,126
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$6,540,431
Assessed improvement
$13,241,695
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
103,943 SF
Lot
8.36 ac (364,161 SF)
Zoning code
SP-IND/OP
APN
071-0020-114-0000
UPID
US09-0238599
Jurisdiction
SACRAMENTO
Zoning & alternative use
SP-IND/OP · Folsom, CAZoning SP-IND/OP · permitted uses
SP-IND/OP · Folsom, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The industrial office park zone is intended to create industrial and office park developments consisting primarily of research and development facilities and service business such as banks, laboratories, health care facilities, medical offices and business and professional offices
Zone name
Specific Plan Industrial And Office Park District
General category
INDUSTRIAL
Zone area
48.02 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$29.8M
APARTMENT HOUSE (5+ UNITS)
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
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
8.36 ac
Current owner
From public records · entity-resolved
625 Coolidge LLC
Entity
Mailing address
1750 PR CITY RD STE #130, FOLSOM, CA 95630-9597
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2020
$18,450,000
625 Coolidge LLC
Mima Capital LLC
Grant Deed
$15,500,000 · Wesleyan Investment Foundation INC
Dec 10, 2019
—
Mima Capital LLC
—
Deed
related
$12,500,000 · First Bk
Aug 31, 2015
$13,910,000
Mima Capital LLC
Thalia LLC
Grant Deed
$8,400,000 · First Bank
Jul 1, 2014
—
Wendy M Cramer
Lyon,william R
Quit Claim Deed
related
—
Jun 30, 2014
—
Thalia LLC
Catlin Development LLC
Grant Deed
$9,444,280 · Umpqua Bank
Dec 2, 2008
—
Ishmael William E Trust
Ishmael,william E
Quit Claim Deed
related
—
Jun 5, 2006
$709,000
Wong Family Investors
Catlin Dev LLC
Grant Deed
—
Jan 31, 2006
$513,000
Constance N Elkus
Catlin Dev LLC
Grant Deed
—
Dec 7, 2005
$2,810,000
Catlin Dev LLC
1700 Coolidge LLC
Grant Deed
—
Dec 7, 2005
$2,378,000
Catlin Dev LLC
Ble Coolidge LLC
Grant Deed
—
Nov 22, 2005
$736,000
Investments Souza
Cattin Development LLC
Grant Deed
—
Jun 15, 2005
$692,000
Catlin Dev LLC
Brienzo Family Trust
Grant Deed
—
Jun 15, 2005
$2,410,000
Richmond-east Park I LLC
Catlin Dev LLC
Grant Deed
—
—
—
Catlin Dev LLC
—
Deed Of Trust
related
$10,700,000 · Umpqua Bank
—
—
Mima Capital LLC
—
Deed Of Trust
related
$12,500,000 · First Bk
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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