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Property profile & analytics
OFF-MARKET
Estimated value
$1,385,000
Garden apartment buildings
6302 22nd St Rio Linda, CA 95673-4514
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3102789
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1942
Construction
WOOD
Total area
4,804 SF
Lot
4.4 ac (191,664 SF)
Zoning code
AR-2
APN
215-0032-001-0000
UPID
US09-3102789
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
$1.37M
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$985k
Blend (final)
Blend
$1.39M
Owner & transaction history
Joseph Rohit Chand · 4 yrs held
Joseph Rohit Chand
since 2022
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
AR-2 · Rio Linda, 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 Rio Linda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rio Linda 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
$1,375,000
ML approach
$1,365,000
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,375,000
Current use
MEDICAL BUILDING
$1,250,000
Change: -9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,240,000
Change: -10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,120,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.39M
Range $1.25M – $1.52M · ±10% · vs last sale $1.40M (Jun 10 2022)
Last sale anchor
$1.40M
Jun 10 2022
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
$288 / 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
$16,701
Tax year 2024
Assessed value
$1,456,560
Assessed 2024
Previous assessed
$1,456,560
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$416,160
Assessed improvement
$1,040,400
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1942
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
5
Total area
4,804 SF
Lot
4.4 ac (191,664 SF)
Zoning code
AR-2
APN
215-0032-001-0000
UPID
US09-3102789
Jurisdiction
SACRAMENTO
Zoning & alternative use
AR-2 · Rio Linda, CA
Zoning AR-2 · permitted uses
AR-2 · Rio Linda, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rio Linda. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (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
1942
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
5
Lot
4.4 ac
Current owner
From public records · entity-resolved
Joseph Rohit Chand
Individual
Mailing address
6302 22ND ST, RIO LINDA, CA 95673-4514
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2025
—
Joseph Rohit Chand
—
Deed
related
$685,000 · City Heights Corporation
Jun 10, 2022
$1,400,000
Joseph Rohit Chand
Billy W Fowler
Grant Deed
$700,000 · The Billy W Fowler And Sandy Q Fowl
Jun 10, 2022
—
Joseph Rohit Chand
Joseph Rohit Chand
Intrafamily Transfer
related
—
Jan 7, 2015
—
Fowler,b W & S Q Family Trust
Fowler,billy
Quit Claim Deed
related
—
Dec 29, 2009
—
Fowler W E & T L 1990 Trust
Fowler W E & T L 1990 Trust
Quit Claim Deed
related
—
Nov 16, 2009
—
Fowler Thelma L Tr
Fowler,willis E
Affidavit Of Death
related
—
Oct 5, 2009
—
Willis E Fowler
Fowler,willis E & Thelma L
Affidavit Of Death
related
—
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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