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Property profile & analytics
FOR LEASE
Retail space
640 Carol Dr Galt, CA 95632
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3232488
For Lease
1 / 2
$1,110,000
640 Carol Dr, Galt, CA 95632
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
WOOD
Total area
5,587 SF
Lot
0.44 ac (19,162 SF)
Zoning code
HC
APN
150-0042-092-0000
UPID
US09-3232488
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
-
Pizza Guys Restaurant
-
Lemon Light Photography Service (Bike/Boat/Book/etc) Store
-
Galt Mini Mart & Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
GALT KIOSK - Golden 1 Credit Union ATM Atm
-
Best Choice Garage Door Services Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.11M
Owner & transaction history
Hembuzz INC · 20 yrs held
Hembuzz INC
since 2005
4 recorded transactions
Zoning & alternative use
HC · Galt, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.6M
+51.9%
Medical building
$1.5M
+38.1%
Auto repair, garage
$1.4M
+36.9%
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 Galt submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Galt 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%
$1,210,000
6.5%
$1,120,000
7%
$1,040,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,055,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,600,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$1,455,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,445,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,305,000
Change: +24% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,165,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±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
$199 / 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
$13,654
Tax year 2024
Assessed value
$1,216,432
Assessed 2024
Previous assessed
$1,216,432
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$314,302
Assessed improvement
$902,130
Applied tax rate
5.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2007
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
5,587 SF
Lot
0.44 ac (19,162 SF)
Zoning code
HC
APN
150-0042-092-0000
UPID
US09-3232488
Jurisdiction
SACRAMENTO
Zoning & alternative use
HC · Galt, CA
Zoning HC · permitted uses
HC · Galt, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Galt. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (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
2007
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Hembuzz INC
Entity
Mailing address
2731 CITRUS RD STE A, RANCHO CORDOVA, CA 95742-6303
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2005
—
Hembuzz INC
Kalantari Family Trust
Grant Deed
$1,000,000 · American River Bank
Oct 13, 2004
$230,000
Kalantari Family Trust
Shahosaini,alireza
Grant Deed
—
Mar 29, 2004
$115,000
Alireza Shahosaini
Gora,anthony N Est
Grant Deed
—
—
—
Hembuzz INC
—
Deed Of Trust
related
$2,153,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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