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    640 Carol Dr Galt, CA 95632
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    Property profile & analytics

    640 Carol Dr, Galt, CA 95632

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    • Retail space
    • 5,587 SF
    • 0.44 lot acres
    For Lease
    $2 SF/Yr
    View Listing →
    Retail Space in Galt, CA For Lease
    $2 SF/Yr
    1,080 SF

    Retail Space in Galt, CA

    Freestanding retail building with flexible layout and freeway visibility.

    640 Carol Dr, Galt, CA
    View Listing
    Property ID
    US09-3232488
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 640 Carol Dr

    Year built
    2007
    Construction
    WOOD
    Lot size
    0.44 lot acres
    Zone code
    HC
    Property type
    Retail space
    APN
    150-0042-092-0000
    APU
    15000420920000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 21, 2005 — Hembuzz INC Kalantari Family Trust Grant Deed $1M · 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 $2.2M · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,210,000
      6.5%
      $1,120,000
      7%
      $1,040,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,453,000
      Market price range: $576k - $1.61M
      AI Estimate
      $758,000
      Market price range: $251k - $794k

    • 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

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Galt
    County
    Sacramento
    State
    California
    Longitude
    -121.301
    Latitude
    38.2689
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,654
    $314,302
    $902,130
    $1,216,432
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,010,000
      5,864 SF

      10370 Twin Cities Rd

      RETAIL STORES (PERSONAL SERVICES)
      10370 Twin Cities Rd, Galt, CA 95632-9043
      View Details
    • Value Estimation
      $1,720,000
      8,720 SF

      10530 Twin Cities Rd

      RETAIL STORES (PERSONAL SERVICES)
      10530 Twin Cities Rd, Galt, CA 95632-9004
      View Details
    • Value Estimation
      $675,000
      5,760 SF

      665 C St

      RETAIL STORES (PERSONAL SERVICES)
      665 C St, Galt, CA 95632-1928
      View Details
    • Value Estimation
      $2,325,000
      16,516 SF

      1000 C St

      RETAIL STORES (PERSONAL SERVICES)
      1000 C St, Galt, CA 95632-1751
      View Details
    • Value Estimation by Request
      3,840 SF

      218 Lincoln Way

      RETAIL STORES (PERSONAL SERVICES)
      218 Lincoln Way, Galt, CA 95632-1712
      View Details
    • Value Estimation by Request

      Twin Cities Rd & Carillion Blvd

      Individual retail properties
      0 Twin Cities Rd & Carillion Blvd, Galt, CA 95632
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,324 SF

      Freestanding Retail Building in Galt

      2,324 SF retail building in anchored shopping center.
      10344 Twin Cities Rd, Galt, CA 95632
      View Details
    • Contact for pricing

      Prime Commercial Development Opportunity

      15.63-acre commercial land in Galt, CA, ideal for retail.
      Walnut Ave, Galt, CA 95632
      View Details
    • Contact for pricing

      Industrial Land For Sale

      95 acres of industrial land, near Sacramento and Bay Area.
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      Established Chardonnay Vineyard For Sale

      Producing 50-acre Chardonnay vineyard with high-quality, well-drained soils.
      10698 Barber Rd, Galt, CA 95632
      View Details
    • $1,999,000

      Galt Land Parcel For Sale

      Land parcel available in Galt, California.
      14141 Prouty Rd, Galt, CA 95632
      View Details
    • Contact for pricing

      Land Available For Sale

      Land owned by the Roman Catholic Diocese of Sacramento.
      10041 Twin Cities Rd, Galt, CA 95632
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,080 SF

      Retail Space in Galt, CA

      Freestanding retail building with flexible layout and freeway visibility.
      640 Carol Dr, Galt, CA 95632
      View Details
    • Contact for pricing

      Former Rite Aid with Drive-Thru

      Former Rite Aid with drive-thru in high-growth Galt area.
      10570 Twin Cities Rd, Galt, CA 95632
      View Details
    • Contact for pricing

      Industrial Land with Secured Yard

      Light industrial property with excellent highway access and secured yard.
      609 Amador Ave, Galt, CA 95632
      View Details
    View Listing
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    Galt, CA 95632
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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