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Property profile & analytics
FOR LEASE
Medical Office Space
6409 Folsom Blvd Sacramento, CA 95819
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1830590
For Lease
1 / 4
$2,015,000
6409 Folsom Blvd, Sacramento, CA 95819
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Construction
WOOD
Total area
7,190 SF
Lot
0.17 ac (7,500 SF)
Zoning code
RMX-TO-SPD
APN
008-0382-007-0000
UPID
US09-1830590
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
-
Alvarado Veronica DDS Dental Office
-
Children's Smile Dental Dental Office
-
Royal Dental Group Dental Office
-
Dr. Ayman Ghobashy Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.58M
CAP Approach
CAP
$1.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.02M
Owner & transaction history
Ghobashy Real Properties LLC · 4 yrs held
Ghobashy Real Properties LLC
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
RMX-TO-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.3M
+23.2%
Apartment house (5+ units)
$2.1M
+16.4%
Auto repair, garage
$1.8M
+0.5%
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
$2,545,000
ML approach
$2,580,000
CAP Approach
CAP Return
Estimation
6%
$1,845,000
6.5%
$1,705,000
7%
$1,580,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,830,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,255,000
Change: +23% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,130,000
Change: +16% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,840,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,700,000
Change: -7% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,575,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$2.02M
Range $1.81M – $2.22M · ±10% · vs last sale $2.04M (Aug 2 2021)
Last sale anchor
$2.04M
Aug 2 2021
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
$280 / 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
$13,103
Tax year 2024
Assessed value
$1,103,864
Assessed 2024
Previous assessed
$1,103,864
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$507,715
Assessed improvement
$596,149
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1986
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
7,190 SF
Lot
0.17 ac (7,500 SF)
Zoning code
RMX-TO-SPD
APN
008-0382-007-0000
UPID
US09-1830590
Jurisdiction
SACRAMENTO
Zoning & alternative use
RMX-TO-SPD · Sacramento, CA
Zoning RMX-TO-SPD · permitted uses
RMX-TO-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
MEDICAL BUILDING Current
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1986
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Ghobashy Real Properties LLC
Entity
Mailing address
8408 GRINNELL WAY, SACRAMENTO, CA 95826-2936
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 2, 2021
$2,035,000
Ghobashy Real Properties LLC
6409 Folson LLC
Grant Deed
$1,729,750 · First Citizens Bank & Trust Co
Dec 19, 2019
$1,613,500
6409 Folsom LLC
Nhh Properties LLC
Grant Deed
$1,100,000 · Tri Counties Bank
Sep 19, 2003
$1,231,000
Nhh Properties LLC
Frank Schrader Investment Co
Grant Deed
$923,185 · California Bank & Trust
Jun 30, 2000
—
Snyder Trust
Sacramento Head Neck & Facial
Grant Deed
related
—
Aug 29, 1997
$75,000
Lawrence E Bertolucci
Sacramento Head Neck & Facial
Grant Deed
$550,000 · Stockmen's Bank
—
—
Frank Schrader Investments Co
—
Deed Of Trust
related
$491,578 · Tehama Bank
—
—
Nhh Properties LLC
—
Deed Of Trust
related
$252,000 · California Bank & Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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