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Property profile & analytics
OFF-MARKET
Estimated value
$1,790,000
Medical Office Space
6440 Fair Oaks Blvd Carmichael, CA 95608-4019
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0093497
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Construction
WOOD
Total area
5,080 SF
Lot
0.33 ac (14,375 SF)
Zoning code
SPA
APN
273-0131-037-0000
UPID
US09-0093497
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
-
Marconi Dental Group Dental Office
-
Dr. Ashkan Alizadeh Dental Office
-
Behdad Javdan Dental Office
-
Dr. Maryam Saleh Dental Office
-
Dr. David Fischer Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.84M
Blend (final)
Blend
$1.79M
Owner & transaction history
Fair Oaks Blvd Building LLC · 6 yrs held
Fair Oaks Blvd Building LLC
since 2020
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
SPA · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+80.7%
Office building
$1.4M
+2.5%
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 Carmichael submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmichael 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,325,000
Current use
RESTAURANT
$2,390,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$1,355,000
Change: +2% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,310,000
Change: -1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,310,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,185,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.79M
Range $1.61M – $1.97M · ±10% · vs last sale $1.90M (Jul 1 2020)
Last sale anchor
$1.90M
Jul 1 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
$352 / 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
$24,029
Tax year 2024
Assessed value
$1,936,703
Assessed 2024
Previous assessed
$1,936,703
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$136,895
Assessed improvement
$1,799,808
Applied tax rate
54.0000
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
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
5,080 SF
Lot
0.33 ac (14,375 SF)
Zoning code
SPA
APN
273-0131-037-0000
UPID
US09-0093497
Jurisdiction
SACRAMENTO
Zoning & alternative use
SPA · Carmichael, CA
Zoning SPA · permitted uses
SPA · Carmichael, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carmichael. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1986
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
Fair Oaks Blvd Building LLC
Entity
Mailing address
2850 BELMONT CYN RD, BELMONT, CA 94002-1231
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2020
$1,900,000
Fair Oaks Blvd Building LLC
Alizadeh Holdings LLC
Grant Deed
$1,520,000 · Lendeavor INC
Aug 26, 2016
$695,000
Alizadeh Holdings LLC
Phen,christopher & Jennifer
Grant Deed
$2,340,000 · Live Oak Bkg
Oct 4, 2013
$520,000
Christopher Phen
Zions First Natl Bk
Grant Deed
—
Feb 26, 2013
$441,786
Zions First Natl Bk
Mortgage Lender Svcs INC
Trustees Deed
related
—
Mar 10, 2008
—
Diana L Chaves
Chaves,betty J
Affidavit Of Death
related
—
Feb 7, 2007
$1,040,000
Nam K Song
Chaves Betty J Trust
Grant Deed
$854,000 · Borrego Springs Bank
Apr 3, 2002
—
Chaves Trust
Chaves,betty J
Quit Claim Deed
related
—
Jul 7, 2000
$775,000
Batty J Chaves
Turnbull,j M & Judy D
Grant Deed
—
Dec 28, 1994
$550,000
Turnbull J M
Chun,hip F & Shan S
Grant Deed
$420,000 · Seller
Feb 4, 1987
$750,000
Hip-foo|shan Shan Liu Chun
Rck Company
Grant Deed
related
—
—
—
Nam K Song
—
Deed Of Trust
related
$698,000 · Greater Sacramento Certified
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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