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Property profile & analytics
OFF-MARKET
Estimated value
$18,330,000
Office buildings
6501 Sylvan Rd Citrus Heights, CA 95610-5017
Entity Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2314616
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
TILT-UP CONCRETE
Total area
81,109 SF
Lot
8 ac (348,480 SF)
Zoning code
SPA
APN
243-0010-045-0000
UPID
US10-2314616
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
-
US Small Business Administration Corporate Office
-
SCORE Business Management Consultant Business Development Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.82M
Comparable Approach
Comparable
$18.00M
Blend (final)
Blend
$18.33M
Owner & transaction history
Box 509 Rfd LLC · 21 yrs held
Box 509 Rfd LLC
since 2004
2 recorded transactions
Zoning & alternative use
SPA · Citrus Heights, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$21.1M
+49.9%
Auto repair, garage
$20.9M
+48.6%
Apartment house (5+ units)
$19.5M
+38.2%
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 Citrus Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Citrus Heights 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%
$22,550,000
6.5%
$20,815,000
7%
$19,330,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,090,000
Current use
MEDICAL BUILDING
$21,115,000
Change: +50% · Conversion: Easy
AUTO REPAIR, GARAGE
$20,940,000
Change: +49% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$19,475,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$18,945,000
Change: +34% · Conversion: Easy
INDUSTRIAL (GENERAL)
$16,920,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$18.33M
Range $16.50M – $20.16M · ±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
$226 / 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
$178,007
Tax year 2024
Assessed value
$14,500,255
Assessed 2024
Previous assessed
$14,500,255
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,536,808
Assessed improvement
$12,963,447
Applied tax rate
6.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
81,109 SF
Lot
8 ac (348,480 SF)
Zoning code
SPA
APN
243-0010-045-0000
UPID
US10-2314616
Jurisdiction
SACRAMENTO
Zoning & alternative use
SPA · Citrus Heights, CA
Zoning SPA · permitted uses
SPA · Citrus Heights, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Citrus Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$14.1M
MEDICAL BUILDING
Est. value
$21.1M
AUTO REPAIR, GARAGE
Est. value
$20.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$19.5M
COMMERCIAL (GENERAL)
Est. value
$18.9M
INDUSTRIAL (GENERAL)
Est. value
$16.9M
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
8 ac
Current owner
From public records · entity-resolved
Box 509 Rfd LLC
Entity
Free & Clear · 21 yrs held
Mailing address
1520 E COVELL BLVDB5-36, DAVIS, CA 95616-1366
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2004
—
Box 509 Rfd LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Box 509 Rfd LLC
—
Deed Of Trust
related
$7,491,000 · Wells Fargo Bank
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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