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Property profile & analytics
FOR LEASE
Medical Office Space
6600 Madison Ave Carmichael, CA 95608
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1388020
For Lease
1 / 15
$3,010,000
6600 Madison Ave, Carmichael, CA 95608
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Property summary
AI-generated overview
6600 Madison Avenue in Carmichael, CA, offers exceptional medical office space in a Class B building totaling 18,042 square feet. This multi-tenant property is ideally situated to serve the surrounding residential community and enjoys convenient proximity to Dignity Health Campus. Two suites are currently available, providing flexible options for medical or dental practices, or general office use. The minimum divisible space is 638 square feet, while the maximum contiguous space available is 1,319 square feet. Currently, 1,957 square feet are vacant, presenting a significant opportunity for expansion or new tenancy. The building's location in the Carmichael submarket of Sacramento County (zip code 95608) ensures high visibility and accessibility for patients and clients. This property presents a compelling opportunity for businesses seeking a well-established presence in a thriving community. The building's convenient location and available space make it an ideal choice for medical professionals and other businesses seeking a comfortable and accessible workspace. Serious inquiries are encouraged to explore this promising investment opportunity.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1985
Construction
WOOD
Total area
18,636 SF
Lot
1.9 ac (82,764 SF)
Zoning code
BP
APN
236-0151-022-0000
UPID
US09-1388020
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
-
Hana Dental Lab Dental Office
-
Med Center: Champlin John J MD Pediatrician Physician
-
Thelen E Michael MD Physician
-
Anupam Chahal, MD Physician
-
Kalia Guneeta K DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.92M
Comparable Approach
Comparable
$4.02M
Blend (final)
Blend
$3.01M
Owner & transaction history
6600 Madison Avenue LLC · 9 yrs held
6600 Madison Avenue LLC
since 2017
3 recorded transactions
Zoning & alternative use
BP · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.0M
+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%
$3,160,000
6.5%
$2,920,000
7%
$2,710,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,850,000
Current use
OFFICE BUILDING
$4,970,000
Change: +2% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,810,000
Change: -1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,805,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,355,000
Change: -10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,890,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.01M
Range $2.71M – $3.31M · ±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
$162 / 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
$33,100
Tax year 2024
Assessed value
$2,730,786
Assessed 2024
Previous assessed
$2,730,786
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$944,396
Assessed improvement
$1,786,390
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
For Lease
Year built
1985
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
18,636 SF
Lot
1.9 ac (82,764 SF)
Zoning code
BP
APN
236-0151-022-0000
UPID
US09-1388020
Jurisdiction
SACRAMENTO
Zoning & alternative use
BP · Carmichael, CA
Zoning BP · permitted uses
BP · 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
$4.9M
OFFICE BUILDING
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.4M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
MEDICAL BUILDING Current
OFFICE 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
1985
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
1.9 ac
Current owner
From public records · entity-resolved
6600 Madison Avenue LLC
Entity
Mailing address
4765 WILDWOOD LN, SONOMA, CA 95476-6031
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2017
$2,400,000
6600 Madison Avenue LLC
K & V LLC
Grant Deed
$1,470,000 · First Community Bank
May 12, 2014
—
K & V LLC
K&t Company LLC
Grant Deed
$2,200,000 · First American Title Insurance
Jan 16, 2004
$4,015,000
K & T Co LLC
Madison Dental Center
Grant Deed
$2,600,000 · Manufacturers Life Insurance
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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