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Property profile & analytics
OFF-MARKET
Estimated value
$2,895,000
Commercial land
6649 Fair Oaks Blvd Carmichael, CA 95608-4025
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1998686
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1942
Total area
15,720 SF
Lot
0.53 ac (23,040 SF)
Zoning code
SPA
APN
272-0080-013-0000
UPID
US09-1998686
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.67M
Blend (final)
Blend
$2.90M
Owner & transaction history
County Of Sacramento · 7 yrs held
County Of Sacramento
since 2019
7 recorded transactions
Zoning & alternative use
SPA · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.2M
+14.2%
Medical building
$4.1M
+11.5%
Auto repair, garage
$4.1M
+10.5%
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
COMMERCIAL (GENERAL)
$3,670,000
Current use
OFFICE BUILDING
$4,195,000
Change: +14% · Conversion: Easy
MEDICAL BUILDING
$4,095,000
Change: +11% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,060,000
Change: +11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,055,000
Change: +10% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,280,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$2.90M
Range $2.61M – $3.18M · ±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
$184 / 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
$919
Tax year 2024
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1942
Heating
NONE
Stories
1
Total area
15,720 SF
Lot
0.53 ac (23,040 SF)
Zoning code
SPA
APN
272-0080-013-0000
UPID
US09-1998686
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
COMMERCIAL (GENERAL) Current
Est. value
$3.7M
OFFICE BUILDING
Est. value
$4.2M
MEDICAL BUILDING
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.1M
INDUSTRIAL (GENERAL)
Est. value
$3.3M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1942
Heating
NONE
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
County Of Sacramento
Entity
Mailing address
4111 BR CTR RD, SACRAMENTO, CA 95827-3811
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2019
—
County Of Sacramento
Lal Real Estate & Dev LLC
Correction Deed
related
—
Jan 25, 2019
—
County Of Sacramento
Lal Real Estate & Dev LLC
Quit Claim Deed
related
—
Aug 1, 2014
$470,000
Lal Real Estate & Dev LLC
Chapanian Family Trust
Grant Deed
—
Aug 1, 2014
—
Chapanian Family Trust
Chapanian Ronald C Trust
Quit Claim Deed
related
—
Jul 23, 2008
—
Chapanian Family Trust
Chapanian Family Trust
Quit Claim Deed
related
—
Dec 19, 2007
—
Chapanian Family Trust
Chapanian,ronald C
Affidavit Of Death
related
—
Jun 19, 2007
—
Chapanian Family Trust
Chapanian,ronald C & Pearl E
Quit Claim Deed
related
—
—
—
Lal Real Estate & Dev LLC
—
Deed Of Trust
related
$350,000 · P Robert & Karen K Packer
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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