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Property profile & analytics
OFF-MARKET
Estimated value
$2,390,000
Retail space
6716 Madison Ave Fair Oaks, CA 95628-3151
Entity Owned
8-yr Hold
Free & Clear
Property ID
US09-1101526
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1981
Construction
WOOD
Total area
20,926 SF
Lot
2.07 ac (90,169 SF)
Zoning code
LC
APN
239-0070-046-0000
UPID
US09-1101526
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
-
Madison Village Pharmacy Pharmacy
-
Wiemer Jr Robert A MD Physician
-
Lickity Split Yogurt Cafe & Coffee Shop Take-out & Catering
-
Cigarettes Plus (Bike/Boat/Book/etc) Store
-
Corner Chiropractic Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.21M
Blend (final)
Blend
$2.39M
Owner & transaction history
Emerick Properties LLC · 8 yrs held
Emerick Properties LLC
since 2018
6 recorded transactions
Zoning & alternative use
LC · Fair Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fair Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Oaks 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
RETAIL STORES
$3,945,000
Current use
Blend value · Realmo final
$2.39M
Range $2.15M – $2.63M · ±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
$114 / 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
$37,984
Tax year 2024
Assessed value
$3,130,000
Assessed 2024
Previous assessed
$3,130,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$990,000
Assessed improvement
$2,140,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
20,926 SF
Lot
2.07 ac (90,169 SF)
Zoning code
LC
APN
239-0070-046-0000
UPID
US09-1101526
Jurisdiction
SACRAMENTO
Zoning & alternative use
LC · Fair Oaks, CA
Zoning LC · permitted uses
LC · Fair Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fair Oaks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.9M
RETAIL STORES Current
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
1981
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
2.07 ac
Current owner
From public records · entity-resolved
Emerick Properties LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 750, NIPOMO, CA 93444-0750
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2018
—
Emerick Properties LLC
Emerick,roger D & Rebecca
Quit Claim Deed
related
—
Jul 13, 2001
$2,800,000
Roger D Emerick
Charco Ventures LP
Grant Deed
—
Feb 23, 2001
—
Charco Ventures LP
Carriage Investments 11 LLC
Quit Claim Deed
related
—
Jun 2, 2000
—
Carriage Investments II LLC
—
Deed Of Trust
related
$1,573,000 · Wells Fargo Bank
Mar 6, 1998
$2,310,000
Stanton M Charney Family LP
Lott Trust
Grant Deed
—
—
—
Bernard S J Lynn
—
Deed Of Trust
related
$1,625,000 · San Francisco FCU
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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