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    6720 Fair Oaks Blvd Carmichael, CA 95608-3826
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    Property profile & analytics

    6720 Fair Oaks Blvd, Carmichael, CA 95608-3826

    View on Map
    • Office buildings
    • 9,468 SF
    • 0.68 lot acres
    Off-Market
    Property ID
    US10-3174965
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,125,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Garmar Personnel Agency Inc / Employment Agency
    • S F Johnson Consulting & Construction Services / Corporate Office
    • Amari Hospice Care / Nursing Home
    • Virgil White / Tech Support Center / (Bike/Boat/Book/etc) Store
    • Esthetics Advanced / Spa & Massage Center / Skin Care Clinic

    Property Details for 6720 Fair Oaks Blvd

    Year built
    1979
    Construction
    WOOD
    Lot size
    0.68 lot acres
    Zone code
    SPA
    Property type
    Office buildings
    APN
    273-0330-024-0000
    APU
    27303300240000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 31, 2017 — Ecp Of Tpb1 LLC Conrad,ethan Quit Claim Deed · related $3.3M · Western Alliance Bk
    Apr 11, 2014 $800,000 Ethan Conrad Townsend D & Usher S Trust Grant Deed —
    Jul 15, 2004 — Townsend-usher,tr Cerini & Smith-hurley LLC Deed Of Trust · related $1.5M · Placer Sierra Bank
    Apr 17, 2003 — Cerini & Smith-huley LLC — Deed Of Trust · related $1.3M · Washington Mutual Fsb
    Feb 10, 2003 — Cerini & Smith-hurley LLC Anthony,l Tr Grant Deed · related —
    Dec 6, 1982 $1,172,500 Gerald G Swanson Professional Carmichael Grant Deed · related $260k
    — — Anthony L Cardoso — Deed Of Trust · related $650k · Standard Insurance Co

    Description

    This exceptional investment opportunity presents four Art Deco-styled office buildings totaling 9,485 square feet, situated on Fair Oaks Boulevard in Carmichael, CA (95608). The property boasts a desirable location with excellent visibility and accessibility, surrounded by a blend of residential and retail businesses, including the nearby Milagro Centre and numerous dining options. The buildings feature mature landscaping, enhancing their curb appeal. The property is zoned BP and offers multiple tenancy options, with a minimum divisible space of 400 square feet and a maximum contiguous space of 1,528 square feet. Currently, 4,440 square feet of office space is available. The buildings are two stories high, providing ample space for various business needs. Parking is readily available, with a ratio of 4 spaces per 1,000 square feet. This property is ideal for investors seeking a well-located, established office complex in a thriving community. The traditional and executive office spaces cater to a diverse range of tenants. The address is 6720 Fair Oaks Blvd, Carmichael, CA 95608.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,075,000
      Market price range: $1.08M - $3.86M
      AI Estimate
      $690,000
      Market price range: $568k - $2.50M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Carmichael
    County
    Sacramento
    State
    California
    Longitude
    -121.328
    Latitude
    38.6231
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,757
    $216,323
    $264,397
    $480,720
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,770,000
      19,360 SF

      5949 Fair Oaks Blvd

      OFFICE BUILDING
      5949 Fair Oaks Blvd, Carmichael, CA 95608-5221
      View Details
    • Value Estimation
      $625,000
      4,375 SF

      6825 Fair Oaks Blvd

      OFFICE BUILDING (MULTI-STORY)
      6825 Fair Oaks Blvd, Carmichael, CA 95608-3836
      View Details
    • Value Estimation
      $625,000
      6,624 SF

      4444 Manzanita Ave

      OFFICE BUILDING
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    • Value Estimation
      $1,235,000
      4,970 SF

      5909 Stanley Ave

      OFFICE BUILDING
      5909 Stanley Ave, Carmichael, CA 95608-3873
      View Details
    • Value Estimation
      $795,000
      4,620 SF

      6233 Fair Oaks Blvd

      OFFICE BUILDING (MULTI-STORY)
      6233 Fair Oaks Blvd, Carmichael, CA 95608-4822
      View Details
    • Value Estimation
      $645,000
      2,466 SF

      7836 Fair Oaks Blvd

      OFFICE BUILDING
      7836 Fair Oaks Blvd, Carmichael, CA 95608-2495
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,044 SF

      Carmichael Office/Retail Building For Sale

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      Freestanding Office Building For Sale

      Freestanding 2,544 SF office building suitable for professional uses.
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      9,457 SF

      Carmichael Redevelopment or Owner/User Opportunity

      Redevelopment or owner/user opportunity in Sacramento with existing income.
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    • $325,000

      Medical Office Condo For Sale

      Medical office condominium in established park, suitable for various practices.
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      35,478 SF

      Medical Office Building Near Hospital

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      1,760 SF

      Automotive Repair Facility on Fair Oaks

      1,760 SF automotive repair shop on 0.5-acre parcel.
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    Similar Nearby for Lease

    • $1.40 SF/Yr

      Carmichael Office/Medical/Dental Space Available

      Office/medical/dental space for lease in Carmichael, California.
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      View Details
    • Contact for pricing
      875 SF

      Medical Office Space for Lease

      On-campus medical office space available for lease.
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      View Details
    • Contact for pricing

      Multi-Tenant Retail/Office Property For Rent

      7,880 SF multi-tenant retail/office property on 0.42 acres.
      5925 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • Contact for pricing
      2,300 SF

      Carmichael Office Space Available

      Two-story office complex with ample parking in Carmichael, CA.
      4718 Engle Rd, Carmichael, CA 95608
      View Details
    • Contact for pricing
      2,274 SF

      Carmichael Office Space For Rent

      Office space available for lease in Carmichael, California.
      8300 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      Medical office space near American River College and Mercy Hospital.
      5800 Jameson Ct, Carmichael, CA 95608
      View Details
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    Carmichael, CA 95608-3826
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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