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Property profile & analytics
OFF-MARKET
Estimated value
$5,860,000
Retail properties & Spaces
6737 Watt Ave, North Highlands, CA 95660-3627
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1043549
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1984
Construction
TILT-UP CONCRETE
Total area
42,912 SF
Lot
3.77 ac (164,221 SF)
Zoning code
SPA
APN
208-0153-019-0000
UPID
US09-1043549
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
-
NAPA Auto Parts Auto Parts Store
-
Ross Dress for Less Clothing Store Department Store
-
Amazon Locker - Marwa Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.86M
Owner & transaction history
Long View LLC · 9 yrs held
Long View LLC
since 2016
7 recorded transactions
Zoning & alternative use
SPA · North Highlands, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$9.0M
+10.6%
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 North Highlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Highlands 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
$8,090,000
Current use
INDUSTRIAL (GENERAL)
$8,955,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$5.86M
Range $5.27M – $6.45M · ±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
$137 / 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
$84,861
Tax year 2024
Assessed value
$7,398,163
Assessed 2024
Previous assessed
$7,398,163
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$2,447,469
Assessed improvement
$4,950,694
Applied tax rate
59.0000
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
42,912 SF
Lot
3.77 ac (164,221 SF)
Zoning code
SPA
APN
208-0153-019-0000
UPID
US09-1043549
Jurisdiction
SACRAMENTO
Zoning & alternative use
SPA · North Highlands, CA
Zoning SPA · permitted uses
SPA · North Highlands, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Highlands. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$8.1M
INDUSTRIAL (GENERAL)
Est. value
$9.0M
RETAIL STORES Current
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
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
3.77 ac
Current owner
From public records · entity-resolved
Long View LLC
Entity
Mailing address
150 MIRALOMA DR, SAN FRANCISCO, CA 94127-1643
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2021
—
Long View LLC
—
Deed
related
$1,862,485 · Bank Of The West
Feb 17, 2017
—
Long View LLC
—
Grant Deed
related
$2,125,000 · Bank Of The West
Sep 13, 2016
$6,600,000
Long View LLC
Watt Elkhorn Partners LLC
Grant Deed
$880,000 · Bank Of The West
Sep 28, 2015
—
Watt Elkhorn Partners LLC
—
Trustees Deed
related
$3,425,000 · Farmers & Merchants Bk/ctrl Ca
Aug 25, 2009
—
Watt Elkhorn Partners LLC
—
Grant Deed
related
$2,752,327 · Fremont Bank
Jul 17, 2009
$950,000
Watt Elkhorn Partners LLC
Knights Landing LLC
Grant Deed
—
Feb 4, 2008
—
Alamo Group Ix LLC
Alamo Group Ix
Quit Claim Deed
related
$4,200,000 · Fremont Bank
Oct 7, 1999
$56,500
Ralphs Grocery Co
Albertsons INC
Grant Deed
—
—
—
Alamo Group Ix LLC
—
Deed Of Trust
related
$2,225,000 · Fremont Bank
—
—
Alamo Group Ix LLC
—
Deed Of Trust
related
$65,000 · Fremont Bank
—
—
Watt Elkhorn Partners LLC
—
Deed Of Trust
related
$1,200,000 · Redevelopment Agency
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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