New search
Property profile & analytics
FOR SALE
Industrial land
6830 28Th St North Highlands, CA 95660
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2586568
For Sale
1 / 4
$2,400,000
6830 28Th St, North Highlands, CA 95660
View Listing →
Property summary
AI-generated overview
This exceptional 9.14-acre commercial land parcel in North Highlands, California, presents a significant investment opportunity. Located at 6830 28th Street, Sacramento County (APN 208-0101-001), the property boasts approximately 601 feet of street frontage along Elkhorn Boulevard. Currently zoned SPA - McClellan North, the raw land offers considerable potential for various industrial uses, including automobile and truck-related businesses, commercial ventures, industrial yards, manufacturing and fabrication facilities, storage and warehousing operations, and service industries. Detailed zoning information is available. The site lacks curb, gutter, and sidewalk infrastructure
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Total area
1,292 SF
Lot
9.14 ac (398,138 SF)
Zoning code
SPA
APN
208-0101-001-0000
UPID
US09-2586568
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
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$454k
Blend (final)
Blend
$710k
Owner & transaction history
Mmjj Capital LLC · 1 yrs held
Mmjj Capital LLC
since 2024
Last sale
$710,000
7 recorded transactions
Zoning & alternative use
SPA · North Highlands, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$945,000
+250.5%
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 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
$710,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$945,000
Change: +250% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $710k (Oct 25 2024)
Last sale anchor
$710k
Oct 25 2024
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
$550 / 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
$15,283
Tax year 2024
Assessed value
$1,327,466
Assessed 2024
Previous assessed
$1,327,466
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,327,466
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
For Sale
Heating
NONE
Stories
1
Rooms
6
Bathrooms
1
Total area
1,292 SF
Lot
9.14 ac (398,138 SF)
Zoning code
SPA
APN
208-0101-001-0000
UPID
US09-2586568
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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$945,000
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
NONE
Stories
1
Rooms
6
Bathrooms
1
Lot
9.14 ac
Current owner
From public records · entity-resolved
Mmjj Capital LLC
Entity
Free & Clear · 1 yrs held
Mailing address
200 S HARDING BLVD, ROSEVILLE, CA 95678-3332
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2025
—
Mmjj Capital LLC
—
Deed
related
$1,000,000 · Mark Mullaney
Oct 25, 2024
—
Mmjj Capital LLC
Jeremy Jaeger
Quit Claim Deed
related
—
Aug 12, 2024
$725,000
Jeremy Jaeger
Marques Jaeger Equipment Company
Quit Claim Deed
related
—
Apr 10, 2018
$710,000
Marques Jaeger Equipment Co
Kludjian Dickron H Trust
Grant Deed
—
May 5, 2009
—
Slap Alice K 2009 Trust
Slap,alice K & Edward E
Quit Claim Deed
related
—
Jul 10, 2007
—
Kludjian Dickron H Trust
Kludjian,dickron H
Quit Claim Deed
related
—
Jun 29, 2007
—
Dickron H Kludjian
Kludjian,dick
Quit Claim Deed
related
—
Jun 29, 2007
$310,000
Dickron H Kludjian
Kludjian,armen L
Grant Deed
related
—
Dec 14, 2004
$17,500
Dickron H Kludjian
Emig,james
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
