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Property profile & analytics
FOR LEASE
Office buildings
6939 Sunrise Blvd Citrus Heights, CA 95610
Individually Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0188304
For Lease
1 / 4
$16.68 SF/Yr
6939 Sunrise Blvd, Citrus Heights, CA 95610
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Property summary
AI-generated overview
This exceptional Tahoe Office Building in Sacramento County offers 10,871 square feet of beautifully renovated traditional office space, currently entirely vacant and ready for immediate occupancy. The building boasts a striking architectural design and enjoys excellent visibility on Sunrise Boulevard. Seven individual suites are available, ranging from a minimum of 1,050 square feet to a maximum contiguous space of 2,564 square feet, with the largest available space reaching 3,667 square feet. Secure, shaded underground parking is provided for tenants' convenience. The building features dedicated cooling (HVAC) for IT rooms in select suites, ensuring optimal performance for technology-dependent businesses. High-speed internet access and XO fiber optic data transmission are available, providing reliable connectivity. This property presents a unique opportunity, with lease rates 20% lower than comparable buildings in nearby Roseville (5-10 minutes away). The recent renovation and remodeling have resulted in a truly impressive and updated workspace. Contact us today to schedule a viewing and secure your ideal office space.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1988
Construction
WOOD
Total area
112,600 SF
Lot
2.08 ac (90,604 SF)
Zoning code
BP
APN
211-0192-099-0000
UPID
US09-0188304
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
-
Association of Certified Fraud Specialists Association / Organization
-
Caflisch Medical Group Medical Group
-
On My Own Community Services Charitable Organization Social Service Agency
-
By the Numbers Tax Preparation
-
Financial Wize Mortgage Lenders Citrus Heights CA Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.35M
Blend (final)
Blend
$11.80M
Owner & transaction history
Ethan Conrad · 16 yrs held
Ethan Conrad
since 2009
6 recorded transactions
Zoning & alternative use
BP · Citrus Heights, 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 Citrus Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Citrus Heights 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
OFFICE BUILDING
$19,560,000
Current use
Blend value · Realmo final
$11.80M
Range $10.62M – $12.97M · ±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
$105 / 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
$62,881
Tax year 2024
Assessed value
$5,220,000
Assessed 2024
Previous assessed
$5,220,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,270,000
Assessed improvement
$3,950,000
Applied tax rate
6.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1988
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Total area
112,600 SF
Lot
2.08 ac (90,604 SF)
Zoning code
BP
APN
211-0192-099-0000
UPID
US09-0188304
Jurisdiction
SACRAMENTO
Zoning & alternative use
BP · Citrus Heights, CA
Zoning BP · permitted uses
BP · Citrus Heights, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Citrus Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$19.6M
OFFICE BUILDING 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
1988
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Lot
2.08 ac
Current owner
From public records · entity-resolved
Ethan Conrad
Individual
Mailing address
1300 NATIONAL DR STE #100, SACRAMENTO, CA 95834-1981
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Apr 11, 2025
—
Ethan Conrad
—
Deed
related
$4,200,000 · Citizens Business Bank
Aug 29, 2019
—
Ethan Conrad
—
Grant Deed
related
$5,109,000 · Silvergate Bk
Jul 29, 2009
—
Ethan Conrad
Tahoe Office Building LLC
Grant Deed
$6,288,676 · Umpqua Bank
Apr 25, 2005
—
Tahoe Office Building LLC
Sundance Building LLC
Grant Deed
—
Sep 10, 1999
$4,950,000
Sundance LLC
Winncrest Homes INC
Grant Deed
$3,350,000 · Heller Financial
—
—
Ethan Conrad
—
Deed Of Trust
related
$5,109,000 · Silvergate Bk
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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