Back to Search
Property profile & analytics
FOR LEASE
Investment properties
706 56Th St Sacramento, CA 95819
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0689583
For Lease
1 / 4
$3,375,000
706 56Th St, Sacramento, CA 95819
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1958
Construction
TILT-UP CONCRETE
Total area
18,039 SF
Lot
0.77 ac (33,715 SF)
Zoning code
C-2
APN
004-0342-020-0000
UPID
US09-0689583
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
-
Farmers Insurance - Asher Styrsky Insurance Agency
-
Knotts Pharmacy Pharmacy
-
CMT Sports Wellness Alternative Medicine Practice Spa & Massage Center
-
Article Consignment Boutique Discount Store (Bike/Boat/Book/etc) Store
-
The Lash Addict - Custom Lash Extension and Lash Lift Experts Sacramento Ca Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.83M
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$3.38M
Owner & transaction history
East Sac Village LLC · 5 yrs held
East Sac Village LLC
since 2021
Last sale
$500
6 recorded transactions
Zoning & alternative use
C-2 · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.3M
+25.3%
Auto repair, garage
$4.6M
+8.2%
Medical building
$4.6M
+7.7%
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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento 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%
$4,150,000
6.5%
$3,830,000
7%
$3,555,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,265,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,345,000
Change: +25% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,615,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$4,595,000
Change: +8% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,955,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$3.38M
Range $3.04M – $3.71M · ±10% · vs last sale $500 (May 20 2021)
Last sale anchor
$500
May 20 2021
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
$187 / 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
$82,926
Tax year 2024
Assessed value
$7,013,196
Assessed 2024
Previous assessed
$7,013,196
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$988,401
Assessed improvement
$6,024,795
Applied tax rate
3.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
3
Total area
18,039 SF
Lot
0.77 ac (33,715 SF)
Zoning code
C-2
APN
004-0342-020-0000
UPID
US09-0689583
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2 · Sacramento, CA
Zoning C-2 · permitted uses
C-2 · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.6M
INDUSTRIAL (GENERAL)
Est. value
$4.0M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Buildings
2
Lot
0.77 ac
Current owner
From public records · entity-resolved
East Sac Village LLC
Entity
Mailing address
PO BOX 293870, SACRAMENTO, CA 95829-3870
Ownership since
2021
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
May 20, 2021
$500
East Sac Village LLC
Javad Rahimian
Grant Deed
$4,000,000 · Central Valley Community Bank
Mar 1, 2017
$1,806,500
Rahimian,j & S Family Trust
Entezari,hossein A
Grant Deed
—
Jan 31, 2017
—
Hossein A Entezari
Entezari,genevieve S
Quit Claim Deed
related
—
May 28, 2013
—
Entezari & Koshfam
Entezari & Koshfam
Grant Deed
related
$3,225,000 · Farmers & Merchants Bank Of Central
Apr 12, 2002
—
Entezari
J C Development Co LLC
Grant Deed
$1,815,000 · Sonoma National Bank
—
—
Entezari
—
Deed Of Trust
related
$3,000,000 · Umpqua Bank
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.
