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    706 56Th St Sacramento, CA 95819
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    Property profile & analytics

    706 56Th St, Sacramento, CA 95819

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    • Investment properties
    • 18,039 SF
    • 0.77 lot acres
    For Lease
    $3 SF/Yr
    View Listing →
    Retail Space in East Sacramento For Lease
    $3 SF/Yr
    760 SF

    Retail Space in East Sacramento

    Retail spaces with open floor plans and ample parking.

    706 56th St, Sacramento, CA
    View Listing
    Property ID
    US09-0689583
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 706 56Th St

    Year built
    1958
    Construction
    TILT-UP CONCRETE
    Lot size
    0.77 lot acres
    Zone code
    C-2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    004-0342-020-0000
    APU
    403420200000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 20, 2021 $500 East Sac Village LLC Javad Rahimian Grant Deed $4M · 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 $3.2M · Farmers & Merchants Bank Of Central
    Apr 12, 2002 — Entezari J C Development Co LLC Grant Deed $1.8M · Sonoma National Bank
    — — Entezari — Deed Of Trust · related $3M · Umpqua Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,150,000
      6.5%
      $3,830,000
      7%
      $3,555,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,590,000
      Market price range: $755k - $2.59M

    • 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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.434
    Latitude
    38.5683
    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
    $82,926
    $988,401
    $6,024,795
    $7,013,196
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      2,490 SF

      5363 H St Ste A

      STORE/OFFICE (MIXED USE)
      5363 H St Ste A, Sacramento, CA 95819-3555
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    • Value Estimation
      $2,290,000
      21,940 SF

      6800 Folsom Blvd

      STORE/OFFICE (MIXED USE)
      6800 Folsom Blvd, Sacramento, CA 95819-4662
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    • Value Estimation
      $1,600,000
      12,942 SF

      5534 Elvas Ave

      STORE/OFFICE (MIXED USE)
      5534 Elvas Ave, Sacramento, CA 95819-3023
      View Details
    • Value Estimation by Request
      1,820 SF

      6305 Folsom Blvd

      STORE/OFFICE (MIXED USE)
      6305 Folsom Blvd, Sacramento, CA 95819-4618
      View Details
    • Value Estimation by Request
      4,200 SF

      4730 J St

      STORE/OFFICE (MIXED USE)
      4730 J St, Sacramento, CA 95819-3740
      View Details

    Similar Nearby for Sale

    • $2,250,000

      Mixed-Use Development Opportunity

      Leased commercial building with fully entitled mixed-use development project.
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      Renovated Office Building For Sale

      Newly renovated office building with on-site parking and signage.
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      Sacramento Retail Building Investment Opportunity

      Prime retail building in high-traffic Sacramento area.
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      Sacramento Student Housing Land Site

      Prime campus-adjacent land site near Sacramento State University.
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      2,917 SF

      Medical/Office Space for Sale

      Window-lined exam rooms/offices with plumbing, conference room, and more.
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      16,863 SF

      East Sacramento Redevelopment Opportunity

      Rare infill site with redevelopment potential in East Sacramento.
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    Similar Nearby for Lease

    • Contact for pricing
      1,718 SF

      Retail Space Near Mercy Hospital

      Multi-tenant retail building near Mercy Hospital with flexible layouts.
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      2,500 SF

      Food Grade Processing Facility

      New construction food grade processing facility for rent.
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      12,500 SF

      Sacramento Retail Space Available

      Retail space available for rent in Sacramento, California.
      5487-5493 Carlson Dr, Sacramento, CA 95819
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      760 SF

      Retail Space in East Sacramento

      Retail spaces with open floor plans and ample parking.
      706 56Th St, Sacramento, CA 95819
      View Details
    • Contact for pricing
      1,930 SF

      Retail Space in High-Traffic Area

      7,449 SF retail space in Sacramento's premier student location.
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      East Sacramento Medical Office Space

      Medical office space for lease in East Sacramento.
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      View Details
    View Listing
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    Sacramento, CA 95819
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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.

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