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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Banks
7225 Fair Oaks Blvd Carmichael, CA 95608-6410
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2648249
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1991
Construction
WOOD
Total area
5,392 SF
Lot
0.43 ac (18,880 SF)
Zoning code
LC
APN
258-0080-023-0000
UPID
US09-2648249
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
-
Wells Fargo ATM Atm
-
Wells Fargo Bank Bank Loan Service
-
Wells Fargo Advisors Financial Advisor
-
Devona Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$565k
Owner & transaction history
Diamond Dev · 6 yrs held
Diamond Dev
since 2019
7 recorded transactions
Zoning & alternative use
LC · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$730,000
+57.9%
Commercial (general)
$725,000
+56.5%
Auto repair, garage
$635,000
+37.4%
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 Carmichael submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmichael 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$465,000
Current use
MEDICAL BUILDING
$730,000
Change: +58% · Conversion: Difficult
COMMERCIAL (GENERAL)
$725,000
Change: +56% · Conversion: Difficult
AUTO REPAIR, GARAGE
$635,000
Change: +37% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$525,000
Change: +14% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$515,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$34,561
Tax year 2024
Assessed value
$2,787,722
Assessed 2024
Previous assessed
$2,787,722
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$461,045
Assessed improvement
$2,326,677
Applied tax rate
54.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
5,392 SF
Lot
0.43 ac (18,880 SF)
Zoning code
LC
APN
258-0080-023-0000
UPID
US09-2648249
Jurisdiction
SACRAMENTO
Zoning & alternative use
LC · Carmichael, CA
Zoning LC · permitted uses
LC · Carmichael, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carmichael. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$465,000
MEDICAL BUILDING
Est. value
$730,000
COMMERCIAL (GENERAL)
Est. value
$725,000
AUTO REPAIR, GARAGE
Est. value
$635,000
INDUSTRIAL (GENERAL)
Est. value
$525,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$515,000
FINANCIAL BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1991
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Diamond Dev
Individual
Mailing address
550 S HL ST STE #1256, LOS ANGELES, CA 90013-2289
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2019
$11,000,000
Diamond Dev
99 Palms LP
Grant Deed
$6,900,000 · Ladder Cap Fin
Nov 18, 2019
—
Carmichael Investments LLC
Diamond Developers LLC
Grant Deed
related
$6,900,000 · Ladder Cap Fin
Apr 12, 2016
—
99 Palms LP
Carmichael I LLC
Grant Deed
—
Jul 17, 2014
—
Carmichael I LLC
Rea Modesto LP
Quit Claim Deed
—
Mar 25, 2014
$3,850,000
Modesto LP Rea
Tidal Basin INC
Grant Deed
—
Mar 25, 2014
$743,000
Ruffin Tech Center Ltd
Tidal Basin INC
Grant Deed
—
Mar 25, 2014
$219,500
Seazona Properties Ltd
Tidal Basin INC
Grant Deed
—
Dec 30, 2013
—
Bip LLC
Tidal Basin INC
Grant Deed
—
Nov 6, 2013
$5,125,000
Tidal Basin I INC
West Coast Liquidators INC
Grant Deed
—
—
—
Carmichael I LLC
—
Deed Of Trust
related
$6,200,000 · California Bk&tr
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
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