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Property profile & analytics
OFF-MARKET
Estimated value
$8,180,000
Individual retail properties
7342 Greenback Ln Citrus Heights, CA 95621-5531
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0828458
Property profile
Verified
Property type
Individual retail properties
Use group
APPLIANCE STORE
Year built
2002
Construction
TILT-UP CONCRETE
Total area
33,634 SF
Lot
3.44 ac (149,846 SF)
Zoning code
SC
APN
243-0380-005-0000
UPID
US09-0828458
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
-
Citrus Heights Sign Company | Custom Business Signs (Bike/Boat/Book/etc) Store Printing Service
-
Amazon Locker - Perception Postal Service Courier Service
-
Ross Dress for Less Clothing Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.09M
CAP Approach
CAP
$6.74M
Comparable Approach
Comparable
$7.76M
Blend (final)
Blend
$8.18M
Owner & transaction history
7342 Greenback Lane LLC · 4 yrs held
7342 Greenback Lane LLC
since 2022
Last sale
$8.4M
7 recorded transactions
Zoning & alternative use
SC · Citrus Heights, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.8M
+53.5%
Auto repair, garage
$8.7M
+52.2%
Apartment house (5+ units)
$8.1M
+41.6%
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
$8,250,000
ML approach
$8,090,000
CAP Approach
CAP Return
Estimation
6%
$7,300,000
6.5%
$6,735,000
7%
$6,255,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,705,000
Current use
MEDICAL BUILDING
$8,755,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,685,000
Change: +52% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,075,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,855,000
Change: +38% · Conversion: Easy
INDUSTRIAL (GENERAL)
$7,015,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$8.18M
Range $7.36M – $9.00M · ±10% · vs last sale $8.40M (May 12 2022)
Last sale anchor
$8.40M
May 12 2022
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
$243 / 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
$105,247
Tax year 2024
Assessed value
$8,739,360
Assessed 2024
Previous assessed
$8,739,360
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$2,496,960
Assessed improvement
$6,242,400
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
Individual retail properties
Use group
APPLIANCE STORE
Status
Off-Market
Year built
2002
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
33,634 SF
Lot
3.44 ac (149,846 SF)
Zoning code
SC
APN
243-0380-005-0000
UPID
US09-0828458
Jurisdiction
SACRAMENTO
Zoning & alternative use
SC · Citrus Heights, CA
Zoning SC · permitted uses
SC · 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
RETAIL STORES Current
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$8.8M
AUTO REPAIR, GARAGE
Est. value
$8.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$7.9M
INDUSTRIAL (GENERAL)
Est. value
$7.0M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2002
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
3.44 ac
Current owner
From public records · entity-resolved
7342 Greenback Lane LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1790 CORAL WAY FL #3, MIAMI, FL 33145-2771
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jul 20, 2022
—
7342 Greenback Lane LLC
—
Deed
related
$79,800,000 · Bank Of America NA
May 12, 2022
$8,400,000
7342 Greenback Lane LLC
Fit Development LP
Grant Deed
—
Jan 4, 2017
—
Fit Dev LP
7342 Greenback Lane
Grant Deed
—
Apr 16, 2008
—
7342 Greenback Lane LLC
Fremont Lakeview LLC
Grant Deed
—
Mar 2, 2007
—
Fremont Lakeview LLC
Massie
Grant Deed
$5,350,000 · Ixis Real Estate Capital INC
Dec 19, 2002
$270,500
Greenback San Juan LLC
Massie & Co
Grant Deed
—
Aug 14, 2001
—
Massie & Co
—
Trustees Deed
related
$4,100,000 · Wells Fargo Bank
Jun 29, 2001
—
Masio & Co
Kaufman LP
Grant Deed
$640,500 · Kaufman LP
Mar 4, 1994
—
LP Kaufman
Kaufman Associat
Quit Claim Deed
related
—
—
—
Assoc Kaufman
—
Deed Of Trust
related
$400,000 · Bank Of America
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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