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Property profile & analytics
OFF-MARKET
Office Spaces
7509 Madison Ave Ste 117 Citrus Heights, CA 95610-7466
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3044735
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1982
Construction
WOOD
Total area
1,012 SF
Zoning code
LC
APN
233-0081-016-0017
UPID
US10-3044735
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David Louie · 7 yrs held
David Louie
since 2018
7 recorded transactions
Zoning & alternative use
LC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$512
Tax year 2024
Assessed value
$41,006
Assessed 2024
Previous assessed
$41,006
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$18,452
Assessed improvement
$22,554
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
1,012 SF
Zoning code
LC
APN
233-0081-016-0017
UPID
US10-3044735
Jurisdiction
SACRAMENTO
Zoning & alternative use
LC · Citrus Heights, CA
Zoning LC · permitted uses
LC · 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.
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Current owner
From public records · entity-resolved
David Louie
Individual
Free & Clear · 7 yrs held
Mailing address
1420 E ROSEVILLE PKWY #398, ROSEVILLE, CA 95661-3078
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2018
—
David Louie
Louie,annie M
Quit Claim Deed
related
—
Nov 9, 2018
$300,000
Stix Dev INC
Louie,david
Grant Deed
$225,000 · David Louie
May 29, 2015
$165,000
David Louie
Better Life Holdings LLC
Grant Deed
$80,000 · Better Life Holdings LLC
Aug 20, 2013
$368,500
Better Life Holdings LLC
Highest & Best Use LLC
Grant Deed
$150,000 · Northern California Mortgage Fund V
Jul 13, 2012
—
Highest & Best Use LLC
Sterling Bk
Quit Claim Deed
related
—
Jul 13, 2012
$275,000
Highest & Best Use LLC
Andrew Enriques
Grant Deed
$200,000 · Ncm Fund II LLC
Jan 13, 2005
—
Shirley B Carter
Carter,john H
Affidavit Of Death
related
—
Jan 12, 2005
—
Andrew Enriques
Carter John H Trust
Grant Deed
$682,500 · Ncs Exchange Professionals
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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