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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Investment properties
7531 Madison Ave Citrus Heights, CA 95610
Individually Owned
9-yr Hold
Absentee Owner
Property ID
US09-1474908
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1963
Construction
WOOD
Total area
3,548 SF
Lot
0.23 ac (10,019 SF)
Zoning code
LC
APN
233-0242-005-0000
UPID
US09-1474908
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
-
Sherman Luo Acupuncture Medical Clinic Alternative Medicine Practice
-
Shu Guang Luo Alternative Medicine Practice Acupuncture
-
Luo's Chinese Acupuncture Medical Clinic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$795k
Blend (final)
Blend
$665k
Owner & transaction history
John Mccormack · 9 yrs held
John Mccormack
since 2016
7 recorded transactions
Zoning & alternative use
LC · Citrus Heights, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$925,000
+11.5%
Auto repair, garage
$915,000
+10.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$830,000
Current use
MEDICAL BUILDING
$925,000
Change: +11% · Conversion: Easy
AUTO REPAIR, GARAGE
$915,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$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
$6,899
Tax year 2024
Assessed value
$568,974
Assessed 2024
Previous assessed
$568,974
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$116,008
Assessed improvement
$452,966
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
10
Bathrooms
3
Total area
3,548 SF
Lot
0.23 ac (10,019 SF)
Zoning code
LC
APN
233-0242-005-0000
UPID
US09-1474908
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$830,000
MEDICAL BUILDING
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$915,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1963
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Rooms
10
Bathrooms
3
Lot
0.23 ac
Current owner
From public records · entity-resolved
John Mccormack
Individual
Mailing address
9207 AGENA CT, SACRAMENTO, CA 95826-4101
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2022
—
John Mccormack
—
Deed
related
$415,000 · Mufg Union Bank NA
Dec 29, 2016
—
John Mccormack
Mccormack,robin
Quit Claim Deed
related
—
Dec 29, 2016
$340,000
John Mccormack
Yu Lee King
Grant Deed
$323,500 · Pacific Premier Bank
Nov 29, 2005
—
King-yu Lee
Chiao,walter Q
Grant Deed
related
$250,000 · Countrywide Bank
May 16, 1990
$255,000
Lee Kingyu
Resi Care Corp
Grant Deed
$170,000 · Citibank Fsb
Jul 6, 1989
$26,500
Evelyne S Janet
Lubecki John
Grant Deed
related
$15,500 · Lubecki John
—
—
John Lubecki
—
Deed Of Trust
related
$60,000 · Wells Fargo Bank
—
—
King-yu Lee
—
Deed Of Trust
related
$176,000 · Capital City Mortgage Corp
—
—
King-yu Lee
—
Deed Of Trust
related
$130,250 · Countrywide Home Loans INC
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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