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Property profile & analytics
FOR SALE
Retail space
7552 Greenback Ln Citrus Heights, CA 95610
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2909559
For Sale
1 / 2
$885,000
7552 Greenback Ln, Citrus Heights, CA 95610
View Listing →
Property summary
AI-generated overview
This exceptional 3,065 square foot retail building is ideally situated on a high-traffic section of Greenback Lane in Citrus Heights, California, between San Juan Avenue and Sunrise Boulevard. Built in 1994, the single-story structure sits on a generous 8,045 square foot lot and offers ample parking with 10 spaces. The entire building is currently vacant and available for lease, presenting a unique opportunity for a variety of retail businesses. The property is zoned LC - Light Commercial (APN: 243-0110-006-0000), making it suitable for a range of uses. Its prime location on a busy retail corridor ensures high visibility and accessibility for customers. The building's single-tenancy configuration provides flexibility and control for the lessee. With its convenient location, ample parking, and substantial square footage, this property represents a compelling investment opportunity for businesses seeking a strong presence in a thriving Citrus Heights market. The address is 7552 Greenback Ln, Citrus Heights, CA 95610. A 3D virtual tour is available online.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1994
Construction
TILT-UP CONCRETE
Total area
3,065 SF
Lot
0.18 ac (8,045 SF)
Zoning code
LC
APN
243-0110-006-0000
UPID
US09-2909559
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
-
Greenback Glass Inc Hardware & Home Improvement Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$750k
Owner & transaction history
Vhz Investments LLC · 4 yrs held
Vhz Investments LLC
since 2022
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
LC · Citrus Heights, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$800,000
+64.5%
Auto repair, garage
$790,000
+63.2%
Commercial (general)
$715,000
+47.6%
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
$730,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
$665,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
RETAIL STORES
$485,000
Current use
MEDICAL BUILDING
$800,000
Change: +65% · Conversion: Difficult
AUTO REPAIR, GARAGE
$790,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$715,000
Change: +48% · Conversion: Easy
OFFICE BUILDING
$530,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $850k (May 24 2022)
Last sale anchor
$850k
May 24 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
$245 / 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
$10,630
Tax year 2024
Assessed value
$884,340
Assessed 2024
Previous assessed
$884,340
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$124,848
Assessed improvement
$759,492
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1994
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
3,065 SF
Lot
0.18 ac (8,045 SF)
Zoning code
LC
APN
243-0110-006-0000
UPID
US09-2909559
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
RETAIL STORES Current
Est. value
$485,000
MEDICAL BUILDING
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$790,000
COMMERCIAL (GENERAL)
Est. value
$715,000
OFFICE BUILDING
Est. value
$530,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1994
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Vhz Investments LLC
Entity
Mailing address
11820 DELAVAN CIR, RANCHO CORDOVA, CA 95742-8061
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2025
—
Vhz Investments LLC
—
Deed
related
$1,650,000 · Velocity Commercial Capital LLC
Jan 28, 2025
—
Vhz Investments LLC
—
Deed
related
$175,000 · Exchange Bank
May 24, 2022
$850,000
Vhz Investments LLC
Ahmad Marandi
Grant Deed
$525,000 · Rubicon Mortgage Fund LLC
Apr 12, 2006
—
Ahmad Marandi
Ghoddousi,ahad
Grant Deed
—
Dec 28, 2004
$675,000
Ahmad Marandi
Firouzabadi M S Trust
Grant Deed
related
$472,500 · Community Commerce Bank
Dec 1, 2004
—
Firouzabadi M S 1996 Trust
Firouzabadi,maryam S
Quit Claim Deed
related
—
May 6, 2002
—
Firouzabadi Trust
Maryam Firouzabadi Trustee
Quit Claim Deed
related
—
Sep 30, 1991
$78,000
Mary Firouzabadi
Bertram Capital
Grant Deed
—
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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