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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Specialty properties
7615 Sheldon Rd, Elk Grove, CA 95758-9578
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1946350
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1979
Construction
WOOD
Total area
3,341 SF
Lot
0.93 ac (40,604 SF)
Zoning code
R-1A
APN
117-0212-019-0000
UPID
US10-1946350
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
-
Hatton Veterinary Hospital: Gelderman Kelley DVM Veterinary Clinic
-
Dr. Gloria Ku Veterinary Clinic
-
Hatton Veterinary Hospital Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
James Grant Watkins · 5 yrs held
James Grant Watkins
since 2021
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
R-1A · Elk Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$720,000
+57.8%
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 Elk Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elk Grove 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
$1,250,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$720,000
Change: +58% · Conversion: Difficult
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10% · vs last sale $1.05M (Mar 24 2021)
Last sale anchor
$1.05M
Mar 24 2021
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
$344 / 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
$15,535
Tax year 2024
Assessed value
$1,325,625
Assessed 2024
Previous assessed
$1,325,625
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$669,125
Assessed improvement
$656,500
Applied tax rate
3.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
6
Bathrooms
2
Total area
3,341 SF
Lot
0.93 ac (40,604 SF)
Zoning code
R-1A
APN
117-0212-019-0000
UPID
US10-1946350
Jurisdiction
SACRAMENTO
Zoning & alternative use
R-1A · Elk Grove, CA
Zoning R-1A · permitted uses
R-1A · Elk Grove, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elk Grove. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$720,000
COMMERCIAL (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
1979
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Bathrooms
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
James Grant Watkins
Individual
Mailing address
1112 MARCUM RD, NICOLAUS, CA 95659-9751
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Mar 24, 2021
—
James Grant Watkins
Laura Takata Watkins
Intrafamily Transfer
related
—
Jul 31, 2008
$1,050,000
James G Watkins
Hatton P L JR & E H Trust
Grant Deed
$892,709 · Hatton Peter L JR & E Trust
Jul 12, 2007
—
Hatton Peter L JR & E Trust
Hatton,peter L & Elizabeth J
Quit Claim Deed
related
—
Sep 19, 1991
$182,500
Peter L J Hatton
Long,john R
Grant Deed
—
Jan 26, 1990
$160,500
Long Mel & Flaur
Parnell Peter B
Trustees Deed
$110,500 · Bank Of America
Jan 26, 1990
—
Parnell Peter B
Veterans Affairs
Trustees Deed
related
—
—
—
Peter L Hatton JR.
—
Deed Of Trust
related
$466,500 · Truckee River Bank
—
—
Laura T Watkins
—
Deed Of Trust
related
$674,000 · Bank Of The West
—
—
Peter L Hatton
—
Deed Of Trust
related
$441,215 · Us Bank
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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