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Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Medical Office Space
781 Sterling Pkwy Lincoln, CA 95648-7320
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-9164244
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Construction
WOOD
Total area
5,054 SF
Lot
0.54 ac (23,453 SF)
APN
330-190-009-000
UPID
US09-9164244
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
-
Parkway Dental Group Dental Office
-
Parkway Dental Group: Tran Ricky V DDS Dental Office
-
Ensminger Aletha S DDS Dental Office
-
Parkway Dental Group: Berry Dana E DDS Dental Office
-
Douglas Shane M DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.26M
CAP Approach
CAP
$1.56M
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$2.19M
Owner & transaction history
Robert T Lucas · 4 yrs held
Robert T Lucas
since 2022
Last sale
$2.8M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+69.5%
Office building
$1.5M
+26.0%
Commercial (general)
$1.4M
+22.6%
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 Lincoln submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln 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
$2,150,000
ML approach
$2,255,000
CAP Approach
CAP Return
Estimation
6%
$1,685,000
6.5%
$1,555,000
7%
$1,445,000
Alternative Use
Use
Estimation
RESTAURANT
$1,970,000
Change: +70% · Conversion: Difficult
OFFICE BUILDING
$1,465,000
Change: +26% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,425,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,360,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±10% · vs last sale $2.78M (Jun 27 2022)
Last sale anchor
$2.78M
Jun 27 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
$433 / 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
$31,376
Tax year 2024
Assessed value
$2,887,110
Assessed 2024
Previous assessed
$2,887,110
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$395,352
Assessed improvement
$2,491,758
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Total area
5,054 SF
Lot
0.54 ac (23,453 SF)
APN
330-190-009-000
UPID
US09-9164244
Jurisdiction
PLACER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2006
Construction
WOOD
Heating
NONE
Lot
0.54 ac
Current owner
From public records · entity-resolved
Robert T Lucas
Individual
Mailing address
2005 BROADWAY ST, SAN FRANCISCO, CA 94115-1537
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2022
$2,775,000
Robert T Lucas
Lincoln Covenant Group LP
Grant Deed
—
Dec 21, 2016
—
California Oaks Group LLC
—
Deed
related
$1,140,000 · Bellco Cu
Oct 27, 2005
—
California Oaks Group LLC
—
Trustees Deed
related
$1,655,000 · Pff Bank & Trust
Jul 25, 2005
$588,050
California Oaks Group LLC
Sterling & Lincoln Parkway Inv
Grant Deed
$355,000 · Pff Bank & Trust
—
—
California Oaks Group LLC
—
Deed Of Trust
related
$1,140,000 · Bellco Cu
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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