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Property profile & analytics
OFF-MARKET
Turn key restaurants
7992 California Ave Fair Oaks, CA 95628-7140
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-3310510
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1970
Construction
WOOD
Total area
3,873 SF
Lot
0.76 ac (33,320 SF)
Zoning code
SPA
APN
244-0202-035-0000
UPID
US09-3310510
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
-
Slocum House Restaurant
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
Jj Reed LLC · 2 yrs held
Jj Reed LLC
since 2023
7 recorded transactions
Zoning & alternative use
SPA · Fair Oaks, 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 Fair Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Oaks 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
$5,927
Tax year 2024
Assessed value
$473,275
Assessed 2024
Previous assessed
$473,275
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$356,148
Assessed improvement
$117,127
Applied tax rate
54.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
3,873 SF
Lot
0.76 ac (33,320 SF)
Zoning code
SPA
APN
244-0202-035-0000
UPID
US09-3310510
Jurisdiction
SACRAMENTO
Zoning & alternative use
SPA · Fair Oaks, CA
Zoning SPA · permitted uses
SPA · Fair Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fair Oaks. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Jj Reed LLC
Entity
Free & Clear · 2 yrs held
Mailing address
8475 PO BOX 2888TH WAY, FAIR OAKS, CA 95628-9405
Ownership since
2023
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
Sep 12, 2023
—
Jj Reed LLC
7992 California LLC
Grant Deed
—
Sep 8, 2023
—
Jj Reed LLC
7992 California LLC
Grant Deed
—
Jan 31, 2020
—
7992 California LLC
—
Deed
related
$600,000 · Tri Counties Bank
Nov 27, 2017
$475,000
7992 California LLC
Cook Wayne A 1998 Trust
Grant Deed
$465,000 · Cook Wayne A 1998 Tr (pt)
Oct 16, 2015
$640,000
Cook,wayne A Family 1998 Trust
Pinnacle Universal Group INC
Deed In Lieu Of Foreclosure
related
—
Aug 26, 2013
$720,000
Pinnacle Universal Group INC
Bansemer K A & P A 1981 Trust
Grant Deed
—
—
—
7992 California LLC
—
Deed Of Trust
related
$600,000 · Tri Counties Bank
—
—
Pinnacle Universal Group INC
—
Deed Of Trust
related
$650,000 · Cook W A Family 1998 Trust (pt
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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