Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Office Spaces
8035 Madison Ave Ste B Citrus Heights, CA 95610-7949
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3107823
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1983
Construction
WOOD
Total area
2,955 SF
Lot
0.22 ac (9,746 SF)
Zoning code
BP
APN
233-0043-007-0002
UPID
US10-3107823
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
-
Pristine Family Dentistry Dental Office
-
Carl Trubschenck, D.D.S. Dental Office
-
Robert Hays DDS Dental Office
-
Choose the Right Dentist Dental Office
-
DeLurgio Orthodontics - Citrus Heights Orthodontist Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$586k
Blend (final)
Blend
$515k
Owner & transaction history
Winger Holdings LLC · 7 yrs held
Winger Holdings LLC
since 2019
3 recorded transactions
Zoning & alternative use
BP · Citrus Heights, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$770,000
+49.9%
Auto repair, garage
$765,000
+48.6%
Commercial (general)
$690,000
+34.5%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$515,000
Current use
MEDICAL BUILDING
$770,000
Change: +50% · Conversion: Easy
AUTO REPAIR, GARAGE
$765,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$690,000
Change: +34% · Conversion: Easy
RETAIL STORES
$470,000
Change: -9% · Conversion: Moderate
WAREHOUSE, STORAGE
$420,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$174 / 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
$4,949
Tax year 2024
Assessed value
$410,113
Assessed 2024
Previous assessed
$410,113
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$164,045
Assessed improvement
$246,068
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
2,955 SF
Lot
0.22 ac (9,746 SF)
Zoning code
BP
APN
233-0043-007-0002
UPID
US10-3107823
Jurisdiction
SACRAMENTO
Zoning & alternative use
BP · Citrus Heights, CA
Zoning BP · permitted uses
BP · 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
OFFICE BUILDING Current
Est. value
$515,000
MEDICAL BUILDING
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$765,000
COMMERCIAL (GENERAL)
Est. value
$690,000
RETAIL STORES
Est. value
$470,000
WAREHOUSE, STORAGE
Est. value
$420,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1983
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Winger Holdings LLC
Entity
Mailing address
1957 OAK CRST DRB, ROSEVILLE, CA 95661-3209
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2019
$375,000
Winger Holdings LLC
Shahlaie Q & Keyanpour Trust
Grant Deed
related
$281,250 · Heritage Bk/commerce
Jan 18, 2018
$300,000
Shahlaie,qumarth & K P Trust
Bonde Family Trust
Grant Deed
—
Mar 10, 2005
—
Bonde Family Trust
Bonde,matthew W & Dana K
Quit Claim Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8035 Madison Ave Ste B?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
