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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Retail space
820 Wales Dr Folsom, CA 95630-5546
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-2630222
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
WOOD
Total area
6,000 SF
Lot
0.54 ac (23,634 SF)
Zoning code
C-2 (PD)
APN
071-0690-022-0000
UPID
US09-2630222
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
-
Women's Health Folsom Counselor
-
optimal me Medical Clinic
-
Innovative Compounding Pharmacy Pharmacy
-
ATM Atm
-
Jeffrey Applebaum MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
$1.20M
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.31M
Owner & transaction history
Rashidi Ents LLC · 6 yrs held
Rashidi Ents LLC
since 2020
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
C-2 (PD) · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+3.4%
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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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
$1,360,000
ML approach
$1,420,000
CAP Approach
CAP Return
Estimation
6%
$1,300,000
6.5%
$1,200,000
7%
$1,115,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,935,000
Current use
OFFICE BUILDING
$2,000,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,720,000
Change: -11% · Conversion: Difficult
MEDICAL BUILDING
$1,560,000
Change: -19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,550,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±10% · vs last sale $1.28M (Jan 21 2020)
Last sale anchor
$1.28M
Jan 21 2020
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
$218 / 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
$14,895
Tax year 2024
Assessed value
$1,367,054
Assessed 2024
Previous assessed
$1,367,054
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$611,154
Assessed improvement
$755,900
Applied tax rate
4.0000
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
Off-Market
Year built
1990
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
6,000 SF
Lot
0.54 ac (23,634 SF)
Zoning code
C-2 (PD)
APN
071-0690-022-0000
UPID
US09-2630222
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2 (PD) · Folsom, CA
Zoning C-2 (PD) · permitted uses
C-2 (PD) · Folsom, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Folsom. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.9M
OFFICE BUILDING
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
1990
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
Rashidi Ents LLC
Entity
Mailing address
820 WALES DR STE #3, FOLSOM, CA 95630-5546
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2020
$1,275,000
Rashidi Ents LLC
Souza M D & J M F/tr
Grant Deed
$1,083,750 · First Citizens Bk
Jan 21, 2020
—
Owner Name Unavailable
Janet M Souza
Affidavit Of Death
related
—
Jun 21, 1999
—
Souza Trust
Souza,martin
Quit Claim Deed
related
—
Feb 28, 1991
$950,000
Exchange Se Natl
Inter Cal Real
Grant Deed
$224,200 · Seller
Dec 31, 1990
$1,000
Cal Real E Inter
Bollinger Peter
Grant Deed
related
—
—
—
Souza Martin D
—
Deed Of Trust
related
$230,000 · American River 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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