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Property profile & analytics
FOR LEASE
Office buildings
8220 Longleaf Dr, Elk Grove, CA 95758
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5262226
For Lease
$17,215,000
8220 Longleaf Dr, Elk Grove, CA 95758
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2016
Construction
TILT-UP CONCRETE
Total area
110,372 SF
Lot
2.68 ac (116,740 SF)
Zoning code
BP
APN
116-0340-061-0000
UPID
US09-5262226
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
-
USCB Inc Insurance Agency
-
Fresh & Bright Car Accident Lawyers Network of Elk Grove Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.17M
Blend (final)
Blend
$17.22M
Owner & transaction history
Pf Portfolio 1 LP · 4 yrs held
Pf Portfolio 1 LP
since 2022
4 recorded transactions
Zoning & alternative use
BP · Elk Grove, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$17.22M
Range $15.49M – $18.94M · ±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
$156 / 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
$238,219
Tax year 2024
Assessed value
$22,051,833
Assessed 2024
Previous assessed
$22,051,833
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$266,649
Assessed improvement
$21,785,184
Applied tax rate
7.0000
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2016
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
4
Total area
110,372 SF
Lot
2.68 ac (116,740 SF)
Zoning code
BP
APN
116-0340-061-0000
UPID
US09-5262226
Jurisdiction
SACRAMENTO
Zoning & alternative use
BP · Elk Grove, CA
Zoning BP · permitted uses
BP · 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.
Building & site characteristics
From public records
Year built
2016
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
4
Buildings
2
Lot
2.68 ac
Current owner
From public records · entity-resolved
Pf Portfolio 1 LP
Entity
Free & Clear · 4 yrs held
Mailing address
2020 L ST FL #5, SACRAMENTO, CA 95811-4259
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
—
Pf Portfolio 1 LP
Laguna Springs Corporate Ctr Phase
Intrafamily Transfer
related
—
Feb 19, 2019
—
Laguna Springs Corp Ctr Phase
—
Deed
related
$21,417,136 · Bank Of The West
Apr 12, 2016
—
Laguna Springs Corporate Cente
Pappas Gateway LP
Grant Deed
—
—
—
Laguna Springs Corp Ctr Phase
—
Loan Modification
related
$21,417,136 · Bank Of The West
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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