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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Retail space
8324 Elk Grv Florin Rd Sacramento, CA 95829-9546
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3753900
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2012
Construction
WOOD
Total area
6,500 SF
Lot
0.8 ac (34,919 SF)
Zoning code
LC
APN
115-2040-002-0000
UPID
US09-3753900
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
-
Western Dental & Orthodontics Dental Office
-
Hair wash & spa Hair Salon Nail Salon
-
Studio 8 Salon Hair Salon Nail Salon
-
Dr. Mohamed Ahmed Dental Office
-
Dr. Maryse Gellad Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.55M
Comparable Approach
Comparable
$828k
Blend (final)
Blend
$1.19M
Owner & transaction history
Nas Development LLC · 1 yrs held
Nas Development LLC
since 2024
4 recorded transactions
Zoning & alternative use
LC · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.9M
+56.8%
Auto repair, garage
$1.7M
+35.4%
Medical building
$1.7M
+34.7%
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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento 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%
$1,680,000
6.5%
$1,550,000
7%
$1,440,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,230,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,925,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,665,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$1,655,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,535,000
Change: +25% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,425,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±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
$182 / 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
$35,515
Tax year 2024
Assessed value
$3,280,978
Assessed 2024
Previous assessed
$3,280,978
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$396,598
Assessed improvement
$2,884,380
Applied tax rate
51.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2012
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
6,500 SF
Lot
0.8 ac (34,919 SF)
Zoning code
LC
APN
115-2040-002-0000
UPID
US09-3753900
Jurisdiction
SACRAMENTO
Zoning & alternative use
LC · Sacramento, CA
Zoning LC · permitted uses
LC · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2012
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.8 ac
Current owner
From public records · entity-resolved
Nas Development LLC
Entity
Free & Clear · 1 yrs held
Mailing address
21305 RUMFORD DR CUPERTINO
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 10, 2024
—
Nas Development LLC
Byung Kyoo Kang
Grant Deed
—
Apr 21, 2014
$2,730,000
Byung-kyoo Kang
Bzb Roseville LLC
Grant Deed
—
Mar 28, 2012
—
Bzb Roseville LLC
—
Trustees Deed
related
$1,762,000 · Community Business Bank
Oct 12, 2007
—
Bzb Roseville LLC
Owner Name Unavailable
Grant Deed
related
$750,000
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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