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Property profile & analytics
FOR LEASE
Strip malls
8345 Folsom Blvd Sacramento, CA 95826
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0161051
For Lease
1 / 2
$2,545,000
8345 Folsom Blvd, Sacramento, CA 95826
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Construction
TILT-UP CONCRETE
Total area
23,115 SF
Lot
1.29 ac (56,192 SF)
Zoning code
C-2-SPD
APN
079-0182-026-0000
UPID
US09-0161051
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
-
Cutt Creators Barber Shop
-
1-2-3 Fit Gym & Fitness Center
-
Academics Academy. Vocational School Training Center
-
Work of Art Studio (South Sacramento) Art Studio
-
Horizon Personnel Services Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.34M
Blend (final)
Blend
$2.55M
Owner & transaction history
Ethan Conrad
Ethan Conrad
since 2025
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, 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 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
$2,610,000
ML approach
$2,635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.55M
Range $2.29M – $2.80M · ±10% · vs last sale $2.47M (Oct 5 2023)
Last sale anchor
$2.47M
Oct 5 2023
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
$110 / 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
$13,266
Tax year 2024
Assessed value
$920,088
Assessed 2024
Previous assessed
$920,088
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$493,625
Assessed improvement
$426,463
Applied tax rate
3.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
23,115 SF
Lot
1.29 ac (56,192 SF)
Zoning code
C-2-SPD
APN
079-0182-026-0000
UPID
US09-0161051
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-SPD · Sacramento, CA
Zoning C-2-SPD · permitted uses
C-2-SPD · 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.
Building & site characteristics
From public records
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.29 ac
Current owner
From public records · entity-resolved
Ethan Conrad
Individual
Mailing address
1300 NATIONAL DR STE #100, SACRAMENTO, CA 95834-1981
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2025
$325,000
Ethan Conrad
Youssery Joe Kelada
Grant Deed
—
Oct 5, 2023
—
Ecp Com 1 LLC
Ethan G Conrad
Intrafamily Transfer
related
$4,758,000 · Comerica Bank
Aug 3, 2017
—
Ethan G Conrad
Conrad,ethan
Quit Claim Deed
related
$6,580,000 · Bank Of Guam
May 26, 2011
$2,470,000
Ethan Conrad
Umpqua Bk
Grant Deed
$3,622,475 · Bank Of The West
May 25, 2011
—
Umpqua Bk
Sheriff Of Sacramento County
Trustees Deed
related
—
Sep 26, 2002
—
College Greens Shopping Ctr
—
Deed Of Trust
related
$4,025,000 · Bnp Paribas
Nov 16, 1993
—
Sacramento Savings Bank
College Greens S
Grant Deed
related
—
—
—
College Greens Shopping Center
—
Deed Of Trust
related
—
—
—
Ethan Conrad
—
Deed Of Trust
related
$6,400,000 · Bank Of Guam
—
—
College Greens S
—
Deed Of Trust
related
$100,000 · Sumitomo 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.
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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