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Property profile & analytics
OFF-MARKET
Estimated value
$21,860,000
Strip malls
8391 Folsom Blvd Sacramento, CA 95826-3538
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3245109
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1963
Construction
WOOD
Total area
133,620 SF
Lot
11.71 ac (510,087 SF)
Zoning code
C-2-SPD
APN
079-0163-002-0000
UPID
US10-3245109
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
-
Venus Spa massage Alternative Medicine Practice Spa & Massage Center
-
Signature Nails & Spa Nail Salon
-
Coin Cloud Bitcoin ATM Atm Currency Exchange Service
-
Coinstar Kiosk | Bitcoin ATM Currency Exchange Service Atm
-
Blend Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.86M
Owner & transaction history
Yip Holdings Three LLC · 18 yrs held
Yip Holdings Three LLC
since 2008
6 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
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
AUTO REPAIR, GARAGE
$34,190,000
Change: -18% · Conversion: Difficult
MEDICAL BUILDING
$34,025,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$21.86M
Range $19.67M – $24.05M · ±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
$164 / 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
$319,277
Tax year 2024
Assessed value
$26,352,651
Assessed 2024
Previous assessed
$26,352,651
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$7,726,591
Assessed improvement
$18,626,060
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
Off-Market
Year built
1963
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
133,620 SF
Lot
11.71 ac (510,087 SF)
Zoning code
C-2-SPD
APN
079-0163-002-0000
UPID
US10-3245109
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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$34.2M
MEDICAL BUILDING
Est. value
$34.0M
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1963
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
11.71 ac
Current owner
From public records · entity-resolved
Yip Holdings Three LLC
Entity
Mailing address
15 OAKWOOD BLVD, ATHERTON, CA 94027-3939
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Jun 23, 2008
$4,768,000
Yip Holdings Three LLC
5714-18 Elmer Avenue
Grant Deed
$14,994,676 · Us Bank NA Series 2004-gg2
Jul 27, 2004
—
Rb College Greens II LP
Rb College Greens LP
Quit Claim Deed
$15,250,000 · Greenwich Capital Fin'l Produc
Nov 29, 2001
—
Rb College Greens LP
Rb College Greens Ticf-2 LLC
Quit Claim Deed
related
—
Oct 23, 2001
—
Rb College Greens LP
Cal American Income Properties
Grant Deed
$11,220,000 · Wells Fargo Bank
—
—
Yip Holdings Three LLC
—
Deed Of Trust
related
$10,000,000 · Woodmen Of World Life Insuranc
—
—
Rb College Greens LP
—
Deed Of Trust
related
$600,000 · Rawson Blum & Leon Trustee
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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