Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,200,000
Distribution centers
8440 Belvedere Ave Sacramento, CA 95826-5904
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3096604
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1985
Construction
TILT-UP CONCRETE
Total area
37,100 SF
Lot
2.48 ac (108,028 SF)
Zoning code
M-1S-SWR
APN
061-0140-054-0000
UPID
US09-3096604
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
-
Robert Allen Big Box & Wholesale Store
-
Edward R Bacon Co Inc Construction Company General Contractor
-
White Portable Toilet Rentals Building Supply
-
Sac Scientific Equipment Production Facility
-
Artisan Interiors Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.20M
Owner & transaction history
Pal Sacramento Small Bay LLC · 1 yrs held
Pal Sacramento Small Bay LLC
since 2024
Last sale
$9.2M
7 recorded transactions
Zoning & alternative use
M-1S-SWR · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$11.6M
+117.2%
Apartment house (5+ units)
$11.0M
+105.2%
Auto repair, garage
$9.5M
+77.2%
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
$9,200,000
ML approach
$9,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$11,640,000
Change: +117% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$10,990,000
Change: +105% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,495,000
Change: +77% · Conversion: Easy
MEDICAL BUILDING
$9,445,000
Change: +76% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,770,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$7,010,000
Change: +31% · Conversion: Moderate
Blend value · Realmo final
$9.20M
Range $8.28M – $10.12M · ±10% · vs last sale $9.20M (Sep 12 2024)
Last sale anchor
$9.20M
Sep 12 2024
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
$248 / 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
$31,195
Tax year 2024
Assessed value
$2,369,771
Assessed 2024
Previous assessed
$2,369,771
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$800,133
Assessed improvement
$1,569,638
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
37,100 SF
Lot
2.48 ac (108,028 SF)
Zoning code
M-1S-SWR
APN
061-0140-054-0000
UPID
US09-3096604
Jurisdiction
SACRAMENTO
Zoning & alternative use
M-1S-SWR · Sacramento, CA
Zoning M-1S-SWR · permitted uses
M-1S-SWR · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.0M
AUTO REPAIR, GARAGE
Est. value
$9.5M
MEDICAL BUILDING
Est. value
$9.4M
COMMERCIAL (GENERAL)
Est. value
$8.8M
RETAIL STORES
Est. value
$7.0M
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.48 ac
Current owner
From public records · entity-resolved
Pal Sacramento Small Bay LLC
Entity
Free & Clear · 1 yrs held
Mailing address
747 3RD AVE RM #2602, NEW YORK, NY 10017-2836
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2024
$9,200,000
Pal Sacramento Small Bay LLC
Robert L Chrisman
Grant Deed
—
Apr 30, 2009
—
Chrisman Robert L & M K Trust
Chrisman,robert L & Marilyn K
Quit Claim Deed
related
—
Apr 6, 2006
—
Robert L Chrisman
Chrisman Isabel Trust
Quit Claim Deed
related
—
Sep 2, 2005
—
Chrisman Isabel Trust
Chrisman Family Trust
Quit Claim Deed
related
—
Jun 16, 1997
—
Robert L Christman
Chrisman Trust
Quit Claim Deed
related
—
Feb 21, 1997
—
Chrisman Trust
Belvedere Industrial Park Join
Grant Deed
related
—
—
—
Industrial Park Belvedere
—
Deed Of Trust
related
$1,000,000 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8440 Belvedere Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
