Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$12,260,000
Assisted living facilities
8476 Sheldon Rd 141 Elk Grove, CA 95624-5602
Individually Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3192259
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2001
Construction
WOOD
Total area
102,565 SF
Lot
4.38 ac (190,792 SF)
Zoning code
RD-25
APN
116-0030-037-0000
UPID
US10-3192259
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
-
Camden Springs Gracious Retirement Living Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.70M
Blend (final)
Blend
$12.26M
Owner & transaction history
Elk Grove Retirement Residence · 17 yrs held
Elk Grove Retirement Residence
since 2009
7 recorded transactions
Zoning & alternative use
RD-25 · Elk Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The high density residential zoning district designations are applied to areas of the City intended to accommodate higher density multifamily development such as apartments and condominiums. The RD-25 district is intended for high density residential development, including apartments and condominiums.
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
104.03 ac
Source
Realmo
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
$12.26M
Range $11.03M – $13.49M · ±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
$120 / 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
$229,037
Tax year 2024
Assessed value
$19,231,436
Assessed 2024
Previous assessed
$19,231,436
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$468,515
Assessed improvement
$18,762,921
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
7
Bathrooms
2
Total area
102,565 SF
Lot
4.38 ac (190,792 SF)
Zoning code
RD-25
APN
116-0030-037-0000
UPID
US10-3192259
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-25 · Elk Grove, CAZoning RD-25 · permitted uses
RD-25 · Elk Grove, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The high density residential zoning district designations are applied to areas of the City intended to accommodate higher density multifamily development such as apartments and condominiums. The RD-25 district is intended for high density residential development, including apartments and condominiums.
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
104.03 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2001
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Rooms
7
Bathrooms
2
Lot
4.38 ac
Current owner
From public records · entity-resolved
Elk Grove Retirement Residence
Individual
Free & Clear · 17 yrs held
Mailing address
9310 NE VANCOUVER MALL DR, VANCOUVER, WA 98662-8202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2019
—
Elk Grove Retirement Res LP
—
Loan Modification
related
$989,960,000 · Berkadia Com'l Mtg
Sep 14, 2017
—
Elk Grove Retirement Residence
—
Deed
related
$951,495,000 · Berkadia Com'l Mtg
Mar 31, 2009
$1,700,000
Elk Grove Retirement Residence
Do,long K
Grant Deed
—
Apr 16, 2004
$912,000
Long K Do
Quaresma,alcino & Amelia
Grant Deed
$699,200 · Loancity Com
Apr 16, 2004
—
Han K Do
Le,lan-anh
Grant Deed
related
—
Nov 12, 1999
—
Sacramento County (ca)
Lennar Renaissance INC
Trustees Deed
related
—
Feb 2, 1998
—
Lennar Renaissance INC
Winncrest Homes INC
Grant Deed
related
—
Apr 12, 1989
$510,000
Bardis Elias D
Davis Charles P
Trustees Deed
—
Apr 12, 1989
—
Elias D Bardis
Bardis Jane B
Quit Claim Deed
related
$360,000 · Davis Charles P
Apr 12, 1989
$150,000
Winncrest Homes
Bardis Elias D
Trustees Deed
related
—
—
—
Elk Grove Retirement Residence
—
Deed Of Trust
related
$16,200,000 · Pnc Bk
—
—
Alcino Quaresma
—
Deed Of Trust
related
$132,000 · Southern Pacific Thrift & Loan
—
—
Alcino Quaresma
—
Deed Of Trust
related
$137,900 · Guild Mortgage Co
—
—
Elk Grove Retirement Residence
—
Deed Of Trust
related
$951,495,000 · Berkadia Com'l Mtg
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 8476 Sheldon Rd, Unit 141?
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.
