Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,985,000
Individual retail properties
8539 Elk Grv Blvd Elk Grove, CA 95624-1777
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2998162
Property profile
Verified
Property type
Individual retail properties
Use group
APPLIANCE STORE
Year built
1986
Construction
TILT-UP CONCRETE
Total area
39,885 SF
Lot
3.4 ac (148,104 SF)
Zoning code
GC
APN
125-0390-011-0000
UPID
US10-2998162
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
-
Big Lots Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.98M
CAP Approach
CAP
$6.77M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.99M
Owner & transaction history
Hmiii Elk Grove LLC · 1 yrs held
Hmiii Elk Grove LLC
since 2025
Last sale
$10.0M
7 recorded transactions
Zoning & alternative use
GC · Elk Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.5M
+66.0%
Apartment house (5+ units)
$11.4M
+51.9%
Medical building
$10.4M
+38.1%
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
$9,970,000
ML approach
$9,980,000
CAP Approach
CAP Return
Estimation
6%
$7,325,000
6.5%
$6,765,000
7%
$6,280,000
Alternative Use
Use
Estimation
RETAIL STORES
$7,520,000
Current use
OFFICE BUILDING
$12,485,000
Change: +66% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$11,425,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$10,385,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,300,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,315,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$9.99M
Range $8.99M – $10.98M · ±10% · vs last sale $10.00M (Apr 30 2025)
Last sale anchor
$10.00M
Apr 30 2025
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
$250 / 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
$65,981
Tax year 2024
Assessed value
$6,100,000
Assessed 2024
Previous assessed
$6,100,000
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,800,000
Assessed improvement
$4,300,000
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
Individual retail properties
Use group
APPLIANCE STORE
Status
Off-Market
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
39,885 SF
Lot
3.4 ac (148,104 SF)
Zoning code
GC
APN
125-0390-011-0000
UPID
US10-2998162
Jurisdiction
SACRAMENTO
Zoning & alternative use
GC · Elk Grove, CA
Zoning GC · permitted uses
GC · Elk Grove, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elk Grove. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$7.5M
OFFICE BUILDING
Est. value
$12.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.4M
MEDICAL BUILDING
Est. value
$10.4M
AUTO REPAIR, GARAGE
Est. value
$10.3M
COMMERCIAL (GENERAL)
Est. value
$9.3M
RETAIL STORES Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (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
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
3.4 ac
Current owner
From public records · entity-resolved
Hmiii Elk Grove LLC
Entity
Mailing address
105 BELVEDERE ST, SAN FRANCISCO, CA 94117-3915
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2025
$10,000,000
Hmiii Elk Grove LLC
Charmel LLC
Grant Deed
$6,000,000 · East West Bank
Sep 21, 2022
—
Charmel LLC
—
Deed
related
$2,861,000 · Safe Cu
Apr 17, 2019
—
Joatmon LLC
—
Deed
related
$3,530,000 · Us Bk
Dec 12, 2005
$2,455,000
Charmel LLC
Ege LLC
Grant Deed
—
Sep 16, 2004
—
Ege LLC
Ralphs Grocery
Grant Deed
$2,583,562 · Farmers & Merchants Bk Lng Bch
Sep 13, 1999
—
Ralphs Grocery Co
Lucky Stores INC
Grant Deed
related
—
—
—
Joatmon LLC
—
Loan Modification
related
$3,530,000 · Us Bk
—
—
Ege LLC
—
Deed Of Trust
related
$4,200,000 · John Hancock Life Insurance Co
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 8539 Elk Grv Blvd?
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.
