Technical
Financial
Distress signals
Property profile

8585 Elk Rdg Way Elk Grove, CA 95624

OFF-MARKET
Warehouses
Property ID
US10-3078074
27,610 SF 1.93 ac lot Built 1989
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1989
Total area 27,610 SF
Lot 1.93 ac (84,070 SF)
Zoning code GC
APN 125-0460-050-0000
UPID US10-3078074

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility

Location

8585 Elk Rdg Way Elk Grove, CA 95624-2200
Elk Grove metro Census 9309 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.30M
CAP Approach CAP
$4.07M
Comparable Approach Comparable
$5.82M
Blend (final) Blend
$6.11M

Owner & transaction history

since 2020
Last sale
$4.6M
7 recorded transactions
2020
$4.6M
2015
Price N/A
2015
$2.6M
2006
Price N/A
1997
Price N/A
1997
$467,500
1997
$15,000

Zoning & alternative use

GC · Elk Grove, CA
Zoning description

The general commercial district is intended to allow for medium to high intensity uses with a wide range of retail, wholesale commercial, entertainment, office, services, and professional uses. Development should be pede…

General category COMMERCIAL
Top alternative use upside
Office building $8.6M +119.8%
Apartment house (5+ units) $7.9M +101.2%
Medical building $7.2M +82.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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