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Property profile & analytics
FOR LEASE
Strip malls
8703 Elk Grove Blvd Elk Grove, CA 95624
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1985758
For Lease
$4,085,000
8703 Elk Grove Blvd, Elk Grove, CA 95624
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Construction
WOOD
Total area
26,416 SF
Lot
3.9 ac (169,884 SF)
Zoning code
GC
APN
125-0070-034-0000
UPID
US09-1985758
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
-
AdvancedCare Erectile Dysfunction Treatment Clinic Physician
-
The Boulevard Salon Hair Salon
-
Extensions by Sarah Hair Salon
-
Lisa Mizani Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.09M
Owner & transaction history
Elk Grove Associates LLC · 7 yrs held
Elk Grove Associates LLC
since 2018
7 recorded transactions
Zoning & alternative use
GC · Elk Grove, 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 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%
$5,585,000
6.5%
$5,155,000
7%
$4,790,000
Blend value · Realmo final
$4.09M
Range $3.68M – $4.49M · ±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
$155 / 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
$41,688
Tax year 2024
Assessed value
$3,796,767
Assessed 2024
Previous assessed
$3,796,767
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,283,650
Assessed improvement
$2,513,117
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1980
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
26,416 SF
Lot
3.9 ac (169,884 SF)
Zoning code
GC
APN
125-0070-034-0000
UPID
US09-1985758
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.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
3.9 ac
Current owner
From public records · entity-resolved
Elk Grove Associates LLC
Entity
Mailing address
427 WYNDGATE RD, SACRAMENTO, CA 95864-5933
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2018
—
Elk Grove Associates LLC
Williamson Cress Trust
Quit Claim Deed
related
—
Feb 17, 2015
—
Williamson Cress Trust|williamson Stephen G
Williamson Cress Trust
Quit Claim Deed
related
—
Nov 24, 2004
—
Colbert Katherine M 2004 Trust
Colbert,katherine E
Quit Claim Deed
related
—
Dec 10, 2002
$330,000
Williamson,tr
Williamson,john F
Grant Deed
related
—
Sep 13, 2002
—
Williamson,tr
Williamson,cress
Quit Claim Deed
related
—
Jun 25, 1999
—
Williamson Trust
Williamson,cress
Quit Claim Deed
related
—
Jun 14, 1999
—
Katherine E Colbert
Colbert,david W
Quit Claim Deed
related
—
Jun 14, 1999
$300,000
Williamson,cress
Williamson Trust
Trustees Deed
related
—
Jun 14, 1999
$30,000
Williamson,cress
Williamson,jennifer A
Trustees Deed
related
—
Jul 17, 1996
—
John F Williamson
Williamson Trust
Quit Claim Deed
related
—
—
—
Cress Williamson
—
Deed Of Trust
related
$750,000 · Sierrawest Bank
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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