Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8872 Bond Rd Elk Grove, CA 95624-4072

    • Banks
    • 5,400 SF
    • 0.98 lot acres
    OFF-MARKET
    Last Sale
    Dec 21, 2021
    $3,628,000
    Value Estimations
    $3,980,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3355097
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wells Fargo Bank / Bank / Loan Service
    • Wells Fargo ATM / Atm
    • Wells Fargo Advisors / Financial Advisor

    Property Details for 8872 Bond Rd

    Year built
    2006
    Construction
    WOOD
    Lot size
    0.98 lot acres
    Property size
    5,400 SF
    Zone code
    GC
    Property type
    Banks
    APN
    116-0100-092-0000
    APU
    11601000920000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,320,000
      ML approach
      $4,340,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove
    County
    Sacramento
    State
    California
    Longitude
    -121.373
    Latitude
    38.423
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $40,880
    $1,248,480
    $2,526,091
    $3,774,571
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,692 SF

      9121 Stockton Blvd

      FINANCIAL BUILDING • 3,692 SF
      9121 Stockton Blvd, Elk Grove, CA 95624-9503
      View Details
    • Value Estimation
      $540,000
      5,410 SF

      8405 Elk Grv Florin Rd

      FINANCIAL BUILDING • 5,410 SF
      8405 Elk Grv Florin Rd, Elk Grove, CA 95624-9520
      View Details
    • Value Estimation by Request
      9,162 SF

      8959 Elk Grv Blvd

      FINANCIAL BUILDING • 9,162 SF
      8959 Elk Grv Blvd, Elk Grove, CA 95624-1948
      View Details
    • Value Estimation by Request
      2,880 SF

      9150 Elk Grv Florin Rd

      FINANCIAL BUILDING • 2,880 SF
      9150 Elk Grv Florin Rd, Elk Grove, CA 95624-1426
      View Details
    • Value Estimation by Request
      3,164 SF

      8799 Elk Grv Blvd

      FINANCIAL BUILDING • 3,164 SF
      8799 Elk Grv Blvd, Elk Grove, CA 95624-1742
      View Details
    • Value Estimation by Request
      3,567 SF

      9003 Elk Grv Blvd

      FINANCIAL BUILDING • 3,567 SF
      9003 Elk Grv Blvd, Elk Grove, CA 95624-1944
      View Details

    Similar Nearby for Sale

    • $12,580,000
      2.08 Acres

      Elk Grove LA Fitness Investment

      High-traffic, NNN-leased fitness center.
      8438 Elk Grove Florin Rd, Elk Grove, CA 95624
      View Details
    • Contact for pricing
      1,944 SF

      Restaurant with Dual Lane Drive-Through

      Restaurant with dual lane drive-through and large outdoor patio.
      9583 Elk Grove Florin Rd, Elk Grove, CA 95624
      View Details
    • Contact for pricing

      Elk Grove Parcels For Sale

      Six parcels available in Elk Grove for office, industrial, retail.
      1 Waterman Rd, Elk Grove, CA 95624
      View Details
    • $9,000,000
      47,392 SF

      Elk Grove Industrial Investment

      5.83% Cap Rate, 47,392 SF Flex/Warehouse
      9068 Elkmont Way, Elk Grove, CA 95624
      View Details
    • $1,917,360
      5,326 SF

      Elk Grove Office Condo For Sale

      Class A Office, 5,326 SF
      9381 Stockton Blvd, Elk Grove, CA 95624
      View Details
    • Contact for pricing
      177.00 Acres

      177 Acres Prime Industrial Land

      Prime industrial land ready for development in Elk Grove, CA.
      10351 Grant Line Rd, Elk Grove, CA 95624
      View Details

    Similar Nearby for Lease

    • $1.35 SF/Yr
      2,725 SF

      Elk Grove Flex Space Available

      Flex space with office, showroom, and warehouse components for lease.
      10481 Grant Line Rd, Elk Grove, CA 95624
      View Details
    • Contact for pricing
      7,286 SF

      Retail Space with Highway Visibility

      Retail space with highway visibility and ample parking.
      10299 E Stockton Blvd, Elk Grove, CA 95624
      View Details
    • Contact for pricing
      1,450 SF

      High-Profile Strip Center Space

      Retail space in a high-traffic Elk Grove location.
      9308 Elk Grove Blvd, Elk Grove, CA 95624
      View Details
    • Contact for pricing
      2,400 SF

      Elk Grove Retail Pad Sites

      High-traffic retail pads, prime location.
      0 Swc Stockton Blvd And Sheldon Rd, Elk Grove, CA 95624
      View Details
    • Contact for pricing
      3,400 SF

      Elk Grove Retail Space

      Retail space available for rent in Elk Grove, CA.
      8550 Elk Grove Blvd, Elk Grove, CA 95624
      View Details
    • Contact for pricing
      1,800 SF

      High-Profile Strip Center Space

      Retail space in a high-traffic Elk Grove location.
      9320-9328 Elk Grove Blvd, Elk Grove, CA 95624
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8872 Bond Rd
    Elk Grove, CA 95624-4072
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.