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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Retail space
9020 Elk Grv Blvd Elk Grove, CA 95624-1969
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0128060
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1947
Construction
TILT-UP CONCRETE
Total area
5,550 SF
Lot
0.29 ac (12,800 SF)
Zoning code
SPA-OT
APN
125-0222-001-0000
UPID
US09-0128060
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
-
Elk Grove Fine Arts Center Art Gallery Gift Shop
-
The Sandwich Spot Take-out & Catering
-
Paula Maita & Co. Awards & Recognition Marketing & Advertising
-
Elk Grove Lock & Safe Locksmith
-
Sacramento Locksmith Services Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$795k
CAP Approach
CAP
$940k
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$900k
Owner & transaction history
Joel Franklin Maita · 4 yrs held
Joel Franklin Maita
since 2022
Last sale
$910,000
6 recorded transactions
Zoning & alternative use
SPA-OT · Elk Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+38.1%
Auto repair, garage
$1.4M
+36.9%
Commercial (general)
$1.3M
+23.9%
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
$780,000
ML approach
$795,000
CAP Approach
CAP Return
Estimation
6%
$1,020,000
6.5%
$940,000
7%
$875,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,045,000
Current use
MEDICAL BUILDING
$1,445,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,435,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,295,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $910k (Jun 2 2022)
Last sale anchor
$910k
Jun 2 2022
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
$162 / 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
$13,108
Tax year 2024
Assessed value
$1,219,192
Assessed 2024
Previous assessed
$1,219,192
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$487,675
Assessed improvement
$731,517
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
5,550 SF
Lot
0.29 ac (12,800 SF)
Zoning code
SPA-OT
APN
125-0222-001-0000
UPID
US09-0128060
Jurisdiction
SACRAMENTO
Zoning & alternative use
SPA-OT · Elk Grove, CA
Zoning SPA-OT · permitted uses
SPA-OT · 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
$1.0M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES Current
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
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Joel Franklin Maita
Individual
Mailing address
8762 KELSEY DR, ELK GROVE, CA 95624-1845
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2022
—
Joel Franklin Maita
Joel F Maita
Intrafamily Transfer
related
—
May 14, 2021
—
Joel F Maita
—
Deed
related
$450,000 · Bank Of Stockton
Dec 23, 2005
$910,000
Joel F Maita
Podesta-daniels,kenneth L & Laurie R
Grant Deed
$682,500 · Bank Of Stockton
Feb 26, 1997
$140,000
Podesta-daniels,kenneth L & Laur
Horning,theodore L
Trustees Deed
$190,000 · Individual
Feb 26, 1997
—
Theodore L Horning
Horning,susan M
Quit Claim Deed
related
—
—
—
Kenneth L Podesta-daniels
—
Deed Of Trust
related
$250,000 · Stockmans 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.
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