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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Bars & Pubs
9039 Elk Grv Blvd Elk Grove, CA 95624-1944
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2623934
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1931
Construction
WOOD
Total area
2,868 SF
Lot
0.17 ac (7,200 SF)
Zoning code
SPA-OT
APN
125-0210-015-0000
UPID
US09-2623934
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
-
Bob's Club Bar & Pub Nightclub
-
Cardtronics ATM Atm
-
Black Wolf Art Gallery Tattoo & Piercing Shop
-
Gipson Trucking Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$660k
Owner & transaction history
Allan Lee Veto · 5 yrs held
Allan Lee Veto
since 2021
Last sale
$592,000
5 recorded transactions
Zoning & alternative use
SPA-OT · 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
$705,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $592k (Mar 8 2021)
Last sale anchor
$592k
Mar 8 2021
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
$230 / 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
$6,998
Tax year 2024
Assessed value
$647,435
Assessed 2024
Previous assessed
$647,435
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$109,363
Assessed improvement
$538,072
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1931
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Total area
2,868 SF
Lot
0.17 ac (7,200 SF)
Zoning code
SPA-OT
APN
125-0210-015-0000
UPID
US09-2623934
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.
Building & site characteristics
From public records
Year built
1931
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Allan Lee Veto
Individual
Free & Clear · 5 yrs held
Mailing address
3480 LAKEVIEW DR, IONE, CA 95640-9613
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2021
—
Allan Lee Veto
Allan Lee Veto JR
Intrafamily Transfer
related
—
Feb 25, 2019
$592,000
Allan L Veto JR.
Mitchell B R & D L Trust
Grant Deed
$441,993 · Mitchell Bertie R Trust (pt)
Apr 16, 2018
—
Mitchell Family Trust
Mitchell,bertie R & Delinda L
Quit Claim Deed
related
—
May 1, 1998
$140,000
Bertie R Mitchell
Mitchell,bertie R & Delina L
Grant Deed
related
$138,000 · Litchfield Trust
May 24, 1996
—
Litchfield Trust
Litchfield,calvin C & Agnes O
Quit Claim Deed
related
—
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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