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Property profile & analytics
FOR SALE
Distribution centers
9068 Elkmont Dr Elk Grove, CA 95624
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2955342
For Sale
1 / 2
$11,950,000
9068 Elkmont Dr, Elk Grove, CA 95624
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1997
Construction
TILT-UP CONCRETE
Total area
45,876 SF
Lot
2.59 ac (112,820 SF)
Zoning code
LI
APN
134-0620-032-0000
UPID
US09-2955342
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.93M
CAP Approach
CAP
$4.21M
Comparable Approach
Comparable
$5.64M
Blend (final)
Blend
$4.58M
Owner & transaction history
Garrett Innovations Holding Gr · 5 yrs held
Garrett Innovations Holding Gr
since 2020
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
LI · 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
$5,495,000
ML approach
$4,925,000
CAP Approach
CAP Return
Estimation
6%
$4,560,000
6.5%
$4,210,000
7%
$3,910,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,530,000
Current use
Blend value · Realmo final
$4.58M
Range $4.12M – $5.04M · ±10% · vs last sale $4.14M (Sep 22 2020)
Last sale anchor
$4.14M
Sep 22 2020
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
$100 / 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
$48,958
Tax year 2024
Assessed value
$4,457,073
Assessed 2024
Previous assessed
$4,457,073
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,199,165
Assessed improvement
$3,257,908
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Sale
Year built
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
45,876 SF
Lot
2.59 ac (112,820 SF)
Zoning code
LI
APN
134-0620-032-0000
UPID
US09-2955342
Jurisdiction
SACRAMENTO
Zoning & alternative use
LI · Elk Grove, CA
Zoning LI · permitted uses
LI · 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
WAREHOUSE, STORAGE Current
Est. value
$6.5M
WAREHOUSE, STORAGE Current
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
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.59 ac
Current owner
From public records · entity-resolved
Garrett Innovations Holding Gr
Entity
Mailing address
9090 UN PARK WAY STE #100, ELK GROVE, CA 95624-2787
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2021
—
Garrett Innovations Holding Group L
—
Deed
related
$1,844,000 · Cdc Small Business Finance Corp
Sep 22, 2020
$4,140,000
Garrett Innovations Holding Gr
Properties LP Whal
Grant Deed
$2,320,667 · Bank Of The West
Jun 18, 2018
$3,190,000
Whal Properties LP
Megna 2011 Trust
Grant Deed
—
Apr 10, 2012
$113,000
Megna 2011 Trust
Megna Jack & Mary Trust
Grant Deed
related
—
Apr 10, 2012
$70,500
Megna 2011 Trust
Megna Jack & Mary Trust
Grant Deed
related
—
Oct 9, 2009
—
Megna Jack & Mary Trust
Megna Jack & Mary Trust
Quit Claim Deed
related
—
Nov 5, 2007
—
Megna,jack & Mary Trust
Megna Jack & Mary Trust
Quit Claim Deed
related
$2,600,000 · Five Star Bank
Jan 26, 2007
—
Megna Michael Living Trust
Megna,michael
Quit Claim Deed
related
—
Jan 19, 2006
—
Megna Jack & Mary Trust
—
Trustees Deed
related
$300,000 · Pacific Funding
Nov 26, 1997
—
Megna Trust
Buntain Construction INC
Grant Deed
related
—
—
—
Megna,michael Living Trust
—
Loan Modification
related
$1,285,000 · Five Star Bank
—
—
Megna Michael Living Trust
—
Deed Of Trust
related
$2,450,000 · Five Star 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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