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Property profile & analytics
OFF-MARKET
Estimated value
$9,805,000
Grocery and convenience stores
9160 Elk Grv Florin Rd Elk Grove, CA 95624-1426
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1931479
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1994
Construction
TILT-UP CONCRETE
Total area
45,649 SF
Lot
4.2 ac (182,952 SF)
Zoning code
GC
APN
116-0042-051-0000
UPID
US10-1931479
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
-
Chase Mortgage Loan Service Bank
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Amazon Locker - Yaa Courier Service Postal Service
-
MoneyGram Bank Credit Union
-
Ocean’s Recycling Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.31M
CAP Approach
CAP
$7.74M
Comparable Approach
Comparable
$9.17M
Blend (final)
Blend
$9.81M
Owner & transaction history
Save Mart Portfolio Owner Nlp · 5 yrs held
Save Mart Portfolio Owner Nlp
since 2020
Last sale
$9.9M
6 recorded transactions
Zoning & alternative use
GC · Elk Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$14.3M
+66.0%
Apartment house (5+ units)
$13.1M
+51.9%
Medical building
$11.9M
+38.1%
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
$13,105,000
ML approach
$10,310,000
CAP Approach
CAP Return
Estimation
6%
$8,385,000
6.5%
$7,740,000
7%
$7,185,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,610,000
Current use
OFFICE BUILDING
$14,290,000
Change: +66% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$13,075,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$11,885,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,785,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,665,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$9.81M
Range $8.82M – $10.79M · ±10% · vs last sale $9.87M (Nov 20 2020)
Last sale anchor
$9.87M
Nov 20 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
$215 / 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
$114,062
Tax year 2024
Assessed value
$10,477,091
Assessed 2024
Previous assessed
$10,477,091
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$3,183,624
Assessed improvement
$7,293,467
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1994
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
45,649 SF
Lot
4.2 ac (182,952 SF)
Zoning code
GC
APN
116-0042-051-0000
UPID
US10-1931479
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$8.6M
OFFICE BUILDING
Est. value
$14.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.1M
MEDICAL BUILDING
Est. value
$11.9M
AUTO REPAIR, GARAGE
Est. value
$11.8M
COMMERCIAL (GENERAL)
Est. value
$10.7M
RETAIL STORES Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1994
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
4.2 ac
Current owner
From public records · entity-resolved
Save Mart Portfolio Owner Nlp
Individual
Mailing address
1800 STANDIFORD AVE, MODESTO, CA 95350-0180
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2023
—
Save Mart Portfolio Owner Nlp Ca Ll
—
Deed
related
$425,000,000 · Wells Fargo Bank NA
Nov 20, 2020
$9,873,000
Save Mart Portfolio Owner Nlp
Rmp Props
Grant Deed
—
May 23, 2017
—
Rmp Props
—
Grant Deed
related
$170,000,000 · Ubs Ag
Apr 3, 2007
—
Rmp Properties LLC
Abs Nocal Investor LLC
Grant Deed
—
Aug 15, 2006
—
Abs Nocal Investor LLC
Albertsons LLC
Warranty Deed
$168,927,970 · Greenwich Capital Financial Products INC
Sep 17, 1993
$937,000
Albertsons INC
Taylor Propertie
Grant Deed
—
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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