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Property profile & analytics
FOR LEASE
Office buildings
9280 W Stockton Blvd Elk Grove, CA 95758
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1381128
For Lease
1 / 2
$9,750,000
9280 W Stockton Blvd, Elk Grove, CA 95758
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2003
Construction
TILT-UP CONCRETE
Total area
51,240 SF
Lot
3.27 ac (142,441 SF)
Zoning code
BP
APN
116-0310-019-0000
UPID
US09-1381128
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
-
Jon Felts Real Estate Real Estate Agency
-
RE/MAX GOLD: Jack Smith Real Estate Agency
-
Wilda White, RE/MAX Gold Laguna Real Estate Agency
-
New York Life Insurance Company - Miguel Mata Insurance Agency
-
Robert Spano, RE/MAX Gold Laguna Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.71M
Comparable Approach
Comparable
$6.89M
Blend (final)
Blend
$9.75M
Owner & transaction history
Ima Oakdale LLC · 8 yrs held
Ima Oakdale LLC
since 2018
7 recorded transactions
Zoning & alternative use
BP · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,680,000
6.5%
$11,705,000
7%
$10,870,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$14,675,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$9.75M
Range $8.78M – $10.73M · ±10%
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
$190 / 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
$147,460
Tax year 2024
Assessed value
$13,609,330
Assessed 2024
Previous assessed
$13,609,330
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$2,900,348
Assessed improvement
$10,708,982
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
51,240 SF
Lot
3.27 ac (142,441 SF)
Zoning code
BP
APN
116-0310-019-0000
UPID
US09-1381128
Jurisdiction
SACRAMENTO
Zoning & alternative use
BP · Elk Grove, CA
Zoning BP · permitted uses
BP · 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
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.7M
APARTMENT HOUSE (5+ UNITS)
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
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
3.27 ac
Current owner
From public records · entity-resolved
Ima Oakdale LLC
Entity
Mailing address
182 ATHERTON AVE, ATHERTON, CA 94027-4021
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2018
$12,200,000
Ima Oakdale LLC
Jpi Xxvi
Grant Deed
$7,925,000 · Sacramento Bk/cmrc
Apr 28, 2000
$547,000
Mccuen Properties LLC
Pappas Laguna LP
Grant Deed
$529,233 · Jp1xxvi
Apr 28, 2000
—
Jpi Xxvi
Mccuen Properties LLC
Grant Deed
related
—
Sep 18, 1992
$100,000
Mccuen Trust
Laguna,buisiness
Grant Deed
related
—
—
—
Jpi Xxvi
—
Deed Of Trust
related
$6,100,000 · Thrivent Financial For Luthera
—
—
Jpi Xxvi
—
Deed Of Trust
related
$6,000,000 · Housing Cap
—
—
Jpi Xxvi
—
Deed Of Trust
related
$6,000,000 · Housing Capital Co
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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