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Property profile & analytics
OFF-MARKET
Estimated value
$6,740,000
Individual retail properties
9479 Madison Ave Folsom, CA 95630-2092
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1028541
Property profile
Verified
Property type
Individual retail properties
Use group
APPLIANCE STORE
Year built
1998
Construction
WOOD
Total area
25,352 SF
Lot
2.68 ac (116,740 SF)
Zoning code
C-2 (PD)
APN
223-0200-044-0000
UPID
US09-1028541
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
-
CDReload Instant Bitcoin Crypto Atm
-
CVS Pharmacy
-
CVS Pharmacy Pharmacy
-
MoneyGram Bank Credit Union
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.01M
CAP Approach
CAP
$5.08M
Comparable Approach
Comparable
$5.61M
Blend (final)
Blend
$6.74M
Owner & transaction history
Scott R Lasher · 3 yrs held
Scott R Lasher
since 2023
Last sale
$6.6M
7 recorded transactions
Zoning & alternative use
C-2 (PD) · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$8.4M
+3.4%
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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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
$6,810,000
ML approach
$7,005,000
CAP Approach
CAP Return
Estimation
6%
$5,500,000
6.5%
$5,080,000
7%
$4,715,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,170,000
Current use
OFFICE BUILDING
$8,445,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$7,260,000
Change: -11% · Conversion: Difficult
MEDICAL BUILDING
$6,600,000
Change: -19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,545,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$6.74M
Range $6.07M – $7.41M · ±10% · vs last sale $6.58M (Mar 15 2023)
Last sale anchor
$6.58M
Mar 15 2023
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
$266 / 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
$54,652
Tax year 2024
Assessed value
$4,555,844
Assessed 2024
Previous assessed
$4,555,844
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,550,252
Assessed improvement
$3,005,592
Applied tax rate
4.0000
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
Individual retail properties
Use group
APPLIANCE STORE
Status
Off-Market
Year built
1998
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
25,352 SF
Lot
2.68 ac (116,740 SF)
Zoning code
C-2 (PD)
APN
223-0200-044-0000
UPID
US09-1028541
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2 (PD) · Folsom, CAZoning C-2 (PD) · permitted uses
C-2 (PD) · Folsom, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$8.2M
OFFICE BUILDING
Est. value
$8.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.3M
MEDICAL BUILDING
Est. value
$6.6M
AUTO REPAIR, GARAGE
Est. value
$6.5M
RETAIL STORES Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1998
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
2.68 ac
Current owner
From public records · entity-resolved
Scott R Lasher
Individual
Mailing address
4008 RIDING CLB LN, SACRAMENTO, CA 95864-1647
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2023
—
Scott R Lasher
Scott Lasher
Intrafamily Transfer
related
—
Mar 3, 2021
$6,575,000
Mark Lasher
Laf4lt Holdings LP
Grant Deed
—
Mar 3, 2021
—
Benjamin Wendell
Shari Lasher
Intrafamily Transfer
related
—
Oct 30, 2015
—
Laf4lt Holdings LP
Dror,brian
Quit Claim Deed
—
Mar 2, 2011
—
Brian Dror
Laf4lt Holdings LP
Grant Deed
—
Nov 12, 2010
$412,000
Laf4lt Holdings LP
Scp 2009-c34-catx LP
Grant Deed
related
—
Jan 19, 2010
$2,166,000
Scp 2009 C34 Catx LP
Longs Drug Stores California LLC
Grant Deed
—
Nov 13, 1996
$1,100,000
Drug Stores California I Longs
Ford Leasing Development Co
Grant Deed
—
—
—
Brian Dror
—
Deed Of Trust
related
$500,000 · Us District Court
—
—
Scp 2009-c34-ctx LP
—
Deed Of Trust
related
$4,242,731 · Wells Fargo Bank Northwest NA
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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