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Property profile & analytics
OFF-MARKET
Banks
9599 Waterman Rd Elk Grove, CA 95624
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1723651
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2006
Construction
WOOD
Total area
3,809 SF
Lot
0.52 ac (22,703 SF)
Zoning code
LC
APN
134-0110-135-0000
UPID
US09-1723651
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cu Safe · 20 yrs held
Cu Safe
since 2006
1 recorded transaction
Zoning & alternative use
LC · Elk Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The limited commercial district is designed to foster low intensity neighborhood oriented commercial development adjacent to, integrated within, or at the entrance to residential neighborhoods. The limited commercial district may also be located along arterial or collector roads at midblock locations between major intersections
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
71.29 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$22,430
Tax year 2024
Assessed value
$2,036,950
Assessed 2024
Previous assessed
$2,036,950
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$340,000
Assessed improvement
$1,696,950
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
3,809 SF
Lot
0.52 ac (22,703 SF)
Zoning code
LC
APN
134-0110-135-0000
UPID
US09-1723651
Jurisdiction
SACRAMENTO
Zoning & alternative use
LC · Elk Grove, CAZoning LC · permitted uses
LC · Elk Grove, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The limited commercial district is designed to foster low intensity neighborhood oriented commercial development adjacent to, integrated within, or at the entrance to residential neighborhoods. The limited commercial district may also be located along arterial or collector roads at midblock locations between major intersections
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
71.29 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Cu Safe
Individual
Free & Clear · 20 yrs held
Mailing address
2295 IRON PT RD STE #100, FOLSOM, CA 95630-8767
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2006
—
Cu Safe
Waterman Grove LLC
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.
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