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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Investment properties
9635 Elk Grv Florin Rd Elk Grove, CA 95624-2225
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-1946342
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1918
Construction
WOOD
Total area
2,755 SF
Lot
0.26 ac (11,200 SF)
Zoning code
GC
APN
125-0141-029-0000
UPID
US10-1946342
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
-
Annie Peony Art Gallery
-
ERS Elk Grove Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$535k
Owner & transaction history
Rhapodaca LLC · 3 yrs held
Rhapodaca LLC
since 2022
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
GC · Elk Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$860,000
+34.0%
Medical building
$715,000
+11.5%
Auto repair, garage
$710,000
+10.5%
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
$540,000
ML approach
$480,000
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$645,000
Current use
OFFICE BUILDING
$860,000
Change: +34% · Conversion: Easy
MEDICAL BUILDING
$715,000
Change: +11% · Conversion: Easy
AUTO REPAIR, GARAGE
$710,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$520,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $550k (Dec 1 2022)
Last sale anchor
$550k
Dec 1 2022
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
$194 / 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
$6,065
Tax year 2024
Assessed value
$561,000
Assessed 2024
Previous assessed
$561,000
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$224,400
Assessed improvement
$336,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1918
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Rooms
7
Bathrooms
1
Total area
2,755 SF
Lot
0.26 ac (11,200 SF)
Zoning code
GC
APN
125-0141-029-0000
UPID
US10-1946342
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
COMMERCIAL (GENERAL) Current
Est. value
$645,000
OFFICE BUILDING
Est. value
$860,000
MEDICAL BUILDING
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$710,000
RETAIL STORES
Est. value
$520,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1918
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Rooms
7
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Rhapodaca LLC
Entity
Mailing address
9635 ELK GRV FLORIN RD, ELK GROVE, CA 95624-2225
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2022
$550,000
Rhapodaca LLC
Saleem Akhtar Khan
Grant Deed
$467,500 · Harvest Small Business Finance LLC
Dec 1, 2022
—
Saleem Akhtar Khan
Nisa Khan Wagarun
Intrafamily Transfer
related
—
Apr 21, 2022
—
Saleem Akhtar Khan
Nasir Khan
Intrafamily Transfer
related
—
Oct 24, 2018
$21,000
Saleem A Khan
Aka Matthew LP
Grant Deed
$350,000 · Thompson John G JR L/tr (lt)
May 29, 2009
—
Matthew Aka
Do Ha T Trust
Quit Claim Deed
related
—
Jul 10, 2006
$22,500
Saleem A Khan
Waheed Akhtar 1 LLC
Grant Deed
—
Mar 14, 2006
—
Waheed Akhtar 1 LLC
Akhtar,waheed
Quit Claim Deed
—
Nov 1, 2005
—
Waheed Akhtar
Khan,saleem A
Grant Deed
related
—
May 4, 2004
—
Waheed Akhtar
Begum,sajida
Grant Deed
related
—
Apr 30, 2004
$596,000
Saleem A Khan
Gagnon,fred L & Carol
Grant Deed
$496,000 · Fred L & Carol Gagnon
Apr 30, 2004
—
Saleem Khan
Khan,wagarun N
Quit Claim Deed
related
—
Jan 24, 1990
$275,000
Ronald R Bieber
St Peters Evanel
Grant Deed
$210,000 · Sacramento First National Bank
—
—
Fred L Gagnon
—
Deed Of Trust
related
$135,000 · Beneficial California INC
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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