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Property profile & analytics
OFF-MARKET
Estimated value
$3,015,000
Individual retail properties
990 Riley St Folsom, CA 95630-3064
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-0841891
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2004
Construction
WOOD
Total area
10,527 SF
Lot
0.95 ac (41,382 SF)
Zoning code
C-2 (PD)
APN
071-0690-059-0000
UPID
US09-0841891
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
-
One On One Fitness Gym & Fitness Center
-
Boost Swim School Swimming School Indoor Swimming Pool
-
David K. Thomas, PT Medical Clinic
-
Folsom Wellness & Sports Conditioning Center LLC Gym & Fitness Center
-
Matthew Marshall Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.02M
Owner & transaction history
Visione Enterprises LLC · 3 yrs held
Visione Enterprises LLC
since 2023
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
C-2 (PD) · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.1M
+555.7%
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
$3,110,000
ML approach
$3,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,075,000
Change: +556% · Conversion: Difficult
Blend value · Realmo final
$3.02M
Range $2.71M – $3.32M · ±10% · vs last sale $3.00M (Mar 24 2023)
Last sale anchor
$3.00M
Mar 24 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
$286 / 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
$33,342
Tax year 2024
Assessed value
$3,060,000
Assessed 2024
Previous assessed
$3,060,000
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$714,000
Assessed improvement
$2,346,000
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
GYM, HEALTH SPA
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
10,527 SF
Lot
0.95 ac (41,382 SF)
Zoning code
C-2 (PD)
APN
071-0690-059-0000
UPID
US09-0841891
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
COMMERCIAL (GENERAL)
Est. value
$2.1M
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
2004
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
Visione Enterprises LLC
Entity
Mailing address
PO BOX 6493, FOLSOM, CA 95763-6493
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2023
$3,000,000
Visione Enterprises LLC
Folsom Wellness & Sports Conditioni
Grant Deed
$1,100,000 · Hirani
Oct 26, 2020
—
Folsom Wellness & Sports Condi
—
Deed
related
$1,800,000 · First Citizens Bk
May 18, 2016
—
Folsom Wellness & Sports Conditioni
—
Deed
related
$1,561,000 · Sierra Vista Bank
Oct 28, 2004
—
Folsom Wellness & Sports Ctr
Haislet,brett
Grant Deed
$1,325,000 · Banco Popular NA
Apr 30, 2003
—
Bret Haislet
—
Trustees Deed
related
$940,000 · Western Sierra National Bank
Aug 8, 2002
$414,000
Diane O Haislett
Miner,j E
Grant Deed
$310,000 · Western Sierra National Bank
Apr 23, 2001
$240,000
Keith Mangiapane
Beazer Homes California INC
Grant Deed
$215,550 · Flagstar Bank Fsb
—
—
Folsom Wellness & Sports Condi
—
Deed Of Trust
related
$1,800,000 · First Citizens Bk
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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