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Property profile & analytics
OFF-MARKET
Estimated value
$2,560,000
Distribution centers
9911 Kent St Ste 6 Elk Grove, CA 95624-4007
Individually Owned
23-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0809082
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1996
Construction
TILT-UP CONCRETE
Total area
43,680 SF
Lot
2.02 ac (87,991 SF)
Zoning code
LI
APN
134-0100-041-0000
UPID
US09-0809082
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
$2.56M
Owner & transaction history
Walter L Longwedel · 23 yrs held
Walter L Longwedel
since 2003
4 recorded transactions
Zoning & alternative use
LI · Elk Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The light industrial district is intended for low to medium intensity uses that involve the manufacture, fabrication, assembly, or processing of primarily finished materials. These activities, along with supportive and complementary uses, such as storage, shipping, retail, wholesale, or sales operations, are allowed in this district
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
678.66 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
$59 / 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
$24,839
Tax year 2024
Assessed value
$2,217,218
Assessed 2024
Previous assessed
$2,217,218
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$289,425
Assessed improvement
$1,927,793
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1996
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
43,680 SF
Lot
2.02 ac (87,991 SF)
Zoning code
LI
APN
134-0100-041-0000
UPID
US09-0809082
Jurisdiction
SACRAMENTO
Zoning & alternative use
LI · Elk Grove, CAZoning LI · permitted uses
LI · Elk Grove, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The light industrial district is intended for low to medium intensity uses that involve the manufacture, fabrication, assembly, or processing of primarily finished materials. These activities, along with supportive and complementary uses, such as storage, shipping, retail, wholesale, or sales operations, are allowed in this district
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
678.66 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1996
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.02 ac
Current owner
From public records · entity-resolved
Walter L Longwedel
Individual
Free & Clear · 23 yrs held
Mailing address
9874 DINO DR STE #6, ELK GROVE, CA 95624-3982
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2003
—
Walter L Longwedel
W W Construction
Grant Deed
related
—
Mar 11, 1994
$166,000
W W Construciton
Herrera,gary J
Grant Deed
$124,500 · Seller
Jun 20, 1990
$80,000
Gary J Herrera
Hickey James G
Grant Deed
—
—
—
Hickey James G
—
Deed Of Trust
related
$90,000 · Beneficial Mortgage 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.
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