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Property profile & analytics
OFF-MARKET
Estimated value
$132,790,000
Industrial properties
Fwy Blvd Sacramento, CA 95834
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5059924
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1980
Construction
TILT-UP CONCRETE
Total area
820,228 SF
Lot
1.63 ac (71,002 SF)
Zoning code
MP
APN
237-0420-037-0000
UPID
US09-5059924
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
$179.86M
Blend (final)
Blend
$132.79M
Owner & transaction history
Northgate Business Park LLC · 6 yrs held
Northgate Business Park LLC
since 2020
6 recorded transactions
Zoning & alternative use
MP · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$209.9M
+16.7%
Medical building
$208.9M
+16.1%
Commercial (general)
$193.9M
+7.8%
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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$179,860,000
Current use
AUTO REPAIR, GARAGE
$209,870,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$208,855,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$193,920,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$186,300,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$132.79M
Range $119.51M – $146.07M · ±10%
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
$162 / 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
$303
Tax year 2024
Applied tax rate
83.0000
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
820,228 SF
Lot
1.63 ac (71,002 SF)
Zoning code
MP
APN
237-0420-037-0000
UPID
US09-5059924
Jurisdiction
SACRAMENTO
Zoning & alternative use
MP · Sacramento, CA
Zoning MP · permitted uses
MP · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$179.9M
AUTO REPAIR, GARAGE
Est. value
$209.9M
MEDICAL BUILDING
Est. value
$208.9M
COMMERCIAL (GENERAL)
Est. value
$193.9M
OFFICE BUILDING
Est. value
$186.3M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.63 ac
Current owner
From public records · entity-resolved
Northgate Business Park LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1121 SW SALMON ST, PORTLAND, OR 97205-2000
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2020
—
Northgate Business Park LLC
Tasawwar Ali
Correction Deed
related
—
Mar 17, 2020
—
Ali,t & Tasawwar R Livin Trust
Smart Service Group INC
Quit Claim Deed
related
—
Jul 31, 2019
—
Harsch Inv Props LLC
—
Loan Modification
related
$8,700,000 · Mufg Union Bk NA
Jan 26, 2016
—
3831-3855 North Freeway Blvd
22301 Foothill Hayward LLC
Quit Claim Deed
—
Jul 31, 2015
$12,337,500
Harsch Investment Properties LLC
Ps Business Parks LP
Grant Deed
$9,100,000 · Mufg Union Bank NA
Mar 30, 1982
$20,000
Third Group
Pacific Scene INC
Grant Deed
related
$1,100,000
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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