Property profile

Melrose Ave Elk Grove, CA 95624

OFF-MARKET
Strip malls
Property ID
US09-4939872
0.01 ac lot
Trust Owned 12-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Lot 0.01 ac (640 SF)
Zoning code RD-5
APN 125-0112-015-0000
UPID US09-4939872

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Melrose Ave Elk Grove, CA 95624
Elk Grove metro Census 9309 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2014
2 recorded transactions
2014
Price N/A
1996
Price N/A

Zoning & alternative use

RD-5 · Elk Grove, CA
Zoning description

The low density residential zoning district designations are applied to areas of the City intended to accommodate low density single family residential neighborhoods. The RD-5 district allows single family and two family…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Melrose Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message