Razom Ventures specializes in small-bay industrial, neighborhood retail, missing middle multifamily, and infill development — finding value-add opportunities for owner-users and investors who want to build real wealth through Sacramento's most overlooked asset classes.
Commercial, industrial & residential — sales, leasing, and investment advisory across Northern California.
View Services →Ground-up, infill, and value-add — full-service development and construction management for own and client projects.
View Services →Portfolio strategy, disposition planning, and value-add identification for owner-clients and passive investors.
View Services →We focus on three overlooked, high-value niches — small-bay industrial owner-user, neighborhood retail under 5,000 SF, and missing middle infill housing. These asset types are underleveraged, under-brokered, and where the real value-add opportunities live.
We specialize in helping business owners acquire their own building — and investors find value-add deals that larger brokerages miss. Our focus is tight: small-bay industrial under 10,000 SF and neighborhood retail under 5,000 SF in the Sacramento and Rancho Cordova corridors.
These are the deals that SBA 7(a) and 504 programs are built for. We know how to structure the financing, identify the off-market sellers, and negotiate past the price — so owner-users stop paying rent and start building equity.
Under 10,000 SF, M-2 or I-2 zoned, owner-occupant eligible. SBA 504 deal structure with 10% down.
Under 5,000 SF, service-based tenancy, off-market sourcing. Value-add leasing and NNN repositioning.
Stop paying rent — own your building. CCIM-level underwriting to confirm the deal pencils before you commit.
A Sacramento flooring contractor was paying $6,200/month in rent for a flex bay. We identified an off-market 7,200 SF I-2 building in Rancho Cordova, negotiated the seller down $45K, and structured the acquisition using SBA 504 at 10% down. Month-one mortgage payment: $4,890 — $1,310 less than rent, plus they own the building.
The math: $640K purchase price. $64K down. 25-year amortization. Fully deductible. Building value appreciates. Rent to equity in 30 days.
We identified a 3-unit neighborhood strip center with one vacancy and two below-market leases rolling within 18 months. Acquired at a 7.1% cap on current income. Backfilled the vacancy in 4 months at $2.40/SF NNN, reset both leases at renewal to market. Stabilized cap: 5.8% — generating a $280K gain in appraised value.
Sacramento's missing middle — duplex, triplex, fourplex, townhome, and small apartment projects under 16 units — represents the highest-IRR infill development opportunity in the region. These projects are too small for institutional developers, too complex for average builders, and exactly where Razom operates.
By-right R-2, R-3, and MX zoning changes have unlocked infill opportunities that didn't exist 5 years ago. We know how to find the sites, read the entitlement path, and deliver at scale — without the 18-month discretionary approval risk.
Duplex through small apartment — by-right R-2/R-3 infill. Fastest entitlement, highest IRR per dollar invested.
Add rental units to existing properties. Permits in weeks, not months. Best yield enhancement in California today.
We screen dozens of sites before recommending one. Zoning, utilities, setbacks, FAR, and financing — verified before you buy.
We identified a large R-2 corner lot with an older SFR generating $1,450/month. By-right zoning allowed a triplex addition plus a JADU conversion in the existing structure — 4 total units. No discretionary hearing. Permits in 11 weeks. Total project cost $580K all-in. Stabilized gross rent: $6,800/month. IRR on 24-month hold: 26%.
The opportunity: AB 2011 and SB 9 changes made this deal possible where it wasn't 3 years ago. Most property owners and brokers still don't know these sites exist.
Vacant 0.4-acre R-3 infill lot, administrative design review only (9 weeks), construction-to-perm financing, 6 pre-sales during construction. The by-right entitlement path eliminated the single biggest risk in infill development: the discretionary hearing.
Buying a value-add deal is only half the equation — executing the business plan is where the money is made or lost. Razom manages the full value-add cycle: identify the gap, execute the improvement, and refinance or exit at the right time.
We specialize in the three most common value-add plays in our target asset classes: below-market rents on small multifamily, vacant or partially-leased neighborhood retail, and undermanaged small industrial. Each has a repeatable playbook that we've refined over dozens of transactions.
Below-market rents, unit turns, and rent resets. Refinance at stabilized NOI — return equity without selling.
Vacancy to full occupancy. Service-based tenants, NNN structures, and rent bumps built into every new lease.
Hold-or-sell analysis, 1031 timing, and replacement property sourcing — tax-deferred wealth compounding.
Acquired a partially-vacant 8,400 SF multi-tenant industrial building in Rancho Cordova at a 7.8% cap on actual income. Two bays vacant, two tenants paying 22% below market with leases rolling in 14 months. Bridge-financed the acquisition, backfilled both vacancies within 90 days, and reset all leases at market — $0.92/SF NNN. Refinanced at stabilized value 14 months later.
The playbook: Vacancy and below-market rents are not problems — they are the value-add. Buy the problem, solve it, refinance at the solution's value.
1962-built sixplex at $5,400/month gross — 38% below market. Bridge-financed unit-by-unit renovation through natural vacancy. Stabilized at $8,800/month. Triggered a cash-out refinance returning nearly full equity at 14 months. Building retained. Depreciation clock reset.
Browse our active commercial, industrial, and residential listings across the Sacramento region.
47-unit mixed-income infill on a Sacramento Redevelopment Agency surplus lot. 28 units at 60% AMI, 19 market rate. Ground-floor neighborhood retail leased to local business operators. By-right R-3-A zoning — no discretionary hearing required. Construction-to-perm financing with LIHTC equity.
Model your small-bay industrial or neighborhood retail acquisition — SBA 7(a), SBA 504 (10% down), or conventional. All calculations update live. Results appear below each tab.
Up to 90% LTV · 25yr amort · Variable rate: Prime + spread
10% equity · 50% bank 1st · 40% CDC 2nd · Fixed CDC rate
Investment property · 65–75% LTV · Balloon structure
Same property — all three structures side-by-side
Small-bay industrial rents, strip center cap rates, SBA rate changes, ADU regulations, and Sacramento infill development news — the signals that drive value-add deals.
Stay tuned — we're pulling live market intelligence from trusted CRE sources across Sacramento and national markets.
Value-add deal alerts + market intel every Thursday.
Every strategy has an ideal financing structure. Here are the programs we use to help clients acquire, develop, and grow.
Max leverage for owner-occupants. Guarantee fee financed in. Best for businesses acquiring their own operating space or first-time CRE buyers.
Three-tranche structure with fixed rate on 40% CDC debenture — best long-term rate certainty for owner-occupied CRE acquisitions.
For investor-owned income property. Works for NNN, office, industrial, multifamily. DSCR 1.20x min. Non-recourse available at $3M+.
Interest-only during construction with draws tied to milestones. Converts to mini-perm at CO. Used for Razom's own infill development projects.
Short-term leverage for repositioning plays — distressed acquisitions, lease-up, or value-add rehabs. Rehab holdback released on milestones.
Defer capital gains indefinitely by rolling proceeds into like-kind replacement property. DST structures available for fractional replacement.
Real transactions. Real numbers. How Razom applies strategy across 1031 exchanges, infill development, and value-add repositioning.
A Sacramento retail owner facing a $420K tax bill used a 1031 exchange to defer 100% of gains — and doubled their asset value. Full walkthrough: QI setup, 45-day ID, financing strategy.
Vacant infill lot to 8 delivered townhomes — full pro forma, entitlement strategy, and construction financing breakdown.
Bridge loan acquisition of 65%-leased flex industrial, lease-up strategy, and refinance. Full deal mechanics.
$3.2M office sale → hybrid 1031/OZ structure that deferred original gain AND eliminated appreciation tax on a 10-year OZ hold.
Same $2.5M acquisition modeled through all three structures. 10-year IRR comparison — the winner may surprise you.
Bridge-financed renovation, unit-by-unit repositioning, 63% rent growth. Full renovation playbook and cash-out refi mechanics.
Real-time cap rates, vacancy trends, permit activity, and submarket benchmarks — bookmark this page for weekly reference.
Set your criteria — we'll email you the moment a matching property hits our pipeline.
Instant cap-rate-based valuation estimate using current Sacramento market benchmarks.
Enter your sale close date — track your 45-day ID and 180-day close deadlines in real time.
Enter deal parameters — we'll score the value-add potential across 6 dimensions and tell you whether it's worth pursuing.
Enter two properties — instantly compare NOI, cap rate, DSCR, cash-on-cash, and 5-year equity build.
We partner with accredited investors on carefully underwritten development and value-add acquisitions across the Sacramento region.
Infill, ground-up, and repositioning plays in high-demand Sacramento submarkets where supply constraints support long-term pricing.
Quarterly reports, capital call notices, K-1s, and distribution history. Complete visibility into project status and financials.
JV equity, preferred equity, and co-GP arrangements tailored to your risk profile and return objectives.
Institutional underwriting rigor on every acquisition — the same discipline applied in federal and institutional advisory contexts.
First-look deal access and quarterly updates. Accredited investors only.
Full deal decks shared with verified accredited investors only.
Whether you're buying, selling, investing, or need development management — tell us what you're working on and we'll find the right path forward.
Every inquiry receives a personal response from a knowledgeable team member — typically within 2 business hours during M–F, 8am–6pm PST.
Rancho Cordova, CA 95670 USA
General inquiries and partnerships
Direct line — M–F, 8am–6pm PST
Goldenphoenixcollective@gmail.com
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Sacramento CRE trends, vacancy rates, cap rate benchmarks — updated quarterly.
Download Free →Submarket breakdowns — who's buying, what's being built, where the opportunity is.
Get the Guide →No-obligation valuation benchmarked against current market cap rates and comparable sales.
Request Valuation →Site control, entitlement risk, market demand, and financial feasibility — our internal checklist.
Download PDF →Razom Ventures is a full-service commercial real estate brokerage and development advisory firm headquartered in Rancho Cordova, California. We combine institutional-grade underwriting discipline with boots-on-the-ground Sacramento market knowledge — holding the CCIM and SR/WA designations that reflect our rigorous standard of analysis.
Every deal underwritten to institutional standards before presenting to clients or investors.
Honest analysis, not deal-motivated advice. Our reputation is our most valuable asset.
Northern California is where we live, invest, and build. Submarket depth drives better outcomes.
Brokerage, development, and management under one roof — seamless execution across the full lifecycle.
CRE advisory expertise across development, brokerage, and institutional underwriting throughout Northern California.
Transaction management, investor relations, and deal origination across commercial brokerage and development partnerships.
Equity placement, LP structuring, and investor relations. Managing the firm's capital markets and JV partnership program.
End-to-end project delivery from entitlement through close-out. GC oversight, budget control, and owner's rep services.