Sacramento · Commercial sale

Sacramento Ford RE buys 1501 Howe Ave in Sacramento for $14.3 million

A commercial property at 1501 Howe Ave, Sacramento sold for $14,300,000 on September 18, 2026. See the seller and buyer net sheets for this sale.

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Automated sale report from public sales records · How we make these · Published November 7, 2026

Recorded September 18, 2026 · Sacramento County, California

Aerial view of 1501 Howe Ave, Sacramento with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: Sacramento County Assessor. The photo can predate the sale.

Sale price: $14,300,000
Recorded: September 18, 2026
Property type: Commercial property
Building area: 52,806 sq ft
Price per sq ft: $271

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgSeptember 18, 2026

Seller's estimated net sheet

1501 Howe Ave, Sacramento

Sale price	$14,300,000
Title and settlement
Owner's title insurance policy	$10,143.50
Escrow fee	$1,900
Transfer taxes and recording
County documentary transfer tax	$15,730
City of Sacramento transfer tax	$19,662.50
Prorations
Property tax proration (seller owes)	$35,630.83
Other costs
Wire / courier / payoff processing	$75
Total deductions	$83,141.83
Estimated net to seller	$14,216,858.17

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NetSheet.orgSeptember 18, 2026

Buyer's estimated net sheet

1501 Howe Ave, Sacramento

Purchase price (cash)	$14,300,000
Transfer taxes and recording
City of Sacramento transfer tax	$19,662.50
Deed recording fee	$40
Credits
Property tax credit from seller	$35,630.83
Closing costs and prepaids	$19,702.50
Estimated cash to close	$14,284,071.67

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
Seller's property tax estimated at 1.15% of the sale price ($164,450). California tax bills are based on the seller's assessed value (Prop 13), not the sale price; enter the seller's actual bill or assessed value. This estimate can be far too high for long-time owners.
Title and settlement fees are typical estimates, not quotes.

Selling in Sacramento?

The commercial property at 1501 Howe Ave in Sacramento sold for $14,300,000, according to the Sacramento County Assessor. Assessor records show 52,806 square feet of building area. That puts the price at $271 per square foot.

The transfer tax paid on a grant deed recorded September 18, 2026 shows the sale price, according to the Sacramento County Clerk/Recorder. The deed covers 2 parcels. 1501 Howe Ave is the largest one we could identify.

The recorder's index lists Downtown Ford RE LLC as the seller and Sacramento Ford RE LLC as the buyer.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Sacramento County?

By our estimate, the seller's two largest charges, not counting prorations, were $19,662.50 for the city of Sacramento transfer tax and $15,730 for the county documentary transfer tax. Who pays what follows Sacramento County custom.

How much did the seller net?

By our estimate, the seller netted about $14,216,858. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $14,284,072 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

1501 Howe Ave, Sacramento, CA.

Source: Sacramento County Assessor, recent sales, document 202609180017. The price is the one indicated by the transfer tax paid; it may not be the actual sale price. Property details: Sacramento County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.