251 6Th StSacramento, CA 95811

Property Details for 251 6Th St

Lot size

2.88 AC

Zone code

C-3-SPD

Property type

High-rise multifamily apartments

APN

002-0010-069-0000

APU

200100690000

Description

The AJ, located at 251 6th Street in Sacramento, CA 95811, offers exceptional retail space in a vibrant urban setting. This six-story commercial building boasts a total of 5,745 square feet, currently entirely vacant and available for lease. Multiple tenancy options exist, with spaces ranging from a minimum of 1,169 square feet to a maximum contiguous space of 2,432 square feet. The building is zoned C-3-SPD, providing flexibility for a variety of retail uses. Ample parking is available with 34 spaces. Electrical service is robust, with 200 amps available, increasing to 400 amps for a specific space if leased in conjunction with an adjacent unit. This presents a unique opportunity for businesses seeking high-visibility retail space in a thriving Sacramento County location. The property's central location offers excellent access to foot traffic and convenient parking for customers. This is an exceptional opportunity to establish or expand your retail presence in a dynamic and desirable area. The building's size and layout offer considerable versatility for various retail concepts. Interested parties should inquire about specific space availability and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $44,119,240

  6.5%

  $40,725,452

  7%

  $37,816,492

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,763,878

  Geo Method

  $27,763,878

• Alternative Use

  Use

  Valuation

  Residential

  $40,725,452

  Hospitality

  $37,304,296

  Educational

  $31,036,736

  Medical

  $32,104,136

  Retail

  $48,279,364

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5891

Longitude

-121.495

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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