1950 Arden WaySacramento, CA 95815
- Office properties
- 30,235 SF
Property Details for 1950 Arden Way
- Year built
- 1978
- Construction
- STEEL FRAME
- Lot size
- 1.61 AC
- Property size (Sq ft)
- 30,235 SF
- Zone code
- SC-R-PUD
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 277-0271-007-0000
- APU
- 27702710070000
Description
This exceptional retail property at 1950 Arden Way in Sacramento, CA 95815, offers a prime opportunity for businesses seeking high visibility and significant square footage. The 6,000-square-foot building, currently fully vacant, is zoned SC-R-PUD and features a flexible layout divisible to a minimum of 2,000 square feet, accommodating a variety of retail concepts. The property boasts over 900 feet of combined frontage on Arden Way and Exposition Boulevard, ensuring maximum exposure to high traffic volume. Its strategic location within the Sacramento submarket makes it an ideal choice for businesses targeting a diverse customer base. The property is slated for redevelopment, presenting a unique chance to establish a presence in a revitalized area. Potential tenants should inquire about patio opportunities. This multi-tenant building includes two QSR PADs, providing additional options for various business types. The property's prominent signage opportunities further enhance its appeal to businesses seeking strong brand visibility. This is a rare chance to secure a substantial retail space in a high-traffic location with excellent visibility and redevelopment potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,023,750
- 6.5%
- $4,637,308
- 7%
- $4,306,071
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,316,954
- Geo Method
- $4,316,954
-
Alternative Use
- Use
- Valuation
- Residential
- $5,750,261
- Hospitality
- $5,267,208
- Educational
- $4,382,256
- Medical
- $4,532,968
- Retail
- $6,816,842
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.5963
- Longitude
- -121.422
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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