2234 Auburn BlvdSacramento, CA 95821

  • Retail properties
  • 7,776 SF
For Sale
$1,700,000 View listing

Property Details for 2234 Auburn Blvd

Year built
1955
Construction
WOOD
Lot size
0.61 AC
Property size (Sq ft)
7,776 SF
Zone code
SPA
Property type
Retail properties
Property subtype
Retail space
APN
266-0032-003-0000
APU
26600320030000

Description

This exceptional Sacramento retail property, located at 2234 Auburn Blvd, offers a compelling investment opportunity. The property encompasses two buildings totaling 7,725 square feet on a sizable 0.61-acre lot. The main street-facing building offers approximately 3,600 square feet, while the rear building provides approximately 4,125 square feet of additional space. Benefiting from high visibility due to its freeway frontage, this property is zoned SPA (Special Planning Area) within the West Auburn Blvd Special Planning Area. The asking price is $1,700,000. This presents a rare chance to acquire a well-situated retail center in a thriving Sacramento location. The substantial lot size offers potential for future expansion or redevelopment, subject to applicable zoning regulations. The property's strategic location and significant square footage make it ideal for a variety of retail uses. Detailed site plans and zoning information are available upon request. This is a turnkey opportunity for investors seeking a strong return in a dynamic market. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,899,291
    6.5%
    $1,753,192
    7%
    $1,627,964
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,797,848
    Geo Method
    $2,797,848
  • Alternative Use

    Use
    Valuation
    Residential
    $1,478,883
    Hospitality
    $1,354,649
    Educational
    $1,127,052
    Medical
    $1,165,813
    Retail
    $1,753,192
2234 Auburn Blvd, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.6249
Longitude
-121.413
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,975
$279,108
$534,451
$813,559
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