1556 Bell AveSacramento, CA 95838

Property Details for 1556 Bell Ave

Year built

1956

Construction

WOOD

Lot size

0.50 AC

Property size (Sq ft)

4,468 SF

Zone code

C-2-R

Property type

Office properties

Property subtype

Office buildings

APN

237-0162-009-0000

APU

23701620090000

Description

The Bell Avenue Retail Center, located at 1556 Bell Ave, Sacramento, CA 95838, presents a unique investment opportunity in a rapidly growing North Sacramento submarket. This Class A property boasts a total of 18,600 square feet across three single-story buildings, situated on a 2.34-acre lot. The center offers multiple tenancy options, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 5,580 square feet. Tenants can choose from a variety of spaces suitable for retail, restaurant, or medical office uses, including drive-thru capabilities and QSR options. The property includes 91 total parking spaces for ample customer convenience. Currently, three spaces are available, ranging in size from 1,200 to 12,780 square feet. The center is strategically positioned at the southwest corner of Raley Boulevard and Bell Avenue, serving an underserved area with high demand for goods and services. This prime location benefits from proximity to substantial residential and business parks, ensuring a captive audience for prospective tenants. Built in 1904, the property offers a blend of established presence and growth potential. The property is located in Sacramento County and offers a total of 10 suites. This is an exceptional opportunity for investors seeking high-return potential in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $805,232

  6.5%

  $743,292

  7%

  $690,199

• Comparable approach

  Method

  Valuation

  Relative Method

  $637,941

  Geo Method

  $637,941

• Alternative Use

  Use

  Valuation

  Residential

  $921,681

  Hospitality

  $844,255

  Educational

  $702,410

  Medical

  $726,567

  Retail

  $1,092,638

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.647

Longitude

-121.43

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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