4506 Brookfield DrSacramento, CA 95823

For Sale
$880,000 View listing
  • Retail space
  • 4,400 SF

Property Details for 4506 Brookfield Dr

Year built
1966
Construction
TILT-UP CONCRETE
Lot size
0.59 AC
Property size (Sq ft)
4,400 SF
Zone code
C-2-R
Property type
Retail space
APN
050-0020-041-0000
APU
5000200410000

Description

This exceptional 4,400-square-foot retail building in Sacramento, CA, presents a unique owner-user opportunity. Located at 4506 Brookfield Dr, 95823, this single-story, Class C property sits on a 0.44-acre lot zoned C-2-R. Currently operating at 100% occupancy as a grocery store for over two decades, the building boasts a fully equipped kitchen with a hood system, a spacious cement patio, and two bathrooms—one recently renovated. The asking price is $880,000, translating to $200 per square foot. The property is conveniently situated near Highway 99, between Florin Road and Mack Road, just east of Franklin Blvd. The building features separate utility meters, allowing for potential subdivision into four individual spaces. This NNN lease property is an ideal investment for owner-occupants seeking a versatile retail space with significant upside potential. The building's long-standing tenancy and prime location make it an attractive proposition for a variety of retail uses. The property is a single-tenant building with 4,400 square feet of net rentable space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,088,102
    6.5%
    $1,004,402
    7%
    $932,659
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,583,145
    Geo Method
    $1,583,145
  • Alternative Use

    Use
    Valuation
    Residential
    $847,250
    Hospitality
    $776,077
    Educational
    $645,687
    Medical
    $667,893
    Retail
    $1,004,402
4506 Brookfield Dr, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.4822
Longitude
-121.452
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
$6,355
$68,808
$241,465
$310,273
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