4506 Brookfield DrSacramento, CA 95823
- 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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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