5400 Date AveSacramento, CA 95841

Property Details for 5400 Date Ave

Year built

1969

Construction

TILT-UP CONCRETE

Lot size

10.35 AC

Property size (Sq ft)

134,050 SF

Zone code

LC

Property type

Retail properties

Property subtype

Community centers

APN

228-0092-014-0000

APU

22800920140000

Description

This exceptional 6,324 square foot retail property, located at 5400 Date Avenue in Sacramento, California (zip code 95841), presents a unique investment opportunity. Currently fully vacant, this strip center offers two suites ready for immediate occupancy. The property boasts abundant parking, a significant advantage for attracting customers. Its prime location provides exceptional visibility from Interstate 80, ensuring high traffic volume and exposure to a large potential customer base. The property is situated in Sacramento County and benefits from its established commercial corridor. Strong co-tenancy adds to the property's appeal, with neighboring businesses including CycleGear, Sacramento Exercise Equipment, Goodwill, 5.11 Tactical, Sleep Train, Defy Extreme Air Sports, and White Lotus Banquet Hall. This landmark property is ideal for a variety of retail uses, offering a chance to establish a thriving business in a high-traffic area with excellent visibility and ample parking. The entire 6,324 square feet is available for lease, providing flexibility for a single large tenant or the potential to subdivide the space. This is a rare opportunity to secure a prominent retail location in a desirable Sacramento area.

• CAP approach

  CAP return

  Valuation

  6%

  $26,090,850

  6.5%

  $24,083,862

  7%

  $22,363,586

• Comparable approach

  Method

  Valuation

  Relative Method

  $48,231,940

  Geo Method

  $48,231,940

• Alternative Use

  Use

  Valuation

  Residential

  $20,315,640

  Hospitality

  $18,609,016

  Educational

  $15,482,483

  Medical

  $16,014,949

  Retail

  $24,083,862

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.6651

Longitude

-121.354

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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